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CorMedix Granted Extension of NYSE MKT Listing
Date:7/15/2013

KT notified CorMedix that it was granted an extension until October 20, 2013 to regain compliance with the Section 1003(a)(i) of the NYSE MKT listing standards. 

If CorMedix is not in compliance with all of the NYSE MKT's continued listing standards by October 20, 2013, the NYSE MKT will initiate delisting proceedings. Under the rules of the NYSE Company Guide, CorMedix is allotted a maximum of 18 months from the date of a deficiency letter to regain compliance with listing standards.  Accordingly, CorMedix will not be eligible for an extension beyond October 20, 2013.

About CorMedix                                                               

CorMedix Inc. is a pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac and renal dysfunction, also known as cardiorenal disease.  CorMedix's most advanced product candidate is CRMD003 (Neutrolin®) for the prevention of catheter-related bloodstream infections and maintenance of catheter patency in tunneled, cuffed, central venous catheters used for vascular access in hemodialysis patients. Please see www.cormedix.com for additional information.

Forward-LookingStatements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. All statements, other than statements of historical facts, regarding management's expectations, beliefs, goals, plans or CorMedix's prospects, future financial position, future re
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