SAN DIEGO, CA--(Marketwire - May 06, 2008) - Cypress Bioscience, Inc. (NASDAQ: CYPB) today announced that Dr. Srinivas G. Rao, its Chief Scientific Officer, will be participating in a panel presentation on May 8th at 2:30 pm Eastern Time at The Neurotech Industry Investing & Partnering Conference being held at the Westin Copley Place in Boston, MA. This conference will focus on advances in drugs, devices and diagnostics for the brain and nervous system.