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Standard BioTools Announces Appointment of Fenel Eloi to Board of Directors

Key Takeaway: Standard BioTools Inc. has appointed Fenel Eloi to its Board of Directors, as the company enters a new phase of transformation. Eloi, who has a robust background in the life science tools industry, aims to leverage his experience to help guide the company in its mission. Concurrently, Bill Colston will retire from the Board. This strategic appointment reflects Standard BioTools' ambitions to enhance its leadership and operational success.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Fenel Eloi expected to bring substantial leadership experience.
  • Eloi's track record indicates potential for significant growth within the company.
  • The company is undergoing a significant transformation, aiming to build a premier platform.

Full Press Release Details

Standard BioTools Announces Appointment of Fenel Eloi to Board of Directors
Experienced Life Science Operating Leader
Joins Board as Company Enters New Phase
SOUTH SAN FRANCISCO, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- Standard
BioTools Inc. (Nasdaq:LAB), driven by a bold purpose - Unleashing tools to accelerate breakthroughs in human health -
today announced the appointment of Fenel Eloi to its Board of Directors ("Board"). Eloi will also serve on the Board's
Eloi was most recently the Chief Financial Officer and then Chief
Operating Officer of Cell Signaling Technology, Inc., where he oversaw significant growth of the business over a period of 12 years and
provided leadership in the transformation of the company to a global operation. Previously, Mr. Eloi was Chief Operating Officer and Chief
Financial Officer at Interleukin Genetics. He was also Chief Financial Officer at LifeCell Corporation and Genome Therapeutics Corporation.
"Standard BioTools is a company undergoing significant transformation
and Fenel's impressive track record operating companies in the life science tools industry will be a great asset as we continue
to build a premier life science tools platform company," said Michael Egholm, President and CEO of Standard BioTools.
"I am excited to join such a dynamic team building a great
company," said Eloi. "The mission is clear, the tasks formidable and the team is clearly capable. I am eager to help guide
the company as it executes on its journey."
Concurrent with the appointment of Mr. Eloi, Bill Colston will retire
from Standard BioTools' Board and the Compensation Committee of the Board.
"On behalf of the entire Board, I thank Bill for his strong
contributions to Standard BioTools," said Carlos Paya, Chairman of the Board.
About Standard BioTools Inc.
Standard BioTools Inc. (Nasdaq:LAB), previously known as Fluidigm
Corporation, is driven by a bold purpose - Unleashing tools to accelerate breakthroughs in human health. Standard BioTools
has an established portfolio of essential, standardized next-generation technologies that help biomedical researchers develop medicines
faster and better. As a leading solutions provider, the company provides reliable and repeatable insights in health and disease using
its proprietary mass cytometry and microfluidics technologies, which help transform scientific discoveries into better patient outcomes.
Standard BioTools works with leading academic, government, pharmaceutical, biotechnology, plant and animal research, and clinical laboratories
worldwide, focusing on the most pressing needs in translational and clinical research, including oncology, immunology, and immunotherapy.
Learn more at standardbio.com or connect with us on Twitter ,
Facebook , LinkedIn, and YouTube .
Standard BioTools, the Standard BioTools logo, Fluidigm, the Fluidigm logo and "Unleashing tools to accelerate breakthroughs in
human health" are trademarks and/or registered trademarks of Standard BioTools Inc. or its affiliates in the United States and/or
other countries. All other trademarks are the sole property of their respective owners. Standard BioTools products are provided for Research
Use Only. Not for use in diagnostic procedures.
Available Information
Standard BioTools uses its website (standardbio.com),
investor site (investors.standardbio.com), corporate Twitter account (@Standard_BioT),
Facebook page (facebook.com/StandardBioT), and LinkedIn page (linkedin.com/company/standard-biotools)
as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming
investor and industry conferences, and other matters. Such information may be deemed material information, and Standard BioTools may
use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor Standard BioTools'
website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts.
Scott R. Greenstone, CFA
Peter DeNardo 415 389 6400
Source: Standard BioTools Inc.

Frequently Asked Questions

Who was appointed to the Board of Directors at Standard BioTools?

Fenel Eloi has been appointed to the Board of Directors.

What was Fenel Eloi's previous role before joining Standard BioTools?

He was the Chief Financial Officer and Chief Operating Officer at Cell Signaling Technology.

What is Standard BioTools' primary mission?

The mission is to unleash tools to accelerate breakthroughs in human health.

Who is retiring from the Standard BioTools Board?

Bill Colston will retire from Standard BioTools' Board.

What technologies does Standard BioTools focus on?

The company focuses on mass cytometry and microfluidics technologies.

Last updated: Mar 15, 2023