Pressure BioSciences, Inc. Announces the Exercise of 100% of the Company’s Remaining 15-Month Preferred Stock Purchase Warrants: Company Receives an Additional $1,229,650

SOUTH EASTON, Mass., April 28, 2010 (GLOBE NEWSWIRE) -- Pressure BioSciences, Inc. (Nasdaq:PBIO) (“PBI” or the “Company”) today announced that it has received $1,229,650 from the exercise of 98,372 15-Month Preferred Stock Purchase Warrants (the “15-Month Warrants”). The exercises represent 100% of all outstanding and unexercised 15-Month Warrants that could be exercised after the March 30, 2010 Warrant call, and that were not held by affiliates of the Company (as defined in the 15-Month Warrants).

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