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Cepheid Comments on Study Regarding MRSA Surveillance Reported in the Journal of the American Medical Association
Date:3/12/2008

Company Reaffirms 2008 Financial Guidance

SUNNYVALE, Calif., March 12 /PRNewswire-FirstCall/ -- Cepheid (Nasdaq: CPHD) today announced it has posted on its website, http://www.cepheid.com, comments on a study recently published in the Journal of the American Medical Association regarding MRSA screening in surgical patients.

Cepheid also announced that it is reaffirming its previously-announced financial guidance for 2008 of revenues of $182-189 million and net income, excluding stock compensation expense and the amortization of acquired intangibles, of $3 million to $5 million.

About Cepheid

Based in Sunnyvale, Calif., Cepheid (Nasdaq: CPHD) is an on-demand molecular diagnostics company that develops, manufactures, and markets fully-integrated systems for genetic analysis in the clinical, industrial and biothreat markets. The company's systems enable rapid, sophisticated genetic testing for organisms and genetic-based diseases by automating otherwise complex manual laboratory procedures. The company's easy-to-use systems integrate a number of complicated and time-intensive steps, including sample preparation, DNA amplification and detection, which enable the analysis of complex biological samples in its proprietary test cartridges. Through its strong molecular biology capabilities, the company is focusing on those applications where rapid molecular testing is particularly important, such as identifying infectious disease and cancer in the clinical market; food, agricultural, and environmental testing in the industrial market; and identifying bio-terrorism agents in the biothreat market. See http://www.
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