Vermillion Completes Name Change From Ciphergen Biosystems
August 27 2007 - 7:00AM
PR Newswire (US)
-- Stock to Trade Today Under New Nasdaq Symbol: VRML -- FREMONT,
Calif., Aug. 27 /PRNewswire-FirstCall/ -- Vermillion, Inc. today
announced that it has completed its previously announced name
change from Ciphergen Biosystems, Inc. (NASDAQ:CIPH). Today at
market open, the trading symbol for Vermillion's common stock on
the NASDAQ Capital Market will change to VRML. "Our new name
reflects health, life and passion, as well as our commitment to
becoming a leading provider of high-value diagnostics tests that
help physicians diagnose, select appropriate treatments and improve
outcomes for patients," said Gail S. Page, President and CEO of
Vermillion, Inc. No change of stockholder certificates is required
and all current certificates in the name of Ciphergen Biosystems
will remain valid for future transfers. About Vermillion, Inc.
Vermillion, Inc. (formerly Ciphergen Biosystems, Inc.) is dedicated
to the discovery, development and commercialization of novel
high-value diagnostic tests that help physicians diagnose, treat
and improve outcomes for patients. Vermillion, along with its
prestigious scientific collaborators, has ongoing diagnostic
programs in oncology/hematology, cardiology and women's health with
an initial focus in ovarian cancer. Based in Fremont, California,
more information about Vermillion can be found on the Web at
http://www.vermillion.com/. Forward-Looking Statements This press
release contains "forward-looking" statements regarding Vermillion
(formerly Ciphergen), including statements with respect to the
anticipated closing of the private placement. Any statements
contained in this press release that are not historical facts may
be deemed to be forward- looking statements. The words "will,"
"expected," "intends" or similar expressions are intended to
identify forward-looking statements. There are a number of
important factors that could cause Vermillion's results to differ
materially from those indicated by these forward- looking
statements, including risks associated with the satisfaction of the
conditions to the closing of the private placement, as well as
other risks detailed from time to time in Vermillion's SEC reports,
including its Quarterly Report on Form 10-Q for the quarter ended
June 30, 2007. Vermillion does not undertake any obligation to
update forward-looking statements. You are encouraged to read
Vermillion's reports filed with the U.S. Securities and Exchange
Commission, available at http://www.sec.gov/. DATASOURCE:
Vermillion, Inc. CONTACT: Sue Carruthers, Investor Relations of
Vermillion, Inc., +1-510-505-2233; or Daryl Messinger of WeissComm
Partners, +1-415-946-1062 Web site: http://www.vermillion.com/
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