AspenBio Pharma, Inc. Joins Russell Microcap Index

CASTLE ROCK, CO--(Marketwire - June 30, 2008) - AspenBio Pharma, Inc. (NASDAQ: APPY), an emerging bio-pharmaceutical company dedicated to the development of novel drugs and diagnostics for humans and animals, has joined the Russell Microcap Index. The company became a member of the Russell Investments family of U.S. indexes upon their official reconstitution, made effective as of the market open today.

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