VioQuest Pharmaceuticals, Inc. Effects One-for-Ten Reverse Stock Split

BASKING RIDGE, N.J.--(BUSINESS WIRE)--VioQuest Pharmaceuticals (OTCBB: VQPH) today announced that it has effected a one-for-ten reverse split of its common stock as of 12:01 a.m. EDT on April 25, 2008. Although the reverse split is effective, the company does not anticipate that the reverse split will be reflected in trading on the OTC Bulletin Board until next week, likely Monday, April 28, 2008, or Tuesday, April 29, 2008. The company will make a further announcement when it receives confirmation from Nasdaq of the effective date of the reverse split for trading purposes and the new ticker symbol.

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