SOURCE: CryoPort, Inc.

May 07, 2008 09:28 ET

CryoPort, Inc. Has Begun an Extreme Conditions Pilot Shipping Program for Leading Global Diagnostic Testing Company

Shipment Will Travel From India to Europe

LAKE FOREST, CA--(Marketwire - May 7, 2008) - CryoPort, Inc. (OTCBB: CYRX) today announced that it has begun an extreme condition pilot shipping program for a leading global diagnostic testing company.

The shipment will travel from India to Europe and will be handled by Federal Express.

Peter Berry, CEO of CryoPort, commented, "This is a unique opportunity to show how our CryoPort Express™ Shipper will handle an extreme temperature environment. India is becoming a hot bed of clinical trial activity for CROs, biotechs and pharmaceutical companies. Demonstrating our product successfully will open up significant opportunities for us."

This pilot program will contain live samples. It will be the first time that the shipper will be subjected to tropical type heat and humidity.

Peter Berry, continued, "Shipping clinical samples to and from India poses a number different obstacles for our customers. Not only do they have to contend with potentially very high heat and humid conditions, but logistically speaking it's a very diverse environment. We believe that we can overcome these obstacles for our customers and demonstrate the ease and simplicity of using our Express Shipper."

To be added to the CryoPort Investor email list, please email edward@carpedminc.com with CYRX in the subject line.

About CryoPort, Inc.

CryoPort (www.cryoport.com) develops leading edge, proprietary, technology-driven shipping and storage products for use in the rapidly growing global biotechnology and biopharmaceutical cold chain. The products developed by CryoPort are essential components of the infrastructure required for the testing, research and end user delivery of temperature-sensitive medicines and biomaterials in an increasingly complex logistical environment.

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This press release contains forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

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