Exhibit 99.1

INDEX TO FINANCIAL STATEMENTS

|                                                         |  |                                                                                                       |  |     
|-------------------------------------------------------- |  | ----------------------------------------------------------------------------------------------------- |  | ----
|                                                         |  |                                                                                                       |  | Page
|                                                         |  |                                                                                                       |  |     
|Genomic Solutions Inc. 2000 Employee Stock Purchase Plan
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                         |  | Report of Independent Public Accountants                                                              |  | F-2 
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                         |  | Statement of Net Assets Available for Plan Benefits
as of December 31, 2000                           |  | F-3 
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                         |  | Statement of Changes in Net Assets Available for
Plan Benefits for the Period ended December 31, 2000 |  | F-3 
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                        
|                                                         |  | Notes to Financial Statements                                                                         |  | F-4 

F-1



---



Report of Independent Public Accountants

Members of the Compensation Committee
Genomics Solution Inc. 2000 Employee Stock Purchase Plan:

We have audited the accompanying statement of net assets available for plan
benefits of the GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN (the Plan)
as of December 31, 2000, and the related statement of changes in net assets
available for plan benefits for the period ended December 31, 2000. These
financial statements are the responsibility of the Plans administrator. Our
responsibility is to express an opinion on these financial statements based on
our audit.

We conducted our audit in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable basis
for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets available for plan benefits of the Plan
as of December 31, 2000, and the changes in its net assets available for plan
benefits for the period ended December 31, 2000, in conformity with accounting
principles generally accepted in the United States.

Arthur Andersen LLP

Detroit, Michigan,
April 26, 2001

F-2



---



GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN
STATEMENT OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
AS OF

|                                       |  |                   |       | 
|-------------------------------------- |  | ----------------- | ----- | 
|                                       |  | December 31, 2000 |      
|                                       |  |                   |      
|Assets                                
|                                      
|                                      
|                                      
|                                      
|Cash                                   |  | $                 | 3,186 | 
|                                       |  |                   |      
|Net Assets available for plan benefits |  | $                 | 3,186 | 
|                                       |  |                   |      

The accompanying notes are an integral part of this statement.

GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
FOR THE PERIOD ENDED

|                                                                   |                               |   |              |        | 
|------------------------------------------------------------------ | ----------------------------- | - | ------------ | ------ | 
|                                                                   |                               |   | December 31, |       
|                                                                   |                               |   | 2000         |       
|                                                                   |                               |   |              |       
|Additions to assets:                                              
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                   | Employee contributions        |   | $            | 36,849 | 
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|Deductions:                                                       
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                   | Distributions to participants |   |              | 33,663 | 
|                                                                   |                               |   |              |       
|Change in net assets available for plan benefits
during the period |                               |   | 3,186        |       
|Net Assets available for plan benefits at beginning
of period      |                               |   |             |       
|                                                                   |                               |   |              |       
|Net Assets available for plan benefits at end of period            |                               | $ | 3,186        |       
|                                                                   |                               |   |              |       

The accompanying notes are an integral part of this statement.

F-3



---



GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN





1. DESCRIPTION OF PLAN:



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The following brief
description of the Genomic Solutions Inc. 2000 Employee
Stock Purchase Plan (the Plan) is provided for general information purposes
only. Participants should refer to the Plan for complete information
regarding the Plans definitions, benefits, eligibility and other matters.                                                                                                                                                                                                                                                                                                                                                                                                                       
|
| | General                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|
| | The Plan was adopted by Genomic Solutions Inc. (the Company) in
February 2000, approved by the Companys stockholders in April 2000 and
reserves a total of one million shares of callable common stock or common
stock for use under the Plan. The Plan reserves callable common stock for
issuance during the period when PerkinElmer, Inc. has the right to cause the
Company to redeem its callable common stock. PerkinElmers right to cause
the Company to redeem its callable common stock terminated on April 18, 2001.
As a result, the shares reserved and issuable under the Plan are shares of
the Companys common stock.                                                                                       
|
| | The Plan is intended to encourage eligible employees of the Company and
its Subsidiaries to acquire or increase their ownership of common stock of
the Company on reasonable terms. The opportunity so provided is intended to
foster in participants a strong incentive to put forth maximum effort for the
continued success and growth of the Company and its Subsidiaries, to aid in
retaining individuals who put forth such efforts, and to assist in attracting
the best available individuals to the Company and its Subsidiaries in the
future. The Plan is intended to qualify as an employee stock purchase plan
under Section 423 of the Internal Revenue Code (the Code) of 1986, as
amended.                    
|
| | Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|
| | All Employees are eligible to participate in the Plan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|
| | Participation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|
| | An eligible employee may become a participant in the Plan by
completing, signing and submitting an enrollment form. On the first day of
an offering period each eligible employee who has elected to participate in
the purchase plan will be granted an option to purchase shares of common
stock as follows: the employee may authorize an amount (a whole percentage
from 1% to 10% of the employees regular pay) to be deducted from his pay
during the offering period. For this purpose, an employees regular pay
includes only straight time earnings. An employee may not make any
separate cash payments into his account nor may payments for shares be made
other than by payroll deduction. On the last day of the

