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ZymoGenetics to Host Conference Call and Webcast on October 31, 2007 to Discuss Third Quarter Results

SEATTLE, Oct. 25 /PRNewswire-FirstCall/ -- ZymoGenetics, Inc. (Nasdaq: ZGEN) announced today that it will report third quarter 2007 financial results on Wednesday, October 31, 2007. Members of the company's senior management will discuss the results and provide a general corporate update in a conference call and webcast on Wednesday, October 31, 2007 at 10:30 a.m. Eastern Time.

The ZymoGenetics Q3 2007 Financial Results Conference Call may be accessed on October 31 by dialing 877-407-0782. The international dial in number is 201-689-8567. Participants should dial in to the call approximately 10 minutes prior to the scheduled start time to register. The webcast can be accessed at and will be archived for 30 days.

For replay, use the following information:

-- Replay number: 877-660-6853

-- International replay number: 201-612-7415

-- Replay passcodes (required for playback): account #: 286 and conference

ID #: 258415

About ZymoGenetics

ZymoGenetics creates novel protein drugs with the potential to significantly help patients fight their diseases. The Company is developing a diverse pipeline of product candidates that are moving into and through clinical development. These candidates span a wide array of clinical opportunities that include bleeding, autoimmune diseases and cancer. ZymoGenetics intends to commercialize these product candidates through internal development, collaborations with partners, and out-licensing of patents from its extensive patent portfolio. For further information, visit

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current intent and expectations of the management of ZymoGenetics. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. ZymoGenetics' actual results and the timing and outcome of events may differ materially from those expressed in or implied by the forward-looking statements because of risks associated with our unproven discovery strategy, preclinical and clinical development, regulatory oversight, intellectual property claims and litigation and other risks detailed in the company's public filings with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2006. Except as required by law, ZymoGenetics undertakes no obligation to update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise.

Investor and Media Relations

Susan W. Specht, MBA

Associate Director, Corporate Communications

(206) 442-6592

SOURCE ZymoGenetics, Inc.
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