LAKE FOREST, Calif., May 22, 2014 /PRNewswire/ -- Cryoport, Inc. (OTCBB: CYRX) ("the Company") announced today that it will be a featured presenter at the 3rd Annual Marcum MicroCap Conference on Thursday, May 29, 2014 held at the Grand Hyatt Hotel in New York City.
Jerrell Shelton, CEO of Cryoport, is scheduled to speak at 9 AM EDT. Mr. Shelton will be discussing the Company's progress and future growth strategy for its advanced, leading-edge cryogenic logistics solutions for the life sciences industry. Cryoport recently announced net revenue growth of 142% to $2.7 million for the year ended March 31, 2014, as compared to $1.1 million for the same period last year. The increase was primarily driven by Cryoport's Integrated Solution and overall growth in the number of customers using Cryoport Express® Solutions.
Mr. Shelton commented, "Over the past year we have delivered on our key goals and reported triple digit growth for four consecutive quarters. We have been able to quickly scale the business while also increasing our profitability. At the Marcum conference, we hope to share more details about our company and its role in the life sciences industry."
The annual Marcum MicroCap Conference is a signature showcase for superior quality, under-followed public companies with less than $500 million in market capitalization.
For more information or to register, please visit the conference website at http://www.marcumllp.com/microcap or download the free official conference app for the iPhone, iPad, or for Android mobile devices in Apple's App Store and the Google Play Market.
Cryoport provides leading edge cryogenic logistics solutions to the life sciences industry through the combination of purpose-built proprietary packaging, advanced information technology and highly skilled logistics expertise which manages the entire cold chain logistics process. Cryoport Express® liquid nitrogen dry vapor shippers are validated to maintain a constant -150°C temperature for a 10-plus day dynamic shipment duration, and its Cryoportal Logistics Management Platform assists in managing the entire logistics process, including initial order input, document preparation, customs clearance, courier management, shipment tracking, issue resolution, and delivery. Cryoport's total turnkey logistics solutions offer reliability, cost effectiveness, and convenience, while the use of recyclable and reusable components provides a "green" and environmentally friendly solution. Cryoport service options include recording the "chain of condition" and "chain of custody" for all shipments thereby meeting the exacting requirements for scientific work and for regulatory purposes. For more information visit www.cryoport.com.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; MarcumBuchanan Associates LLC; and Marcum Cronus Partners LLC. For more information, visit www.marcumllp.com.
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SOURCE Cryoport, Inc.