Date:2/19/2009

ng of our common stock from the Nasdaq Capital Market, our ability to develop and market diagnostic products, the level of third party reimbursement for our products, risks related to preclinical and clinical development of pharmaceutical products, including the identification of compounds and the completion of clinical trials, the effect of government regulation and the regulatory approval processes, market acceptance, our ability to obtain and protect intellectual property rights for our products, dependence on collaborative relationships, the effect of competitive products, industry trends and other risks identified in deCODE's filings with the Securities and Exchange Commission, including, without limitation, the risk factors identified in our most recent Annual Report on Form 10-K and any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. deCODE undertakes no obligation to update or alter these forward-looking statements as a result of new information, future events or otherwise.

    Contacts:

    Edward Farmer
    +1-354-570-2819
    edward.farmer@decode.is

    Gisli Arnason
    +1-354-570-1825
    gisli.arnason@decode.is

    Joy Bessenger
    +1-212-481-3891
    joy.bessenger@decode.is

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SOURCE deCODE genetics Inc Copyright©2009 PR Newswire. All rights reserved

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