New Ticker Symbol for Redpoint Bio Corporation

EWING, N.J.--(BUSINESS WIRE)--Redpoint Bio Corporation (OTCBB:RPBC) today announced that it has obtained a new ticker symbol, “RPBC”, on the OTC Bulletin Board, which will replace the previous ticker symbol, “RBCR”, effective as of the open of business on July 2, 2007. The new ticker symbol has been obtained as a result of the merger of Robcor Properties, Inc. with and into Redpoint Bio Corporation.

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