SOURCE: CryoPort, Inc.

September 11, 2007 17:42 ET

CryoPort Now Listed on OTC Bulletin Board

BREA, CA--(Marketwire - September 11, 2007) - CryoPort, Inc. (OTCBB: CYRX) today announced its market maker, Spartan Securities Group, Ltd., of Boca Raton, Florida, has successfully completed the 15c211 process with FINRA. Effective September 11, 2007, the Company's shares are listed on the OTC Bulletin Board. Shareholders may now find CryoPort, Inc.'s listing under the trading symbol CYRX.OB.

Peter Berry, CryoPort's CEO, commented, "As a fully reporting company, the successful listing on the OTC Bulletin Board is a significant step in CryoPort's intention to eventually move to a more senior exchange at the appropriate time. We see the listing adding shareholder value as we continue to diligently execute our business plan and ramp up for the introduction of the CryoPort Express® One-Way Shipper System."

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.

"SAFE HARBOR"

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.

Contact Information

  • Investor Relations:
    CryoPort, Inc.
    714-256-6105