Alacrity Biosciences Announces Positive Results from a Phase 2 Study of Its Dry Eye Treatment...(s are often but not always made through ...),Health

Date:10/9/2007

s are often, but not always, made through the use of words or phrases such as "anticipates," "expects," "plans," "believes," "intends" and similar words or phrases. Such statements involve risks and uncertainties that could cause Alacrity Biosciences' actual results to differ materially from the anticipated results and expectations expressed in these forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the risks and uncertainties inherent in clinical trials, and drug development and commercialization. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are qualified in their entirety by this cautionary statement and Alacrity Biosciences undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Contact:

Tracey Milani or David Schull

Russo Partners, LLC

619.814.3511

tracey.milani@russopartnersllc.com

david.schull@russopartnersllc.com

Editors Note: Alacrity Biosciences will present at 12:30 p.m. PDT on Thursday, Oct. 11, 2007, at the BIO InvestorForum in San Francisco.

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SOURCE Alacrity Biosciences Copyright©2007 PR Newswire. All rights reserved

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