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MINRAD International, Inc. Announces Change in Distribution Agreement with RxElite Holdings, Inc.
Date:9/11/2008

ORCHARD PARK, N.Y., Sept. 11 /PRNewswire-FirstCall/ -- MINRAD International, Inc. (Amex: BUF) today announced that it has notified RxElite Holdings, Inc., a wholly-owned subsidiary of RxElite Inc. (OTC Bulletin Board: RXEI), that it is transitioning its relationship with respect to RxElite Holdings, Inc.'s rights to be the exclusive distributor of certain Minrad International Inc.'s anesthetic products in the United States. Minrad has decided to move into a non-exclusive distributor arrangement with RxElite.

"As we discussed in our second quarter conference call on August 14, 2008, we have had ongoing dialogue with the senior management of RxElite to assess and determine how to increase our joint penetration of anesthetic products in the United States market. We believe this action will maximize the expertise of sales forces of both companies as well as the in-house support capabilities which RxElite has built to launch sevoflurane in the U.S. human anesthetic market," said David DiGiacinto, President and Chief Operating Officer.

Kirk Kamsler, Minrad's Senior Vice President, Commercial Development also commented, "We expect and will work towards ensuring that this ongoing change in selling strategy for our present and future anesthetics in the U.S. market will be transparent to both the distribution customers and end users of this product. Minrad already launched in June a direct selling effort for sevoflurane and isoflurane into the U.S. veterinary market."

Contact: David DiGiacinto, President & Chief Operating Officer

ddigiacinto@minrad.com

Kirk Kamsler, Senior Vice President, Commercial Development

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SOURCE MINRAD International, Inc.
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