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Neurologix Announces First Quarter 2011 Financial Results

differ materially from those set forth in the forward-looking statements. Additional information about factors that could cause results to differ materially from management's expectations is found in the section entitled "Risk Factors" in the Company's 2010 Annual Report on Form 10-K. Although the Company believes these assumptions are reasonable, no assurance can be given that they will prove correct. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results. Further, the Company undertakes no obligation to update forward-looking statements after the date they are made or to conform the statements to actual results or changes in the Company's expectations.

Marc Panoff, 201-592-6451
Chief Financial Officer

DJE Science
Jennifer Mallory, 312-240-2996

----- Tables to Follow ----NEUROLOGIX, INC.
(A Development Stage Company)
(Amounts in thousands, except share and per share amounts)March 31,
2011December 31, 2010(Unaudited)ASSETSCurrent assets:Cash and cash equivalents


$8,055Prepaid expenses and other current assets


481Total current assets


8,536Equipment, less accumulated depreciation of $693 and $682 at March  31, 2011 and December  31, 2010, respectively


71Intangible assets, less accumulated amort

SOURCE Neurologix, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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