Applied Biosystems Inc. First Quarter Fiscal 2009 Financial Results and Conference Call Scheduled for October 22, 2008

Business Wire, Oct 9, 2008

Company Reiterates Outlook for the Quarter

NORWALK, Conn. -- Applied Biosystems Inc. (NYSE:ABI) announced today that it will issue fiscal 2009 first quarter financial results on Wednesday, October 22, 2008. Results are scheduled for release before the opening of trading on the New York Stock Exchange.

Applied Biosystems expects fiscal 2009 first quarter financial results to be in line with its guidance issued July 24, 2008. At that time, Applied Biosystems indicated that it expected first quarter fiscal 2009 revenue to increase in line with the growth rate in the first quarter of fiscal 2008 and first quarter fiscal 2009 gross margin and operating margin to be higher than in the fiscal 2008 first quarter.

Tony L. White, Chief Executive Officer, Dennis L. Winger, Chief Financial Officer, and Mark Stevenson, President and Chief Operating Officer will lead a conference call on October 22 at 11:00 a.m. (ET) to discuss first quarter fiscal 2009 results and other matters related to the businesses. Following prepared remarks, the management team will answer questions from securities analysts and investment professionals. Investors, securities analysts, representatives of the media and other interested parties who would like to participate should dial 617-614-3943 and enter passcode 92894959 at any time from 10:45 a.m. (ET) until the end of the call. This conference call will also be webcast. Interested parties who wish to listen to the webcast should visit the "Investors & Media" section of www.appliedbiosystems.com. A digital recording will be available approximately two hours after the completion of the conference call on October 22 until November 5, 2008. Interested parties should call 617-801-6888 and enter passcode 76254963.

About Applied Biosystems

Applied Biosystems Inc. (formerly known as Applera Corporation) is a global leader in the development and marketing of instrument-based systems, consumables, software, and services for academic research, the life science industry and commercial markets. Driven by its employees' belief in the power of science to improve the human condition, the company commercializes innovative technology solutions for DNA, RNA, protein and small molecule analysis. Customers across the disciplines of academic and clinical research, pharmaceutical research and manufacturing, forensic DNA analysis, and agricultural biotechnology use the company's tools and services to accelerate scientific discovery, improve processes related to drug discovery and development, detect potentially pathogenic microorganisms, and identify individuals based on DNA sources. Applied Biosystems has a comprehensive service and field applications support team for a global installed base of high-performance genetic and protein analysis solutions. Applied Biosystems Inc. is headquartered in Norwalk, CT. On June 12, 2008, Applera Corporation and Invitrogen Corporation (NASDAQ:IVGN) announced that their Boards of Directors had approved a definitive merger agreement under which Invitrogen will acquire all of the outstanding shares of Applied Biosystems stock. The merger is subject to customary closing conditions and is targeted to close in the fall of 2008. Information about Applied Biosystems, including reports and other information filed by the company with the Securities and Exchange Commission, is available at http://www.appliedbiosystems.com. All information in this news release is as of the date of the release, and Applied Biosystems does not undertake any duty to update this information unless required by law.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

In connection with the proposed transaction, Invitrogen and Applied Biosystems have filed a joint proxy statement/prospectus as part of a registration statement on Form S-4 regarding the proposed transaction with the Securities and Exchange Commission, or SEC. The final joint proxy statement/prospectus has been mailed to shareholders of both companies. Investors and security holders are urged to read it in its entirety because it contains important information about Invitrogen and Applied Biosystems and the proposed transaction. Investors and security holders may obtain a free copy of the definitive joint proxy statement/prospectus and other documents at the SEC's website at www.sec.gov. The definitive joint proxy statement/prospectus and other relevant documents may also be obtained free of charge from Invitrogen by directing such requests to: Invitrogen Corporation, Attention: Investor Relations, 5791 Van Allen Way, Carlsbad, CA 92008, and from Applied Biosystems Inc. at: Applied Biosystems Inc., Attention: Investor Relations 850 Lincoln Center Drive, Foster City, CA 94404.

PARTICIPANTS IN THE SOLICITATION

Invitrogen and Applied Biosystems and their respective directors, executive officers and certain other members of their management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information concerning all of the participants in the solicitation is included in the joint proxy statement/prospectus relating to the proposed merger. This document is available free of charge at the Securities and Exchange Commission's Web site at www.sec.gov and from: Invitrogen Investor Relations, telephone: (760) 603-7200 or on Invitrogen's website at http://www.invitrogen.com; or from Applied Biosystems Investor Relations, telephone: (650) 554-2449 or on the Applied Biosystems' web site at www.appliedbiosystems.com.