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Nephros Announces Completion of Rights Offering
Date:5/23/2013

ers rights offering and related temporary reduction in exercise price for the March 2011 warrants." said John C. Houghton , President and Chief Executive Officer, "The net proceeds from these transactions will provide Nephros with funds to pursue the further commercialization of our high performance liquid purification filters for the Dialysis, Hospital and Military markets."

About Nephros, Inc.

Nephros is a commercial stage medical device company that develops and sells high performance liquid purification filters.  Our filters, which we call ultrafilters, are primarily used in dialysis centers and healthcare facilities for the production of ultrapure water and bicarbonate.

We were founded in 1997 by healthcare professionals affiliated with Columbia University Medical Center/New York-Presbyterian Hospital to develop and commercialize an alternative method to hemodialysis (HD).  In 2009, we began to extend our filtration technologies to meet the demand for liquid purification in other areas, in particular water purification.

Presently, we offer seven types of ultrafilters for sale to customers in four markets:

  • Dialysis Centers – Water/Bicarbonate:  Treatment of both water and bicarbonate for the production of ultrapure dialysate
  • Hospitals and Other Healthcare Facilities:  Removal of infectious agents in drinking and bathing water, particularly in high risk patient areas
  • Military:  Highly compact, individual water purification devices used by soldiers to produce safe drinking water in the field
  • Dialysis Centers – Blood:  Clearance of toxins from blood using an alternative method to HD in patients with chronic renal failure

For more information about Nephros, please visit the company's website at www.nephros.com'/>"/>

SOURCE Nephros, Inc.
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