Nephros Inc. Reports Departure of Director

NEW YORK, NY -- (MARKET WIRE) -- May 23, 2007 -- Nephros, Inc. (AMEX: NEP) today announced that, on May 22, 2007, Dr. Bernard Salick submitted his resignation from the Company's Board of Directors (the "Board") effective immediately to pursue other business interests. Dr. Salick had no disagreements with the Company on any matters related to the Company's operations, policies or practices.

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