Point Therapeutics to Present at CIBC World Markets Annual Biotechnology & Specialty Pharmaceuticals Conference

Point Therapeutics, Inc. (NASDAQ:POTP) announced that
Don Kiepert, President and CEO, will present at the CIBC World Markets
Annual Biotechnology & Specialty Pharmaceuticals Conference on
Wednesday, April 5, 2006 at 10:00 a.m. ET at the Millennium Broadway
Hotel in New York City. Mr. Kiepert will review key research and
development accomplishments and discuss upcoming corporate
initiatives. A live Web cast of the presentation will be available on
the Company's Web site, www.pther.com at 10:00 a.m. ET, April 5, 2006.

   About Point Therapeutics, Inc.:

   Point is a Boston-based biopharmaceutical company developing a
portfolio of dipeptidyl peptidase (DPP) inhibitors for use in cancer,
type 2 diabetes and as vaccine adjuvants. Point is currently studying
its lead product candidate, talabostat, in two Phase 3 trials in
non-small cell lung cancer. Point is also studying talabostat in
several Phase 2 trials, including as a single-agent in metastatic
melanoma, in combination with cisplatin in metastatic melanoma, in
combination with rituximab in advanced chronic lymphocytic leukemia,
and in combination with gemcitabine in metastatic pancreatic cancer.
In addition, Point's portfolio includes two other DPP inhibitors in
preclinical development--PT-630 for type 2 diabetes, and PT-510 as a
vaccine adjuvant.
   Certain statements contained herein are not strictly historical
and are "forward looking" statements as defined in the Private
Securities Litigation Reform Act of 1995. This information includes
statements with respect to the company's clinical development programs
and the timing of initiation and completion of its clinical trials.
Forward-looking statements are statements that are not historical
facts, and can be identified by, among other things, the use of
forward-looking language, such as "believes," "feels," "expects,"
"may," "will," "should," "seeks," "plans," "schedule to,"
"anticipates" or "intends" or the negative of those terms, or other
variations of those terms of comparable language, or by discussions of
strategy or intentions. A number of important factors could cause
actual results to differ materially from those projected or suggested
in the forward looking statement, including the risk factors described
in Point's quarterly report on Form 10-K for the year ended December
31, 2005 and from time to time in Point's periodic and other reports
filed with the Securities and Exchange Commission.