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AspenBio Pharma to Present the Edgewater Research Investor Conference
Date:10/4/2007

Presentation to Include the Recently Released Strong Results from the Latest Pre-FDA Multi-Hospital Study using the AppyScore Human Appendicitis

Blood- based Screen / Triage Test

CASTLE ROCK, Colo., Oct. 4 /PRNewswire-FirstCall/ -- AspenBio Pharma, Inc. (Nasdaq: APPY) an emerging bio-pharmaceutical company dedicated to the development of novel drugs and diagnostics for animals and humans, has been invited to present at the Edgewater Research Investor Conference, scheduled for October 10-11, 2007 at The Ventana Canyon Resort in Tucson, Arizona.

AspenBio Pharma president and CEO, Richard Donnelly, is scheduled to present on Wednesday, October 10, at 8:15 AM MST.

The presentation will include a discussion on the recently announced strong results from the latest pre-FDA multiple-hospital study using its AppyScore human appendicitis screen and triage blood test. The sensitivity of the screen test was 98% in the large study. The study also demonstrated that a significant percentage of CT scans could potentially be avoided leading to important patient health, medical utility and cost benefits. The study showed 58% of unnecessary surgeries could have been avoided, which also further exemplifies how this new appendicitis screen testing concept can provide exciting new capabilities and benefits for emergency medicine. The high level of sensitivity also means the test could reduce the risk of sending patients home because of a false negative diagnosis.

About EdgeWater Research Partners, LLC.

EdgeWater Research Partners is an independent micro cap equities research company representing the research of David Lavigne. EdgeWater follows a number of undiscovered small and micro cap stocks through both individual research and its monthly publication, The EdgeWater Micro Monthly. EdgeWater's research is distributed to its subscriber base, and is also available on a piece by piece basis on its website, http://www.edgewaterresearch.com.

About AspenBio Pharma, Inc.

AspenBio Pharma is an emerging bio-pharmaceutical company dedicated to the discovery; development, manufacture, and marketing of novel proprietary products, including those that enhance the reproductive efficiency of animals and that have large worldwide market potential. The company was originally formed to produce purified proteins for diagnostic applications and has become a leading supplier of human hormones to many of the nation's largest medical diagnostic companies and research institutions. The company has successfully leveraged this foundational science and technology expertise to rapidly develop an enviable late-stage pipeline of several novel reproduction hormone analogs for wide-ranging therapeutic use initially in bovine and equine species. AspenBio Pharma continues to advance the development and testing of its two first-generation blood-based human diagnostic tests designed to rapidly help diagnose or rule out appendicitis in patients complaining of abdominal pain. For more information, please visit: http://www.aspenbiopharma.com.

For more information contact

AspenBio Pharma, Inc.

Gregory Pusey, Chairman

Tel 303-722-4008

Investor Relations

Liolios Group, Inc.

Scott Liolios or Ron Both

Tel 949-574-3860


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SOURCE AspenBio Pharma, Inc.
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