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Cepheid Reports Fourth Quarter and Full Year 2010 Results
Date:1/27/2011

income in the range of $0.30 to $0.35 per share.  

Expected non-GAAP net income excludes approximately $18.5 million related to stock compensation expense and approximately $2 million related to the amortization of acquired intangibles.  The fully diluted share count for the year is expected to be approximately 66 million and basic share count is expected to be approximately 61 million.

Accessing Cepheid's Fourth Quarter and Full Year 2010 Results Conference CallThe company will host a management presentation at 2 p.m. Pacific Time on Thursday, January 27, 2011, to discuss the results.  To access the live webcast, please visit Cepheid's website at www.cepheid.com/investors at least 15 minutes before the scheduled start time to download any necessary audio or plug-in software.  A replay of the webcast will be available shortly following the call and will remain available for at least 90 days.

Interested participants and investors may also listen to the live teleconference call by dialing (866) 770-7146 or (617) 213-8068, and entering participant code 12255941.  A replay will be available for seven days beginning at 4 p.m. Pacific Time.  Access numbers for this replay are (888) 286-8010 or (617) 801-6888, with passcode 33375156.

About CepheidBased in Sunnyvale, Calif., Cepheid (Nasdaq: CPHD) is a leading molecular diagnostics company that is dedicated to improving healthcare by developing, manufacturing, and marketing accurate yet easy-to-use molecular systems and tests.  By automating highly complex and time-consuming manual procedures, the company's solutions deliver a better way for institutions of any size to perform sophisticated genetic testing for organisms and genetic-based diseases.  Through its strong molecular biology capabilities, the company is focu
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