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Tapestry Pharmaceuticals to Present Data on TPI 287 at the 2007,AACR Annual Meeting

obtain, maintain and enforce our own intellectual property; that development of TPI 287 is delayed or terminated because the costs of further development exceed its value; and that the Company's resources will be insufficient to continue development. Additional risks, uncertainties and other factors are identified under the captions "Risk Factors" and "Special Note Regarding Forward-Looking Statements" in the Company's reports filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 27, 2006. The Company disclaims any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new or additional information, future events or otherwise.

    Contact:   Tapestry Pharmaceuticals, Inc.

               Gordon Link

               Senior Vice President, Chief Financial Officer

               303-516-8500

               


               Elma Hawkins, Ph.D.

               Communications and Corporate Development

               212-400-3019

               


    Investor:  Lilian Stern

               Stern Investor Relations, Inc.

               212-362-1200

               


    Media:     Lloyd Benson/Dana Conti

               Schwartz Communications

               781-684-0770

               

glink@tapestrypharma.com ehawkins@tapestrypharma.com lilian@sternir.com tapestry@schwartz-pr.com

CONTACT: Gordon Link, Senior Vice President, Chief Financial Officer,+1-303-516-8500, , or Elma Hawkins, Ph.D.,Communications and Corporate Development, +1-212-400-3019,, both of Tapestry Pharmaceuticals, Inc., orLilian Stern, Stern Investor Relations, Inc., +1-212-362-1200,, or Lloyd
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