May 12, 2005 (Press Release) --
CryoPort Updates Shareholders on Development of Disposable Cryogenic Shipper
CryoPort, Inc. (OTC.PK: CYRX) announced today new information regarding the development of its one-way, one time use, disposable cryogenic shipper. Initially, this revolutionary new shipper was not expected to be ready for client use until the spring of 2006, with clinical trials commencing during the summer of 2006. However, due to an accelerated R&D schedule as the result of additional funding, the development stage of the "phase one" shipper is now complete. Prototype models of the new disposable cryogenic shipper are scheduled to be made available to select clients as early as July 2005.
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CryoPort, Inc. (OTC.PK: CYRX) announced today new information regarding the development of its one-way, one time use, disposable cryogenic shipper. Initially, this revolutionary new shipper was not expected to be ready for client use until the spring of 2006, with clinical trials commencing during the summer of 2006. However, due to an accelerated R&D schedule as the result of additional funding, the development stage of the "phase one" shipper is now complete. Prototype models of the new disposable cryogenic shipper are scheduled to be made available to select clients as early as July 2005.
Disclaimer: www.investorideas.com/about/disclaimer
Full News: www.investorideas.com/Companies/ViewDocument.asp?ID=2978

CryoPort Updates Shareholders on Development of Disposable Cryogenic Shipper
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