SOURCE: Radient Pharmaceuticals Corporation

Radient Pharmaceuticals Corporation

September 26, 2011 10:32 ET

Radient Pharmaceuticals Signs Agreement With TS Pharm to Launch and Distribute Onko-Sure® in Central America and the Caribbean

TUSTIN, CA--(Marketwire - Sep 26, 2011) - Radient Pharmaceuticals Corporation ("the Company" or "Radient") (OTCQX: RXPC) (PINKSHEETS: RXPC), a developer and marketer of In Vitro Diagnostic (IVD) cancer tests, today announced it has signed a Regional Distributor Partner Agreement with Irvine-based TS Pharm, Inc.

In accordance with the Agreement, TS Pharm will market and sell Onko-Sure® in Central American and Caribbean nations including: Antigua, Aruba, Bahamas, Barbados, Belize, Bermuda, Cayman Islands, Costa Rica, Curacao, Netherland Antilles, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Panama, and Trinidad & Tobago.

TS Pharm has been in business 10 years supplying pharmaceuticals and diagnostics, including oncology products into Central America and the Caribbean. The company has well-established distribution channels and represents products from dozens of healthcare companies across the world. For more information please visit www.tspharm.com.

"I am very happy to be representing Onko-Sure® in the Central American and Caribbean markets and supporting better healthcare for the people of these territories," stated TS Pharm CEO, Dr. Taher Sheybani.

"With this agreement, we are making Onko-Sure® available in additional new markets. TS Pharm has a unique strength in this collective market of 18 nations. We look forward to building a growing base of usage and demand for Onko-Sure® in Central America and the Caribbean," stated Radient Chairman and CEO Douglas MacLellan.

For additional information on Radient Pharmaceuticals Corporation and its products visit: www.radient-pharma.com or e-mail info@radient-pharma.com. For Investor Relations contact Dilek Mir at: ir@radient-pharma.com or 714-881-0244.

The following table is intended to provide the latest information on Radient's business metrics:

RPC's Business Metrics
Cash on hand: $415,000*
*Approximate amount as of September 23, 2011
Shares Outstanding: 547 million*
*Approximate number as of September 23, 2011.
750 million shares authorized.
Outstanding Warrants & Options: 111 million*
*Approximate number as of September 23, 2011

About Radient Pharmaceuticals:
Headquartered in Tustin, California, Radient Pharmaceuticals Corporation is dedicated to saving lives and money for patients and global healthcare systems through the deployment of its FDA-cleared In Vitro Diagnostic Onko-Sure® cancer test kit for colorectal cancer treatment and recurrence monitoring. The Company's focus is on the discovery, development and commercialization of unique high-value diagnostic tests that will help physicians answer important clinical questions related to early disease state detection, treatment strategy, and the monitoring of disease progression or recurrence. To learn more about our company, products, and potentially life-saving cancer test, visit www.radient-pharma.com.

Forward-Looking Statements:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products, and prices. With respect to Radient Pharmaceuticals Corporation, except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.