NEW YORK, May 24, 2006 (PRIMEZONE) -- Manhattan Pharmaceuticals, Inc. (AMEX:MHA - News) today announced that Douglas Abel, president and chief executive officer of Manhattan Pharmaceuticals, Inc. will be presenting a company update at the Friedman Billings Ramsey 2006 Growth Investor Conference on Wednesday, May 31 from 3:00pm-3:40pm EDT. The conference is being held May 31-June 1, 2006 at the Grand Hyatt New York in New York City. To access the live audio webcast for this presentation please go to http://www.wsw.com/webcast/fbr15/mha/ approximately 15 minutes prior to the presentation in order to register and download any necessary software. A replay of the audio presentation will be available following the event at http://www.manhattanpharma.com.