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Platinum-Montaur Announces Proposal To Reverse The Destruction Of Shareholder Value At Echo Therapeutics, Inc.

Michael M. Goldberg, M.D.Portfolio Manager

About Platinum-Montaur Life Sciences, LLC

Platinum-Montaur Life Sciences, LLC is the healthcare division of Platinum Partners, a New York-based investment management group with more than $1 billion in assets under management.  Platinum-Montaur  Life Sciences, LLC employs a growth equity investment strategy, taking large early-stage positions in public and private companies with promising healthcare technologies.

Safe Harbor

Cautionary Statement Regarding Forward-Looking Statements

The information herein contains "forward-looking statements." Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "targets," "forecasts," "seeks," "could" or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe our objectives, plans or goals are forward-looking. Our forward-looking statements are based on our current intent, belief, expectations, estimates and projections regarding the Company and projections regarding the industry in which it operates. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to differ materially. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results.

CONTACT: Alan Oshiki, Broadgate Consultants, 212-232-2354, aoshiki@broadgate.com

SOURCE Platinum-Montaur Life Sciences, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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