Press Releases
CryoPort, Inc. Added to the Ludlow Biotech Index
Lake Forest, CA--(April 18, 2008)--CryoPort, Inc. (OTC BB:CYRX.OB - News), a company developing leading edge, proprietary, technology-driven shipping and storage products for use in the rapidly growing global biotechnology and biopharmaceutical cold chain, today announced that the company has been added as a component of the Ludlow Biotech Index http://www.ludlowcapital.com/indices/biotech/historic/.
“We are pleased to include CryoPort, Inc. in the Ludlow Biotech Index,” stated Thomas J. Latino, PhD, head of equity research at Ludlow BioVentures, Inc. “CYRX's successful international shipment of clinical samples on behalf of Quest Diagnostics proves the company has completed a successful transition from a early stage developmental company to one that is a commercial enterprise with a growing base of clients. Ludlow BioVentures believes Cryoport will continue to expand the market for its CryoPort Express™ Shipper system throughout 2008 and this makes CYRX an attractive addition to our index.”
About Ludlow Biotech Index
The Ludlow Biotech Index tracks a basket of top US traded biotechnology stocks. The Index provides both institutional and individual investors a gauge for tracking the day-to-day performance of the biotechnology sector. The index is designed for investors who have a long-term bullish outlook on the biotech market. The Ludlow Biotech Index is owned and operated by Ludlow BioVentures, Inc., based in New York City. www.ludlowcapital.com/bioventures/
To be added to CryoPort’s investor list, please email: edward@carpedminc.com
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: Stuart Fine
Carpe DM, Inc.
908-469-1788
stuart@carpedminc.com
Thomas Latino, PhD
Ludlow BioVentures
Phone: (201) 245-4278
Email: tlatino@ludlowcapital.com