F-4



---



GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN

NOTES TO FINANCIAL STATEMENTS

(continued)



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | offering period, the employee is deemed to have exercised the option, at the
option exercise price, to the extent of accumulated payroll deductions.
Promptly following the end of each offering period, the number of shares
purchased by each employee shall be deposited into an account established in
the employees name and the Company will issue to the employee a certificate
evidencing the shares purchased.                                                                                                                                                                                                                                                                                                   
|
| | If an employee is not a participant on the last day of the offering
period, the employee generally is not entitled to exercise any option, and
the amount of the employees accumulated payroll deductions will be
refunded. An employees rights under the Plan terminate upon voluntary
withdrawal from the Plan at any time, or generally when the employee ceases
employment for any reason. However, upon termination of employment because
of death, disability or retirement, the employee or the employees
beneficiary has specified rights to elect to exercise the option to purchase
as many shares as the payroll deductions in the participants account will
allow on the date of termination of employment.
|
| | The total number of employees participating in the Plan as of December
31, 2000 was 22.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|
| | Exercise Price                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|
| | Unless otherwise determined by the board of directors, shares are
purchased for accounts of employees participating in the Plan at a price per
share equal to the lesser of (a) eighty-five percent (85%) of the fair
market value of the shares on the relevant January 1st or July 1st, or (b)
eighty-five percent (85%) of the fair market value of the shares on the
following June 30th or December 31st, respectively.                                                                                                                                                                                                                                                                                               
|
| | Cancellation of Election to Purchase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|
| | An employee who has elected to purchase shares pursuant to any offering
made under the Plan may cancel his election in its entirety. Any such
cancellation shall be effective upon the delivery by the employee of written
notice of cancellation. The amount credited to the employees account at
the time the cancellation becomes effective may be, at the employees
option, (i) applied to the purchase of the number of shares such amount will
then purchase or (ii) returned to the employee.                                                                                                                                                                                                                     

F-5



---



GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN

NOTES TO FINANCIAL STATEMENTS

(continued)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



| |                                                                                                                                                                                   
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The financial statements of the Plan are presented on the accrual basis
of accounting in conformity with accounting principles generally accepted in
the United States of America.

3. BENEFITS PAYABLE



| |                                                                                                                                                                                                                                                                                                                            
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | As of December 31, 2000 there was $3,108 due employees who had
cancelled their election to purchase shares and requested to be reimbursed.
The $3,108 was withheld from employees during the offering period through
payroll deductions and is included in cash on the Statement of Net Assets
Available for Plan Benefits.

4. FEDERAL INCOME TAXES



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The Plan and the right of participants to make purchases thereunder are
intended to qualify under the provisions of Section 423 of the Code. Under
those provisions, no income will be taxable to a participant at the time of
the grant of the option or purchase of shares for federal income tax
purposes. However, a participant may become liable for tax upon dispositions
of shares acquired, and the tax consequences will depend on how long a
participant has held the shares prior to disposition.

5. ADMINISTRATION OF PLAN ASSETS



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Cash contributions to the Plan, through payroll deductions, are held by
the Company prior to the investment in Genomic Solutions Inc. Common Stock.
Certain administrative functions are performed by officers or employees of
the Company or Registrar. No such officers or employees receive compensation
from the Plan. All administrative expenses of the Plan are borne by the
Company. Promptly following the end of each offering termination date, the
number of shares purchased by each employee shall be deposited into an
account established in the Employees name. As soon as feasible after the
close of business on each offering termination date, the Company will issue
the Employee a certificate evidencing shares for which his payment has been
received.

F-6



---



GENOMIC SOLUTIONS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN

NOTES TO FINANCIAL STATEMENTS

(continued)

6. PLAN TERMINATION



| |                                                            
| | -----------------------------------------------------------
| | The Plan shall terminate under the following circumstances:



| | (a) |  | The Plan shall terminate ten (10) years from the
date the Plan becomes effective, and an option shall not be
granted under the Plan after that date although the provisions
of any option my be amended at any date prior to the end of its
term in accordance with the Plan. Any options outstanding at
the time of termination of the Plan shall continue in full
force and effect according to the terms and conditions of the
option and this Plan.
| | --- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | The board of directors may terminate the Plan as of
any offering termination date.                                                                                                                                                                                                                                                                                                                                                                     



| |                                                           
| | ----------------------------------------------------------
| | At this time, there is no intention to terminate the Plan.

F-7