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Cell Biosciences Strengthens Management Team

PALO ALTO, CA, July 2, 2008 — Cell Biosciences, Inc., a provider of ultrasensitive protein detection and characterization systems to life science researchers, today announced three key management team additions.

Jason Novi was named Chief Financial Officer, with responsibility for the finance, manufacturing and administrative functions. Prior to joining Cell Biosciences, Mr. Novi was the Vice President, Finance at Nektar Therapeutics. He served as Director of Finance at Molecular Devices Corporation from 2000 to 2007, where he was responsible for all worldwide accounting, finance and treasury functions, and played a key role in the execution and integration of its corporate development activities.

Robert Gavin was named Vice President, Engineering. Mr. Gavin brings nearly 20 years of experience to the Cell Biosciences development team. Most recently, he served as Director of Engineering at MDS Analytical Technologies (previously Molecular Devices), where he directed multidisciplinary teams of mechanical, electrical, firmware, and systems engineers. Mr. Gavin has a strong record of creating highly-successful laboratory systems, including industry-leading optical plate readers and high throughput screening platforms.

Also announced was the appointment of Wilhelm Lachnit, Ph.D. as Vice President, Research and Development. Dr. Lachnit has two decades of experience in pharma/biotech and life sciences. Most recently, he held both scientific and commercial leadership positions at Molecular Devices, where he played a central role in the development and launch of the IonWorks™ product line. Previously, he pioneered the early adoption of automated cell-based assays at Roche and Syntex (acquired by Roche). Dr. Lachnit holds a Ph.D. in Pharmacology-Toxicology from the University of California, Davis.

“I am extremely pleased to announce these additions to the Cell Biosciences leadership team,” said Tim Harkness, President and Chief Executive Officer. “These individuals have all been key contributors at successful life science companies. I am confident that they will provide exceptionally strong leadership as we develop our portfolio of ultrasensitive nano-proteomics products.”

About Cell Biosciences

Cell Biosciences is a private life sciences company focused on nano-proteomics. We are developing instrumentation systems to enable the detection and characterization of specific proteins in extremely small biological samples. Our company’s lead product, the Firefly 3000, is a capillary-based nanofluidic immunoassay platform designed for ultrasensitive detection and characterization of proteins. Cell Biosciences is located in Palo Alto, CA. www.cellbiosciences.com.

For additional information, please contact Walter Ausserer, VP of Marketing, Cell Biosciences, Inc. 650 859-1485