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Microcap & Penny Stocks : Cryogenic Solutions Inc. (CYGS)

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To: G.P. who wrote (3699)7/28/1999 9:29:00 AM
From: G.P.  Read Replies (1) of 4028
 
Wednesday July 28, 8:19 am Eastern Time
Company Press Release
Cryogenic Solutions Inc. Files Form 10-SB with SEC to Become a Reporting Company
HOUSTON--(BUSINESS WIRE)--July 28, 1999--Cryogenic Solutions Inc. (OTC BB:CYGS) has voluntarily filed a Form 10-SB Registration Statement with the United States Securities And Exchange Commission. The Company will also send all required Material Requests to the National Association of Securities Dealers Inc. (NASD) in order to comply with the January 1999 SEC approved OTC Bulletin Board Eligibility Rule.

''We are eager to comply with all regulatory agencies as we pursue the development and commercialization of our ssDNA Expression Vector,'' said Lawrence Wunderlich, Vice President of Finance for CYGS. ''This signifies another important step in the growth of the Company. We are committed to building shareholder value.''

CYGS has exclusive rights to the ssDNA vector technology developed by Dr. Charles Conrad of InGene Inc. The ssDNA vector can synthesize sequence specific single strands of DNA in vivo with or without flanking regions. This ability makes the ssDNA vector a most promising technology for overcoming the delivery barrier to an effective antisense gene therapy.

This release contains forward-looking statements and is made under the protections afforded by the Securities Litigation Reform Act of 1995. Anyone who does not understand the overall antisense biotechnology referenced in this document or the significance of the specific CYGS technology is discouraged from investing in this company.

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Contact:

Cryogenic Solutions Inc., Houston
Dell Gibson, 713/780-1399
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