Threshold Pharmaceuticals, Inc. Announces Presentations and Webcasts at Two Upcoming Investor Conferences

SOUTH SAN FRANCISCO, CA--(Marketwire - August 29, 2012) - Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) today announced that corporate presentations will be webcast during two upcoming investor meetings: Stifel Nicolaus 2012 Healthcare Conference in Boston and NewsMakers in the Biotech Industry in New York.

Barry Selick, Ph.D., Threshold’s Chief Executive Officer, will provide an overview of the company at the Stifel Nicolaus 2012 Healthcare Conference on Wednesday September 5 at 10:20 a.m. Eastern Time and at the BioCentury NewsMakers conference on Friday September 7 at 10:30 a.m. Eastern Time.

A live webcast of each presentation will be available under Webcasts in the Investors section of www.thresholdpharm.com. A replay of the presentation will be archived on the site for 30 days.

About Threshold Pharmaceuticals
Threshold is a biotechnology company focused on the discovery and development of drugs targeting tumor hypoxia, the low oxygen condition found in microenvironments of most solid tumors as well as the bone marrows of some hematologic malignancies. This approach offers broad potential to treat a variety of cancers. By selectively targeting tumor cells, Threshold is building a pipeline of drugs that hold promise to be more effective and less toxic to healthy tissues than conventional anticancer drugs. For additional information, please visit www.thresholdpharm.com.

Forward-Looking Statements
Except for statements of historical fact, the statements in this press release are forward-looking statements, including statements regarding Threshold’s product candidates, and their potential therapeutic uses and benefits. These statements involve risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Threshold’s ability to enroll or complete its anticipated clinical trials, the time and expense required to conduct such clinical trials and analyze data, issues arising in the regulatory or manufacturing process and the results of such clinical trials (including product safety issues and efficacy results). Further information regarding these and other risks is included under the heading “Risk Factors” in Threshold’s Quarterly Report on Form 10-Q, which has been filed with the Securities and Exchange Commission on August 6, 2012 and is available from the SEC’s website (www.sec.gov) and on our website (www.thresholdpharm.com) under the heading “Investors.” We undertake no duty to update any forward-looking statement made in this news release.