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Iomai Announces Year-End 2007 Financial Results and Business Progress
Date:3/6/2008

benefits of a major group of antigen-presenting cells found in the outer layers of the skin (Langerhans cells) to generate an enhanced immune response. Iomai is leveraging TCI to enhance the efficacy of existing vaccines, develop new vaccines that are viable only through transcutaneous administration and expand the global vaccine market. Iomai currently has four product candidates in development: three targeting influenza and pandemic flu and one to prevent travelers' diarrhea. For more information on Iomai, please visit http://www.iomai.com.

Some matters discussed in this press release constitute "forward-looking statements" that involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Such forward-looking statements include statements about potential commercialization of a vaccine that could be mailed and self-applied, the ability of Iomai to enter into a partnering deal, conducting a Phase 3 trial of Iomai's travelers' diarrhea vaccine, and the sufficiency of existing cash and government contract revenues to fund operations into the third quarter of 2008. Applicable risks and uncertainties include, among others, that the clinical results may not support regulatory approval to commercialize any Iomai product candidate or the mailing and self-administration of any product that does gain approval, both of which will depend on the outcome of additional clinical trials and analysis by regulatory authorities of data Iomai submits; assessments by third-parties of the potential commercial value of the TCI technology, potential partners may determine to wait for additional clinical data prior to partnering or may be unwilling to partner on terms and conditions Iomai deems acceptable; Iomai's intellectual property position, and the market potential of Iomai's product candidates; future clinical trials may
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