Pain Therapeutics to Host Year-End Conference Call on February 4, 2014

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| Source: Pain Therapeutics, Inc.

AUSTIN, Texas, Jan. 29, 2014 (GLOBE NEWSWIRE) -- Pain Therapeutics, Inc. (Nasdaq:PTIE) will host a conference call on Tuesday, February 4th, 2014 at 4:00 p.m. Central Time/5:00 p.m. Eastern Time to discuss year-end 2013 financial results, provide an update on the Company and respond to questions.

To participate in the conference call, please dial 1-877-407-9039 (within the U.S.) or 1-201-689-8470 (outside the U.S.) prior to the start of the call. Those interested in listening to the conference call live via the internet may do so by visiting the company's website at www.paintrials.com.

A playback of the call will be available for approximately 7 days after the live event. To access the playback, please dial 1-877-870-5176 (within the U.S.) or 1-858-384-5517 (outside the U.S.) and enter code 13575504.

About Pain Therapeutics, Inc.

Pain Therapeutics, Inc. is a biopharmaceutical company that develops novel drugs. The FDA has not approved any of our drug candidates for commercial sale. For more information, please visit www.paintrials.com.

Peter S. Roddy
Vice President and Chief Financial Officer
Pain Therapeutics, Inc.

(512) 501-2450

Barbara Ryan
FTI Consulting

(212) 850-5679