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CYTOMEDIX JOINS THE ACUTE LONG
TERM HOSPITAL ASSOCIATION (ALTHA) AS AN ALLIED MEMBER
Company to Exhibit at
ALTHA’s Spring Meeting May 14-16, 2008
Rockville, MD, May 14, 2008 – Cytomedix, Inc. (AMEX:
GTF), today announced that it has joined
the Acute Long Term Hospital Association (ALTHA) as a Silver member and will be exhibiting during
the upcoming conference in Baltimore, MD, May 14-16. ALTHA is the Washington based trade
association of Long Term Acute Care Hospitals (LTACs) and represents over 300 of the LTAC
hospitals nationwide. ALTHA plays an important role protecting patient access to quality long term
hospital care.
“Given the importance of LTACs to our strategy, ALTHA represents a significant opportunity to
create and reinforce relationships with the clinicians and executives who manage this provider
segment,” said David Hotchkiss, VP Sales and Marketing for Cytomedix, Inc. “We offer a significant
value proposition to the LTAC providers by allowing them to manage chronic wound conditions in
their patients cost effectively.”
Long Term Acute Care Hospitals are often referred to as specialty hospitals, or a hospital-inhospital.
They are designed for patients whose condition is too acute for a nursing home or home
care. Often patients will be admitted to an LTAC until their condition is improved enough for less
costly extended care. Many LTAC patients also have challenging chronic ulcers that can delay or
prevent discharge.
“We look forward to participating with ALTHA and to a continuing relationship with the membership,”
said Kshitij Mohan, Ph.D., Chairman and Chief Executive Officer of Cytomedix, Inc. “Our value
proposition involves our AutoloGel™ System, and provides for demonstrating this unique wound
management system utilizing platelet rich plasma (PRP) gel for use in a wide variety of exuding
wounds, including diabetic ulcers, leg ulcers and pressure ulcers and other surgically or
mechanically debrided wounds.”
ABOUT CYTOMEDIX
Cytomedix, Inc. is a biotechnology company specializing in processes and products derived from
autologous platelet releasates for use on wounds and other applications. The current offering is the
AutoloGel™ System, a process that utilizes an autologous platelet gel composed of multiple growth
factors, other platelet releasates, and fibrin matrix. Additional information regarding Cytomedix is
available at: http://www.cytomedix.com.
SAFE HARBOR STATEMENT
Statements contained in this press release not relating to historical facts are forward-looking
statements that are intended to fall within the safe harbor rule for such statements under the Private
Securities Litigation Reform Act of 1995. The information contained in the forward-looking
statements is inherently uncertain, and Cytomedix's actual results may differ materially due to a
number of factors, many of which are beyond Cytomedix's ability to predict or control, including
among others, the success of new sales initiatives, governmental regulation, acceptance by the
LTAC medical community, and the competition.
These forward-looking statements are subject to known and unknown risks and uncertainties that
could cause actual events to differ from the forward-looking statements. More information about
some of these risks and uncertainties may be found in the reports filed with the Securities and
Exchange Commission by Cytomedix, Inc. Except as is expressly required by the federal securities
laws, Cytomedix undertakes no obligation to update or revise any forward-looking statements,
whether as a result of new information, changed circumstances or future events or for any other
reason. |
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