Antigen Express President Interviewed About Company's Vaccine Technology Platform and Swine Flu Virus

Dr. Eric von Hofe Featured On CBS/WBZ-TV Boston


WORCESTER, Mass., April 30, 2009 (GLOBE NEWSWIRE) -- Dr. Eric von Hofe, PhD, President of Antigen Express, Inc. (www.antigenexpress.com), the wholly-owned immunotherapeutics subsidiary of Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com), was featured Wednesday evening on Boston's CBS affiliate, WBZ-TV News, at 11:00 p.m. EDT. The segment can be viewed online at www.wbztv.com and will be available later today at www.generex.com.

The segment with WBZ-TV Boston reporter Christina Hager discussed the swine flu outbreak, pointing out that pharma and biotech companies are working on vaccines. Dr. von Hofe highlighted Antigen Express's own proprietary synthetic vaccine platform technology.

Dr. von Hofe noted in the segment, "It's just a matter of time before the next threatening virus comes along and our lab is working on a synthetic-based vaccine that will be easier to modify in keeping up with the constantly changing flu strains."

Antigen Express is developing novel immunotherapeutic and prophylactic vaccines for influenza. The Company has obtained broad and strong patent coverage for its proprietary platform technologies, which would manufacture modified peptide vaccines by an entirely synthetic process, in contrast with egg-based or cell-culture-based vaccines that require expensive, extensive and labor-intensive manipulation. Antigen Express's entirely synthetic process reduces cost and increases both the speed and quantity of production. This is of particular benefit in meeting rapidly emerging viral threats such as the potentially pandemic H5N1 avian and H1N1 swine influenzas.

About Generex Biotechnology Corporation

Generex is engaged in the research, development and commercialization of drug delivery systems and technologies. Generex has developed a proprietary platform technology for the delivery of drugs into the human body through the oral cavity (with no deposit in the lungs). The Company's proprietary liquid formulations allow drugs typically administered by injection to be absorbed into the body by the lining of the inner mouth using the Company's proprietary RapidMist(tm) device. The Company's flagship product, oral insulin (Generex Oral-lyn(tm)), which is available for sale in India and Ecuador for the treatment of subjects with Type-1 and Type-2 diabetes, is in Phase III clinical trials at several sites around the world. Antigen Express, Inc. is a wholly owned subsidiary of Generex. The core platform technologies of Antigen Express comprise immunotherapeutics for the treatment of malignant, infectious, allergic, and autoimmune diseases. For more information, visit the Generex website at www.generex.com or the Antigen Express website at www.antigenexpress.com.

The Generex Biotechnology Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3831

Safe Harbor Statement

This release and oral statements made from time to time by Generex representatives in respect of the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing potential product applications, potential collaborations, product development activities, clinical studies, regulatory submissions and approvals, and similar operating matters. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Generex with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. Generex undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Generex cannot be sure when or if it will be permitted by regulatory agencies to undertake additional clinical trials or to commence any particular phase of clinical trials. Because of this, statements regarding the expected timing of clinical trials cannot be regarded as actual predictions of when Generex will obtain regulatory approval for any "phase" of clinical trials. Generex claims the protection of the safe harbor for forward-looking statements that is contained in the Private Securities Litigation Reform Act.



            

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