Great Basin Scientific Named a 2016 “Best Compan

SALT LAKE CITY, Dec. 12, 2016 (GLOBE NEWSWIRE) -- Great Basin Scientific, Inc. (OTCQB:GBSN), a molecular diagnostics company, today announced it was named a “ Best Companies to Work For ” in 2016. Great Basin received the first-time recognition from Utah Business Magazine in the medium-sized company category, for companies with 100 to 500 employees.

“From the beginning, we set out to build the kind of company where people want to go to work every day – a place where everyone feels respected and valued, and in an environment of openness and collaboration, where people can make a meaningful contribution to our mission of improving patient care and reducing the cost of healthcare,” said Ryan Ashton, co-founder and Chief Executive Officer.  “Our culture didn't just happen – it is a result of demonstrating those values in how we run our business, how we care for our customers, and by hiring people who share that commitment and hold each other to those values. We are pleased our employees consider Great Basin a great place to work and we’re honored to receive this recognition.”

Companies across Utah entered a rigorous selection process to compete for the Best Companies to Work For recognition. Competing companies were evaluated on a review of benefits, pay, fairness, opportunities, as well as corporate culture and internal communications. The process also included an anonymous and voluntary employee survey of at least 50% of each company’s employees.  A combined score determined winners. Companies who received top honors were those that recognized talent and achievement, had low turnover, and received high marks from employees.

Great Basin employees gave the Company high marks for its benefits package, work/life balance, fun environment, and company culture. Some of the employee comments included:

• “Great Basin has the best work environment I have ever been in. The employees are treated respectfully and they put an emphasis on family/work balance.”
• “Competitive salary, flexibility, 100% paid health insurance, PTO, great atmosphere, wonderful people, dream job!”
• “Free lunches on Wednesday, flexible work schedules, and dogs are allowed!”
• “Great Basin is a collaborative, energetic and team-oriented environment. Every player is focused on achieving and exceeding company goals and directives to drive our success. It is a workplace that makes you feel like you are a part of something Great!”

Great Basin and other winning companies were honored at an awards luncheon hosted by Utah Business Magazine on December 8, 2016 at the Grand America Hotel in Salt Lake City.

About Great Basin Scientific Great Basin Scientific is a molecular diagnostics company that commercializes breakthrough chip-based technologies. The Company is dedicated to the development of simple, yet powerful, sample-to-result technology and products that provide fast, multiple-pathogen diagnoses of infectious diseases. The Company’s vision is to make molecular diagnostic testing so simple and cost-effective that every patient will be tested for every serious infection, reducing misdiagnoses and significantly limiting the spread of infectious disease. More information can be found on the company’s website at www.gbscience.com . 

Forward-Looking Statements This press release includes forward-looking statements regarding the Company’s continuing business efforts related to its products, including but not limited to, statements regarding the Company’s development plans and other similar statements. Forward-looking statements involve risk and uncertainties, which could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. These risk and uncertainties include, but are not limited to: (i) our limited operating history and history of losses; (ii) our ability to develop and commercialize new products and the timing of commercialization; (iii) our ability to obtain capital when needed; and (iv) other risks set forth in the Company’s filings with the Securities and Exchange Commission, including the risks set forth in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and Quarterly Report on From 10-Q for the quarter ended September 30, 2016. These forward-looking statements speak only as of the date hereof and Great Basin Scientific specifically disclaims any obligation to update these forward-looking statements, except as required by law.

Media Contact: Nirav Suchak, ICR 646.277.1257 Nirav.Suchak@icrinc.com Investor Relations Contact: Betsy Hartman, Great Basin Scientific 385.215.3372 ir@gbscience.com