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Alexza Executes $15 million Working Capital Loan with Hercules Technology Growth Capital, Inc.
Date:5/5/2010

Hercules Technology Growth Capital, Inc. is a NASDAQ traded specialty finance company providing debt and equity growth capital to technology and life science companies at all stages of development.  Founded in December 2003, the company primarily finances privately held companies backed by leading venture capital and private equity firms.  Hercules invests in a broad range of ventures active in technology and life science industries and offers a full suite of growth capital products at all levels of the capital structure.  The company is headquartered in Palo Alto, Calif. and has additional offices in the Boston, Boulder and Chicago areas.  Providing capital to publicly-traded or privately-held companies backed by leading venture capital and private equity firms involves a high degree of credit risk and may result in potential losses of capital.  For more information, please visit www.htgc.com.

Safe Harbor Statement

This news release contains forward-looking statements that involve significant risks and uncertainties.  Any statement describing the Company's expectations or beliefs is a forward-looking statement, as defined in the Private Securities Litigation Reform Act of 1995, and should be considered an at-risk statement.  Such statements are subject to certain risks and uncertainties, particularly those inherent in the process of developing and commercializing drugs.  The Company's forward-looking statements also involve assumptions that, if they prove incorrect, would cause its results to
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SOURCE Alexza Pharmaceuticals, Inc.
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4. Alexza Pharmaceuticals Promotes Mark K. Oki to Vice President, Finance and Controller
5. Alexza Pharmaceuticals to Host 2010 Investor/Analyst Day on Thursday, February 18, 2010
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10. Alexza Pharmaceuticals to Present at the Fourth Annual JMP Securities Healthcare Focus Conference
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