Quantum-Si Appoints Former Illumina and Cisco Systems Executive, Paula Dowdy, to its Board of Directors
March 21 2024 - 3:05PM
Business Wire
Quantum-Si Incorporated (Nasdaq: QSI) (“Quantum-Si,” “QSI” or
the “Company”), The Protein Sequencing CompanyTM, today announced
the appointment of Paula Dowdy, a senior executive with more than
35 years of experience across life sciences, enterprise software,
and technology industries, to its Board of Directors.
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Paula Dowdy (Photo: Business Wire)
Ms. Dowdy currently serves on the Board of Directors for SPT
Labtech, a world leading lab automation tools company based in the
UK and is an advisor at EQT Life Sciences, one of Europe’s leading
investors targeting innovative life sciences and healthcare.
Previously, she was the SVP and General Manager of Europe, Middle
East and Africa (EMEA) at Illumina where she led the region through
a period of significant growth. Prior to Illumina, Ms. Dowdy spent
over 20 years at Cisco Systems, Inc., and held various positions in
products, services, and software in the United States, and
globally.
“We are thrilled to welcome Paula to our Board of Directors,”
said Jeff Hawkins, President and Chief Executive Officer of
Quantum-Si. “At Illumina, Paula helped the company more than double
the EMEA business and in doing so, developed a depth of experience
in each of the key markets, customers and regional distribution
networks, all of which will help us to successfully build the EMEA
region for Quantum-Si. Her proven track record of driving growth
and innovation in the fields of genomics and technology aligns
perfectly with our mission to revolutionize protein sequencing and
ultimately, improve human health.”
Throughout her career, Ms. Dowdy has demonstrated a commitment
to supporting companies as they scale and helping them achieve
record revenue growth. Her expertise in commercial strategy, market
development, and global operations will be instrumental as
Quantum-Si continues to expand its reach and impact in
proteomics.
“I am honored to join the Quantum-Si Board of Directors during
this pivotal moment in the Company’s journey,” said Ms. Dowdy. “I
believe Quantum-Si’s groundbreaking technology has the potential to
transform how we understand the importance of protein sequencing
and its potential to unleash the power of proteomics to treat
complex diseases. I look forward to contributing to the Company’s
continued success.”
Ms. Dowdy earned an MBA from Pepperdine University and a
Bachelor of Arts degree from the University of California,
Berkeley. Her appointment to the Quantum-Si Board of Directors is
effective as of today.
About Quantum-Si Incorporated
Quantum-Si, The Protein Sequencing Company™, is focused on
revolutionizing the growing field of proteomics. The Company’s
suite of technologies is powered by a first-of-its-kind
semiconductor chip designed to enable next-generation
single-molecule protein sequencing and digitize proteomic research
in order to advance drug discovery and diagnostics beyond what has
been possible with DNA sequencing. Learn more at quantum-si.com or
follow us on LinkedIn or X.
Forward Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. The actual
results of the Company may differ from its expectations, estimates,
and projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as "expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions (or the negative versions of such words or expressions)
are intended to identify such forward-looking statements. These
forward-looking statements include, without limitation, the
Company's expectations with respect to future performance and
development and commercialization of products and services. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from those discussed in the forward-looking statements.
Most of these factors are outside the Company's control and are
difficult to predict. Factors that may cause such differences
include, but are not limited to: the inability to maintain the
listing of the Company's Class A common stock on The Nasdaq Stock
Market; the ability of the Company to grow and manage growth
profitably and retain its key employees; the Company’s ongoing
leadership transitions; changes in applicable laws or regulations;
the ability of the Company to raise financing in the future; the
success, cost and timing of the Company's product development and
commercialization activities; the commercialization and adoption of
the Company’s existing products and the success of any product the
Company may offer in the future; the potential attributes and
benefits of the Company’s commercialized Platinum™ protein
sequencing instrument and kits and the Company’s other products
once commercialized; the Company's ability to obtain and maintain
regulatory approval for its products, and any related restrictions
and limitations of any approved product; the Company's ability to
identify, in-license or acquire additional technology; the
Company's ability to maintain its existing lease, license,
manufacture and supply agreements; the Company's ability to compete
with other companies currently marketing or engaged in the
development or commercialization of products and services that
serve customers engaged in proteomic analysis, many of which have
greater financial and marketing resources than the Company; the
size and growth potential of the markets for the Company's products
and services, and its ability to serve those markets once
commercialized, either alone or in partnership with others; the
Company's estimates regarding future expenses, future revenue,
capital requirements and needs for additional financing; the
Company's financial performance; and other risks and uncertainties
described under "Risk Factors" in the Company’s most recent Annual
Report on Form 10-K, and in the Company's other filings with the
SEC. The Company cautions that the foregoing list of factors is not
exclusive. The Company cautions readers not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. The Company does not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances
on which any such statement is based.
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version on businesswire.com: https://www.businesswire.com/news/home/20240321183506/en/
Investor Contact Jeff Keyes, Chief Financial Officer
ir@quantum-si.com
Media Contact Katherine Atkinson, SVP, Commercial
Marketing media@quantum-si.com
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