Exhibit 99.1



WaferGen Bio-systems Reports Results for Second Quarter 2016

Second Quarter Revenues Represent 56% Growth over Second Quarter of 2015 and 30% Growth over First Quarter of 2016

FREMONT, California – August 9, 2016
WaferGen Bio-systems, Inc. (NASDAQ: WGBS), a life sciences company focused on developing and commercializing technology platforms for genomic solutions, announced today its financial results for the second quarter ended June 30, 2016.

Key Recent Highlights

Announced in May 2016 the proposed merger with Takara Bio USA Holdings Inc. and certain of its affiliates, pursuant to which Takara would acquire the Company for a multiple of the Company’s 2016 revenue, subject to certain adjustments set forth in the merger agreement

Entered into a distribution agreement under which Takara has begun to distribute WaferGen’s products in Japan

Exceeded $2.5 million in quarterly revenue for the first time since WaferGen’s operations began

Placed four ICELL8™ Single-Cell Systems in the second quarter of 2016

Received a Notice of Allowance for a U.S. Patent Application for both method and system claims to process genetic material including single cell NGS libraries from multi-well arrays; consequently, WaferGen now owns five total issued patents and two allowed applications

Closed on June 30, 2016, with $7.4 million in cash, which WaferGen believes is sufficient to fund operations into 2017

“The second quarter set another new record for WaferGen,” said Rollie Carlson, Ph.D., President and Chief Executive Officer of WaferGen. “Our revenue of $2.5 million surpassing the $2.4 million we achieved in the fourth quarter of 2015. We have placed eight ICELL8 Single-Cell Systems since our initial launch in October of 2015, and are pleased with our sales outlook. Based on the feedback we are receiving from potential customers, leading biopharmaceutical companies and academic institutions, the demand for our ICELL8 Single-Cell System remains strong, although the sales cycle is longer than we originally envisaged. Based on all of this, as well as the continued strong performance from our base business, we are revising our full-year 2016 revenues from $12 million to $13 million to now be in the range of $10 million to $12 million.”


Second Quarter Ended June 30, 2016

Total revenue for the three months ended June 30, 2016, comprising product revenue only, was approximately $2.5 million, compared to approximately $1.6 million for the prior year period, which included $125,000 of license and royalty revenue. The increase of approximately $1.0 million in product revenue was primarily attributable to increases for the three months ended June


The following information was filed by Wafergen Biosystems, Inc. (WGBS) on Tuesday, August 9, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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