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MINRAD Receives Notice of Failure to Satisfy a Continued Listing Rule from NYSE Alternext
Date:12/17/2008

's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its need to attract and retain technical and managerial personnel; its ability to execute its business strategy; the intense competition it faces; its ability to protect its intellectual property and proprietary technologies; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; financial conditions of its customers and their perception of its financial condition relative to that of its competitors; as well as those risks described under the heading "Risk Factors" of MINRAD International's Form 10-KSB/A, filed with the Securities and Exchange Commission on April 21, 2008. Although MINRAD International, Inc. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.

    MINRAD International, Inc.                                Contact
    50 Cobham Drive                             Charles R. Trego, Jr.
    Orchard Park, NY 14127           Executive Vice President and CFO
                                                       (716) 855-1068


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