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Redpoint Bio Announces Interview with WallSt.net
Ewing, New Jersey, August 15, 2007 – Redpoint Bio Corporation (OTCBB: RPBC), a company developing compounds to improve the taste of pharmaceutical, food and beverage products, today announced that Chief Executive Officer, Ray Salemme, Ph.D., will be conducting an interview with WallSt.net on Thursday, August 16, 2007.
Those wishing to access the interview may do so on Friday, August 17, 2007, by visiting http://www.wallst.net, and clicking on "Interviews." The interview can be accessed either by locating the Company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the Company's ticker symbol in the Search Archive window.
About Redpoint Bio Redpoint Bio is leveraging recent discoveries in the molecular biology of taste to discover and develop novel taste enhancers and aversive taste blockers for the food, beverage and pharmaceutical industries. Redpoint Bio's food and beverage program is focused on identifying flavor enhancers that improve the taste of existing ingredients, reduce the need for excess sugar and salt, and contribute to the development of healthier, better-tasting foods and beverages. The pharmaceutical program uses a biochemical approach aimed at suppressing the bitterness of medicines, which has the potential to expand the range of formulation options and increase patient compliance. For more information, please visit the Company's website at www.redpointbio.com.
Safe Harbor Statement In addition to historical facts or statements of current condition, this press release contains forward-looking statements within the meaning of the "Safe Harbor" provisions of The Private Securities Litigation Reform Act of 1995. Forward-looking statements provide the Company's current expectations or forecasts of future events. The Company's performance and financial results could differ materially from those reflected in these forward-looking statements due to among other factors, uncertainty inherent in the discovery phase of technological development, any efforts by third parties to invalidate or limit any patents, the marketplace acceptance of its products, the decisions of regulatory authorities, the results of clinical trials and general financial, economic, regulatory and political conditions affecting the food, biotechnology and pharmaceutical industries generally. Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. The Company undertakes no obligation to update publicly any forward-looking statement. You should review the "Risk Factors" section set forth in the Company's SEC filings, including the most recent quarterly report on Form 10-Q, for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained herein.
CONTACT AT: Redpoint Bio: Scott Horvitz Chief Financial Officer (609) 637-9700, ext. 207 shorvitz@redpointbio.com At Rx Communications Group (for Redpoint Bio): Melody Carey (investors): (917) 322-2571 Paula Schwartz (investors): (917) 322-2216 Tina Posterli (media): (917) 322-2565
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