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Unilife CEO to Purchase an Additional U.S. $500,000 in Company Shares by September 30, 2011
Date:9/23/2011

YORK, Pa., Sept. 23, 2011 /PRNewswire/ -- Unilife Corporation ("Unilife" or the "Company") (NASDAQ: UNIS; ASX: UNS) today advised that its Chief Executive Officer, Alan Shortall, intends to purchase an additional U.S. $500,000 in shares of the Company's common stock between Monday, September 26th and Friday, September 30th. These purchases of Unilife shares will be part of Mr. Shortall's announcement on August 17th to purchase up to $1.0 million in shares by September 30th.

This announcement qualifies as Mr. Shortall's twenty-four hours advance notice to U.S. markets regarding these purchases of Unilife shares in the open market.

These intended purchases by Mr. Shortall in Unilife common stock, and the timing in which they occur, are subject to restrictions set forth in the Company's insider trading policy and will be effected in compliance with applicable U.S. and Australian securities laws.

Mr. Shortall is the largest shareholder in Unilife. The upcoming purchases of Unilife shares by Mr. Shortall follow his most recent open market purchases of more than $500,000 in shares in March and another approximately $500,000 in shares in August 2011.

About Unilife CorporationUnilife Corporation (NASDAQ: UNIS / ASX: UNS) is a U.S.-based developer, manufacturer and supplier of advanced drug delivery systems with state-of-the-art facilities in Pennsylvania. Established in 2002, Unilife works with pharmaceutical and biotechnology companies seeking innovative devices for use with their parenteral drugs and vaccines. Unilife has developed a broad, differentiated proprietary portfolio of its own injectable drug delivery products, including the Unifill® and Unitract® product lines of safety syringes with automatic, operator controlled needle retraction. Unifill represents the
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SOURCE Unilife Corporation
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