Penwest Pharmaceutical to Present At Upcoming Conferences

DANBURY, Conn., May 6, 2008 (PRIME NEWSWIRE) -- Penwest Pharmaceuticals Co. (Nasdaq:PPCO) today announced that Ms. Jennifer L. Good, President and Chief Executive Officer, will be presenting at the Bank of America 2008 Healthcare Conference on Wednesday, May 14, 2008 at the Four Seasons Hotel, Las Vegas, Nevada. Ms. Good will be giving a presentation on the Company at 10:00 am MDT. A break out session will follow. A live and on-demand webcast of Ms. Good’s presentation will be available in the Investor Relations section of the Company’s website or by logging on http://www.veracast.com/webcasts/bas/healthcare08/id33204528.cfm.

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