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

not replicate results seen in previous trials; Iomai may not obtain the financing necessary to advance its programs; that development costs may exceed expectations; that Iomai may fail to adequately protect its intellectual property or may be determined to infringe on the intellectual property of others; and the risks identified under the heading "Factors That May Impact Future Results" in Management's Discussion and Analysis of Financial Condition and Results of Operations in our Quarterly Report on Form 10-Q for the three months ended September 30, 2007, and filed with the Securities and Exchange Commission. Whether any approved product would be self-administered would depend on many factors, including the outcome of any additional studies the Company conducts evaluating self-administration and the views of regulatory agencies. Iomai cautions investors and others not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company's filings for a discussion of these and other risks and uncertainties which are filed with the U.S. Securities and Exchange Commission, available at http://www.sec.gov.

STATEMENTS OF OPERATIONS (Unaudited)

(In thousands, except share and per share data)

Year ended December 31,

2007 2006

Revenues $10,667 $1,475

Cost and expenses:

Research and development 31,605 28,041

General and administrative 8,172 5,857

Total costs and expenses 39,777 33,898

Loss from operations (29,110) (32,423)

Other income (expense)
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SOURCE Iomai Corporation
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