Dual-specificity protein phosphatases (DSPs) dephosphorylate proteins at Se
r/Thr and Tyr. FYVE domain is a double zinc finger motif which specifically
binds phosphatidylinositol(3)-phosphate. Here, we report a novel dual spec
ificity phosphatase that contains a FYVE domain at the C-terminus. We desig
nate the protein FYVE-DSP1. Molecular cloning yielded three isoforms of the
enzyme presumably derived from alternate RNA splicing. Sequence alignment
revealed that the catalytic phosphatase domain of FYVE-DSP1 closely resembl
ed that of myotubularin, while its FYVE domain has all the conserved amino
acid residues found in other proteins of the same family. Recombinant FYVE-
DSP1 is partitioned in both cytosolic and membrane fractions. it dephosphor
ylates proteins phosphorylated on Ser, Thr, and Tyr residues and low molecu
lar weight phosphatase substrate para-nitrophenylphosphate. It shows typica
l characteristics of other DSPs and protein tyrosine phosphatases (PTPs). T
hese include inhibition by sodium vanadate and pervanadate, pH dependency,
and inactivation by mutation of the hey cysteinyl residue at the phosphatas
e signature motif. Finally, PCR analyses demonstrated that FYVE-DSP1 is wid
ely distributed in human tissues but different spliced forms expressed diff
erently, (C) 2000 Academic Press.