Twist Bioscience Announces Participation in SRC Panel at the 2022 MRS Spring Meeting and Exhibit

Rhea-AI Summary

Twist Bioscience (NASDAQ: TWST), a leader in synthetic DNA technology, announced that Steffen Hellmold will represent the company at the 2022 Materials Research Society (MRS) Spring Meeting in Honolulu, Hawaii, from May 8-13. Hellmold will participate in the '2030 Decadal Plan for Semiconductors Panel Discussion' on May 12. This panel will explore the anticipated demand for silicon-based memory and potential solutions, including DNA data storage. Twist’s innovative platform focuses on synthesizing high-quality DNA products for various sectors including healthcare and drug discovery.

Positive

• Steffen Hellmold's participation in a key industry panel may enhance Twist's visibility and networking opportunities.
• The focus on emerging solutions like DNA data storage aligns with market needs, potentially positioning Twist favorably in future developments.

Negative

• None.

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that Steffen Hellmold, senior vice president, business development for data storage, will participate in the 2022 Materials Research Society (MRS) Spring Meeting and Exhibit taking place in Honolulu, Hawai’i May 8-13 and virtually May 23-25. Mr. Hellmold will participate as a panelist in the 2030 Decadal Plan for Semiconductors Panel Discussion on May 12 from 1:30-5:00 PM Hawaii-Aleutian Standard Time at the Hawaiʻi Convention Center, Level 3, Room 324.

The panel will bring together experts in industry and academia to discuss the five seismic shifts outlined in the Semiconductor Research Corporation’s (SRC) 2030 Decadal Plan for Semiconductors and their predicted impact on the future of semiconductors and information and communication technologies. One of the seismic shifts outlined in the plan is that the growing demand for silicon-based memory and storage will outstrip global silicon supply and create opportunities for radically new storage solutions. The semiconductor industry is looking to DNA data storage as one of these emerging solutions that could revolutionize mass storage.

About Twist Bioscience Corporation

Twist Bioscience is a leading and rapidly growing synthetic biology and genomics company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by “writing” DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research.

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Twist Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained herein are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Twist Bioscience’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. For a description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Twist Bioscience’s business in general, see Twist Bioscience’s risk factors set forth in Twist Bioscience’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 6, 2022 and subsequent filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Twist Bioscience specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220510005559/en/

For Twist Bioscience:

Angela Bitting

SVP, Corporate Affairs

Twist Bioscience

abitting@twistbioscience.com

Source: Twist Bioscience Corporation

FAQ

What is the purpose of Steffen Hellmold's participation in the 2022 MRS Spring Meeting?

Steffen Hellmold will discuss the 2030 Decadal Plan for Semiconductors and the growing demand for silicon-based memory.

How might DNA data storage impact Twist Bioscience's business?

DNA data storage is considered a revolutionary solution in the semiconductor industry, potentially benefiting Twist's market position.

When is the panel discussion featuring Twist Bioscience at the MRS Spring Meeting?

The panel discussion is scheduled for May 12, 2022, from 1:30 PM to 5:00 PM Hawaii-Aleutian Standard Time.

What sectors does Twist Bioscience serve with its synthetic DNA products?

Twist Bioscience provides products for healthcare, industrial chemicals, agriculture, and academic research.

What are the anticipated challenges discussed in the 2030 Decadal Plan for Semiconductors?

The plan outlines concerns regarding the growing demand for silicon-based memory and its implications for future storage solutions.