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CORRECTION: Viral Genetics Pursues Promising New Therapy for Lyme Disease With Grant from Time for Lyme, Inc.
Date:5/20/2009

SAN MARINO, Calif., May 20 /PRNewswire-FirstCall/ -- On April 16, 2009 and March 18, 2009, biotechnology firm Viral Genetics, Inc. (Pink Sheets: VRAL) announced "that the company is pursing a promising new therapy for Lyme Disease with funding from Time for Lyme, Inc., and the Turn Corner Foundation." This correction is to clarify that those grants were not made to Viral Genetics but were made directly to the University of Colorado where Dr. M. Karen Newell is a tenured professor. The University then applied the funds to promising research into a treatment for Lyme Disease that is being conducted by Dr. M. Karen Newell and her research group at the University of Colorado. Any inference in the press releases that the grants were made directly to Viral Genetics rather than the university is incorrect.

Viral Genetics has certain exclusive licenses and options from the University of Colorado under previously filed patent rights, the work by Dr. Karen. Viral Genetics' license with the University is in return for certain obligations and fees.

Viral Genetics, Inc. is a biotechnology company that discovers and develops immune-based therapies for HIV, AIDS and other autoimmune diseases using its thymus nuclear protein compound (TNP). The company recently entered into an exclusive license agreement with the University of Colorado and V-Clip Pharmaceuticals (a subsidiary of the company) to license technology that appears to explain TNP and provide a means to optimize therapies based on TNP for future clinical trials. For more information, visit www.viralgenetics.com.

This news release contains forward-looking statements that involve risks and uncertainties associated with financial projections, budgets, milestone timelines, clinical development, regulatory approvals, and other risks described by Viral Genetic
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SOURCE Viral Genetics, Inc.
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