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Memory Pharmaceuticals Reports Third Quarter 2008 Financial Results
Date:11/13/2008

illion or the alternative requirement of $2.5 million in stockholders' equity in order to remain listed.

Conference Call and Webcast Information

Memory Pharmaceuticals will hold a conference call on November 13, 2008, at 9:00 a.m. EST to discuss the Company's third quarter 2008 financial results. The conference call will also be broadcast live from the "Investors" section of the Company's website. Memory Pharmaceuticals' senior management will host the conference call. Investors and other interested parties may access the call as follows:

Date: Thursday, November 13, 2008

Time: 9:00 a.m. EST

Telephone (U.S.): 866. 543.6407

Telephone (international): 617.213. 8898

Participant Passcode: 22960486

Webcast: http://www.memorypharma.com under the

"Investors" section

An audio replay of the conference call will be available from 11:00 a.m. EST on Thursday, November 13, 2008, until Thursday, November 20, 2008. To access the replay, please dial 888.286.8010 (U.S.) or 617.801.6888 (international) and enter pass code number 92102882. An audio replay of the conference call will also be available under the "Investors" section of the Company's website during the same period.

About the Company

Memory Pharmaceuticals Corp., a biopharmaceutical company, is focused on developing innovative drugs for the treatment of debilitating CNS disorders, many of which exhibit significant impairment of memory and other cognitive functions, including Alzheimer's disease and schizophrenia. For additional information, please visit our website at http://www.memorypharma.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meani
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SOURCE Memory Pharmaceuticals Corp.
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