To: Frederick Langford who wrote (36744 ) 10/23/2001 10:43:14 AM From: Frederick Langford Respond to of 37746 Cepheid Schedules Third Quarter 2001 Financial Results and Conference Call /FROM PR NEWSWIRE SAN FRANCISCO 415-543-7800/ TO BUSINESS AND TECHNOLOGY EDITORS: Cepheid Schedules Third Quarter 2001 Financial Results and Conference Call SUNNYVALE, Calif., Oct. 16 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) announced plans to release its third quarter 2001 results on Tuesday, October 23, 2001 after the close of market. In conjunction with the release, management will host a conference call the same day at 4:30 p.m. (Eastern). The call will be simultaneously broadcast over the Internet. Interested participants may listen to a live webcast of the call on the investor relations section of Cepheid's web site at www.Cepheid.com. Web participants are encouraged to go to the web site at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. Listening to the webcast requires speakers and RealPlayer(TM) software, downloadable free at www.real.com. Those without web access may contact Cepheid at 408-541-4191 for dial-in instructions to access the call. During the call, Cepheid's Chairman and CEO, Tom Gutshall and Chief Financial Officer, Cathy Smith will discuss the third quarter operating results and other business matters. After the live webcast, the call will remain available on Cepheid's website www.Cepheid.com, though October 30, 2001. Cepheid, based in Sunnyvale, Calif., is commercializing its I-CORE(R) technology as the preferred platform for rapid, on-site detection of DNA -- the universal biological identifier -- for scientific, medical and industrial applications. Sold directly and through its global network of partners, its Smart Cycler(R) family of products provides researchers with quantitative DNA analysis in real time, simultaneously supporting multiple users and protocols on a single instrument with results in less than 30 minutes. Enabling time-critical DNA test results at the point of need, Cepheid's next-generation GeneXpert(TM) system provides the first automated integration of all the steps required to detect DNA from complex biological specimens -- sample preparation, amplification and detection. Cepheid, I-CORE, Smart Cycler and GeneXpert are registered trademarks of Cepheid. Fred