American Stock Exchange Lists Common Stock of MicroIslet Inc.

American Stock Exchange Lists Common Stock of MicroIslet Inc.



NEW YORK, June 1  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of MicroIslet, Inc. under the ticker symbol MII.

MicroIslet is a biotechnology company engaged in the research, development, and
commercialization of patented technologies in the field of transplantation
therapy for people with insulin-dependent diabetes. MicroIslet's patented islet
transplantation technology includes methods for isolating, culturing,
cryopreservation, and immuno-protection (microencapsulation) of islet cells.
MicroIslet is working to develop and commercialize a first product, called
MicroIslet-P(TM), a microencapsulated porcine islet cell suspension that will
be used for transplantation in patients with insulin-dependent diabetes.

"We are pleased to welcome MicroIslet to the growing number of biotechnology
companies listed on the American Stock Exchange," said John McGonegal, senior
vice president of the Amex Equities Group.  "We look forward to working with
MicroIslet and providing them with the value-added resources a growing company
needs to succeed in today's market."

"We are very proud to have been approved for listing on the Amex; we see it as
a significant milestone reflecting our scientific progress and the substantial
strengthening of our balance sheet," said Haro Hartounian, Ph. D. President and
Chief Operating Officer of MicroIslet. "We expect our listing to increase
investor awareness and improve liquidity in our stock, and we believe the
American Stock Exchange is a good choice for MicroIslet and its shareholders."

The specialist in MicroIslet, Inc. will be Cohen Specialists, LLC.  For further
information on MII and other Amex-listed companies, please visit
http://www.amex.com/.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM).  In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 138 ETFs.  The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks.  For more information,
please visit http://www.amex.com/. 

DATASOURCE: American Stock Exchange



CONTACT:  Lynn Duffy of American Stock Exchange, [phone],





Web site:  http://www.amex.com/ 

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