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Where to find additional information about the Transaction
Cellegy intends to file a registration statement and proxy statement in
connection with the proposed transaction. Investors and stockholders are
urged to read the registration statement and proxy statement when it
becomes available because it will contain important information about the
transaction. Additional information is also available in a Report on Form
8-K filed by Cellegy relating to the transactions described in this press
release. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, CELLEGY'S
STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT REGARDING THE PROPOSED
TRANSACTION CAREFULLY AND IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE BECAUSE
IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.
Investors and stockholders may obtain free copies of the registration
statement and proxy statement and other relevant documents (when they
become available) and other documents filed with the Securities and
Exchange Commission at the Securities and Exchange Commission's web site
at: http://www.sec.gov. In addition, investors and stockholders may obtain
free copies of the documents filed with the Securities and Exchange
Commission by Cellegy by contacting the persons identified below. Cellegy's
directors and executive officers may be deemed to be participants in the
solicitation of proxies from its stockholders in connection with the
proposed transaction. Information regarding the interests of directors and
executive officers in the transaction will be included in the proxy
statement of the company. Additional information regarding directors and
executive officers of Cellegy is also included in the company's annual
report on Form 10-K for the year ended December 31, 2006 and, when it
becomes available, its annual report on form 10-K for the year ended
December 31, 2007, filed with the Securities and Exchange Com
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