CryoPort Adjourns Annual Meeting of Shareholders until September 10

LAKE FOREST, Calif.--(BUSINESS WIRE)-- CryoPort, Inc. (OTCBB: CYRX) today announced that it adjourned its 2010 Annual Meeting of Shareholders until September 10, 2010 to allow the Company additional time to solicit proxies from shareholders in an effort to obtain the required vote to approve the third proposal contained in the Company's proxy statement, creation of a series of blank check preferred stock. The vacation period for many people during August and Labor Day holiday has resulted in an insufficient number of shareholders voting on that ballot initiative.

The meeting will be reconvened at the offices of Snell & Wilmer, L.L.P. located at 600 Anton Boulevard, Suite 1400, Costa Mesa, California, on Friday, September 10, 2010 at 10:00 a.m. Pacific time.

About CryoPort, Inc.

CryoPort (www.cryoport.com) has developed a leading edge, proprietary, technology-driven packaging and transport and packaging system focused on providing a solution for the frozen shipping market in the growing global life science industry. The products developed by CryoPort are essential components of the infrastructure required for the testing, research and end user delivery of temperature-sensitive medicines and biomaterials in an increasingly complex global logistical environment.

    Source: CryoPort, Inc.

Released September 1, 2010