CryoPort, Inc. Adds Seasoned Vice President of Operations to Its Executive Team

Bret Bollinger to Bring Six Sigma and ISO Standards Experience to CryoPort's Manufacturing Facility

LAKE FOREST, CA -- (MARKET WIRE) -- 02/05/08 -- CryoPort, Inc. (OTCBB: CYRX) today announced that it has hired Bret Bollinger to be Vice President of Operations.

Peter Berry, CEO of CryoPort, commented, "Bret Bollinger brings more than 17 years' experience in the manufacturing sector to the CryoPort Team. His strength in understanding lean and profitable operations will be invaluable as we make the transition from the initiation of manufacturing operations to full scale operations."

Mr. Bollinger has worked in a variety of manufacturing environments. His experience includes working and understanding the rigid standards of both ISO and Six Sigma operations. He has held leadership positions with Triangle Brass and Ingersoll-Rand. He has lead key production process improvements through value stream mapping techniques and he expects to implement these same successful techniques at CryoPort.

Mr. Bollinger stated, "I am extremely pleased to be joining the CryoPort team. They have developed a truly unique and valuable product for the shipping industry. I look forward to using my skills and experience in helping to bring this product to the market in the most cost effective and efficient manner possible."

To be added to the CryoPort Investor email list, please email Edward@carpedminc.com with CYRX in the subject line.

About CryoPort, Inc.

CryoPort (www.cryoport.com) develops leading edge, proprietary, technology-driven shipping and storage products for use in the rapidly growing global biotechnology and biopharmaceutical cold chain. 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 logistical environment.

"SAFE HARBOR"

This press release contains forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Contact:
Stuart Fine
Carpe DM, Inc.
908-469-1788
stuart@carpedminc.com

Released February 5, 2008