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Advanced Life Sciences Selected as Founding Member of the New NASDAQ OMX AeA Illinois Tech Index
Date:5/22/2008

CHICAGO, May 22 /PRNewswire-FirstCall/ -- Advanced Life Sciences Holdings, Inc. (Nasdaq: ADLS), a biopharmaceutical company engaged in the discovery, development and commercialization of novel drugs in the therapeutic areas of infection, cancer and respiratory diseases, today announced that it was selected as a founding member of the new NASDAQ OMX AeA Illinois Tech Index (Nasdaq: ILTI), which was launched on May 19. The only existing statewide public technology index in the U.S., the ILTI tracks the performance of publicly held technology companies, including NASDAQ, NYSE and Amex companies, that are headquartered in Illinois.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080218/ALSLOGO)

This new index is a public-private partnership developed with the Illinois Department of Commerce and Economic Opportunity, Grant Thornton LLP, Baker & McKenzie and the Illinois Biotechnology Industry Organization (iBIO). The ILTI is designed to measure the health and growth of the state's tech economy by tracking the leading public technology companies from major sectors including life sciences, high tech manufacturing and information technology.

"We are pleased and honored to be selected as a founding member of the NASDAQ OMX AeA Illinois Tech Index," said Michael T. Flavin, Ph.D., chairman and chief executive officer of Advanced Life Sciences. "Our inclusion in the ILTI will help to increase our visibility to a larger group of inst
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SOURCE Advanced Life Sciences Holdings, Inc.
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