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Microcap & Penny Stocks : CELSION CORP. (CLN was CELN) UP $.33 TO $.59 ON HUGE NEWS -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brew who wrote (406)2/27/1999 2:39:00 AM
From: Basildon Bond  Read Replies (2) | Respond to of 518
 
Larry,

The 5.30 and 6.30 news on KSL-TV in Salt Lake City featured trials by Celsion at Mass. Gen. Hospital. Good piece, but spoke to the Dr. doing the trials and didn't focus much on Celsion. You can get it at ksl.tv.

I'm not adding until I get some details about the recent financing. Already there's an overhang of around 32 million warrants in the .25-.30 range, although some of these may have been/are being turned during the recent activity. In any event, sooner or later the shares out are going to be around 75 million at a minimum. I see a reverse split on the horizon..... or is that the sun coming up?

Basildon



To: Larry Brew who wrote (406)3/4/1999 9:41:00 AM
From: Dave Gore  Respond to of 518
 
Celsion Delivers BPH Treatment System for Development of a
Non-Invasive Temperature Monitoring Device

Business Wire - March 04, 1999 09:14

COLUMBIA, Md.--(BW HealthWire)--March 4, 1999--

-- Department of Health and Human Services Funds Project with $455,000 Grant --

Celsion Corp. (OTC BB:CELN) today announced that it delivered its patented benign prostatic hyperplasia (BPH)
treatment system to MMTC, Inc. of Princeton, NJ for use in the development of a second generation system. The project
is being funded by a $455,000 Small Business Innovation Research (SBIR) Phase II grant from the Department of Health
and Human Services (DHHS).

Research conducted under the grant is expected to create the optimum protocol and design for a non-invasive
temperature sensing device to monitor prostate temperatures. The device will be incorporated into Celsion's second
generation BPH system to provide enhanced real-time prostate temperature data, a desirable feature which is absent in all
other BPH thermotherapy systems on the market.

After work performed at MMTC, the system will be transported to the Montefiore Medical Center in Bronx, NY where
animal tests will be performed under the DHHS research grant.

MEASURING TEMPERATURE WITH MICROWAVE RADIOMETRY

CELN Chairman and Chief Scientific Officer Dr. Augustine Cheung said, "Our goal in enhancing the BPH system is to
offer a safe, effective, non-surgical treatment providing immediate relief and long-term symptom control of the urinary
obstruction condition often caused by BPH, an enlargement of the prostate gland which afflicts roughly 50% of men over
55.

"The availability of a real-time, non-invasive temperature measurement device would further enhance the safety and
efficacy of our BPH system by monitoring the temperature of the treated area to avoid overheating," Cheung added. "By
enabling the documentation of treatment dose and efficacy data, the system should allow physicians to create a data bank
in order to prescribe individually tailored treatments."

The temperature sensing device under development for inclusion in Celsion's second generation BPH system incorporates
a novel measurement principle based on microwave radiometry.

Celsion's existing system offers a dual modality approach for non-surgical management and treatment of BPH,
incorporating both balloon dilation and heat therapy. Preclinical studies in animals of the current first generation system
indicated that this unique approach should be capable of providing immediate symptomatic relief and long-term symptom
control.

BPH CLINICALS UNDERWAY AT MONTEFIORE MEDICAL CENTER

Clinical evaluations of the first generation system, which has an Investigational Device Exemption (IDE) from the Food
and Drug Administration (FDA), are underway at the Montefiore Medical Center in Bronx, NY to demonstrate clinical
efficacy in humans. Once the clinicals are completed, Celsion intends to bring its BPH treatment system to market abroad
and apply for FDA Premarket Approval (PMA) for commercialization in the U.S.

"Our current BPH system is positioned to notably expand the $9 billion worldwide market for BPH treatment by
encouraging more men to seek treatment, especially those with moderate symptoms," stated CELN President and CEO
Spencer Volk. "We expect the current clinical studies to confirm the 'walk-in be treated, walk-out with total relief' nature
of our out-patient BPH system. Once the accuracy of the new temperature sensing device is verified in animals, we will
include that capability in our BPH treatment system."

ABOUT CELSION

In addition to its BPH treatment system, under an FDA IDE Celsion is preparing to conduct clinicals of its breast cancer
treatment system to demonstrate that focused heat alone safely and effectively ablates tumors. Celsion's research is
concentrated on designing focused heat systems to treat additional cancers.

Celsion Corporation is a research and development company dedicated to commercializing medical treatment systems for
cancer and BPH using focused heat delivered by patented microwave technology. Clinicals and further development of
the Company's treatment systems are being conducted by leading institutions such as the Massachusetts Institute of
Technology, Massachusetts General Hospital, Montefiore Medical Center, and Duke University.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, possible changes in cost of materials, expense items, capital expenditures,
capital structure, and other financial items; introduction of new products and possible acquisitions of assets or businesses;
possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in
the Company's periodic reports filed with the Securities and Exchange Commission.

CONTACT: Celsion Corporation OTC Financial Network
John Mon Geoffrey Eiten
(410) 290-5390 (888) 399-7541 / (781) 444-6100
www.celsion.com www.otcfn.com/celn