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NeoGenomics Appoints Douglas M. VanOort as Executive Chairman and Interim Chief Executive Officer
Date:3/16/2009

sting over time and 50% vesting based on the attainment of certain performance milestones. As a component of his investment, Mr. VanOort was also awarded one warrant share for each share he purchased, or warrants to purchase an additional 625,000 shares in total. These warrants have a five-year term, an exercise price of $1.05 per share and 80% of such warrants will vest upon the attainment of exceptional share price performance at levels ranging from $3.00 to $6.00 per share. The remaining 20% of the warrants vested immediately upon the consummation of his investment.

About NeoGenomics, Inc.

NeoGenomics, Inc. is a high-complexity CLIA-certified clinical laboratory that specializes in cancer genetics diagnostic testing, the fastest growing segment of the laboratory industry. The company's testing services include cytogenetics, fluorescence in-situ hybridization (FISH), flow cytometry, morphology studies, anatomic pathology and molecular genetic testing. Headquartered in Fort Myers, FL, NeoGenomics has labs in Nashville, TN, Irvine, CA and Fort Myers and services the needs of pathologists, oncologists, urologists, and hospitals throughout the United States. For additional information about NeoGenomics, visit http://www.neogenomics.org.

For more news and information on NeoGenomics, please visit www.IRGnews.com/coi/NGNM where you can find a fact sheet on the company, investor presentations, and more. Interested parties can also access additional investor relations material from the American Microcap Institute at http://www.americanmicrocapinstitute.com/ngnm/ or from Hawk Associates at http://www.hawkassociates.com. An investment profile about NeoGenomics m
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SOURCE NeoGenomics, Inc.
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