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This press release contains certain forward-looking statements
relating to our plans to develop our electroporation drug and gene
delivery technology. Actual events or results may differ from our
expectations as a result of a number of factors, including the
uncertainties inherent in clinical trials and product development
programs (including, but not limited to, the fact that pre-clinical
results referenced in this release may not be indicative of results
achievable from testing in humans and that results from one study
may necessarily not be reflected or supported by the results of
other similar studies), the availability of funding to support
continuing research and studies in an effort to prove safety and
efficacy of Inovio's technology as a delivery mechanism, the
availability or potential availability of alternative therapies or
treatments for the conditions targeted by Inovio or its
collaborators, including alternatives that may be more efficacious
or cost-effective than any therapy or treatment that Inovio and its
collaborators hope to develop, evaluation of potential
opportunities, issues involving patents and whether they or
licenses to them will provide Inovio with meaningful protection
from others using the covered technologies, whether such
proprietary rights are enforceable or defensible or infringe or
allegedly infringe on rights of others or can withstand claims of
invalidity and whether Inovio can finance or devote other
significant resources that may be necessary to prosecute, protect
or defend them, the level of corporate expenditures, assessments of
our technology by potential corporate or other partners or
collaborators, capital market conditions, and other factors set
forth in our Annual Report on Form 10-K for the year ended December
31, 2006, our 10-Q for the three months ending March 31,
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