LAKE FOREST, CA--(Marketwire - August 26, 2009) - CryoPort Systems, Inc. (OTCBB: CYRX) today
announced successful testing and implementation of an automated data logger
that tracks the internal and external sample temperatures.
The data logger provides another enhancement to the CryoPort Express™
Shipping System that already has a significant advantage with its long
holding times over short term dry ice shipments. By providing the
temperature data during transport, customers can be assured that their
samples will have arrived with constant temperatures during shipment. In
addition, the long holding time of the CryoPort Express shipper of 10+ days
of frozen integrity give this innovative solution a significant advantage
of the standard today of dry ice.
Larry Stambaugh, CEO of CryoPort, stated, "We have been working with a well
known biotechnology company on the application of the data logger and they
have been extremely pleased with the results of its use. The ease and
utility of this addition is a major improvement in the frozen shipping
market."
Bret Bollinger, VP of Operations, stated, "The data logger provides us a
unique tool that takes the safety and security of shipments to the next
level. Customers will no longer have to rely on potentially inaccurate data
from probes placed at several locations in a dry ice box. We believe that
the integrity of our shipments are well maintained and can be proven."
About CryoPort, Inc.
CryoPort (www.cryoport.com) is commercializing proprietary,
technology-driven shipping products for use in the rapidly growing global
biotechnology and biopharmaceutical cold chain. The products developed by
CryoPort are essential components of the infrastructure required for the
clinical testing, research and end user deliver of temperature-sensitive
medicines and biomaterials in an increasingly complex logistical
environment.
SAFE HARBOR
This press release contains forward-looking statements. The words
"estimate," "possible" and "seeking" and similar expressions identify
forward-looking statements, which speak only as to the date the statement
was made. The company undertakes no obligation to publicly update or revise
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events, or otherwise. Forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted, or quantified.
Future events and actual results could differ materially from those set
forth in, contemplated by, or underlying the forward-looking statements.
The risks and uncertainties to which forward-looking statements are subject
include, but are not limited to, the effect of government regulation,
competition and other material risks.
