Aerocrine’s FeNO test will be covered by Texas Medicaid starting April 1st

SOLNA, Sweden - 20 February, 2013 - Aerocrine AB (OMX Nordic Exchange: AERO)
announces that Texas Medicaid will begin coverage of FeNO testing on April 1,
2013.  The Texas Health and Human Services Commission conducted a Rate Hearing
on February 13th in Austin and physicians were in full support of the proposed
Medicaid payment rates.
Texas has the third largest Medicaid population in the U.S. after California and
New York with more than 3.7 million beneficiaries. With the addition of Texas,
Medicaid will cover Fractional exhaled Nitric Oxide (FeNO) testing in 36 states
and the District of Columbia. This innovative test aids in assessing and
managing asthma since conventional asthma tests often do not correlate with
allergic airway inflammation, which is the key component of the disease.

Daniel Ramirez, M.D., a board certified allergist of adult and pediatric
patients in San Antonio, provided oral testimony at the hearing in support of
the proposed Medicaid rates. “This new non-invasive technology helps us more
effectively assess and manage our patients’ asthma. It is particularly useful in
communicating to my patients the extent to which they need – or don’t need –
their medications. It serves well as a “truth serum” in making sure patients
take their inhaled steroid medications as prescribed.” He closed by saying, “I
used this device at a financial loss to my practice simply because I knew the
benefits that it provided to my patients.”

Aerocrine Inc. confirmed that several other Texas physicians submitted written
comments supporting FeNO coverage and the proposed Medicaid payment rates.
Joseph Diaz, M.D., a board certified allergist in San Antonio noted, “I use FeNO
measurement to assess the severity of allergic inflammation that underlies
asthma, something that pulmonary function testing does not measure. He also
stated, “FeNO testing has influenced my treatment decisions in several ways. It
provides valuable information on the effects of treatment and whether or not my
patients are actually taking their inhaled steroid medications. It also helps me
identify breathing problems that are not related to asthma and look for other
causes.”

“We have seen significant increase in coverage since the publication of the
American Thoracic Society Practice Guideline on Clinical Applications for FeNO
in 2011. Recent publications on the clinical efficacy of FeNO measurement,
combined with excellent health economic benefits provides compelling evidence
that has convinced health plans to cover FeNO,” said Ken Marshall, President for
Aerocrine’s U.S. Operations. “With the decision in Texas, FeNO is now reimbursed
by almost 60% of all private and public payers.”

“In the last 6 months, Horizon BlueCross BlueShield of New Jersey, Virginia
Medicaid, Utah Medicaid, Indiana Medicaid, Medica Health Plans and BlueCross
BlueShield of Minnesota joined other payers such as UnitedHealthcare in covering
FeNO. It’s all about the right medication, to the right patient at the right
time,” said Kathy Hodgdon, Aerocrine marketing.

Asthma is a chronic inflammatory disease of the airways characterized by
symptoms including wheezing and difficulty in breathing. Asthma is one of this
world’s most common and costly diseases, affecting 8-10 percent of the
population and costing over $50B annually in the U.S. alone. The disease has no
cure and proper diagnosis and management of the disease are key to effectively
treating patients and keeping their asthma under control.

For more information, contact:

Ken Marshall, President, Aerocrine Inc., telephone +1 (919) 280 9687

Kathy Hodgdon, Sr Director of Marketing, Aerocrine Inc., telephone +1 (314) 566
8546

Scott Myers, Chief Executive Officer, Aerocrine AB, Phone: +46 768 788 379

About Aerocrine

Aerocrine AB is a medical products company focused on the improved management
and care of patients with inflammatory airway diseases. As the pioneer and
leader in technology to monitor and manage airway inflammation, Aerocrine
markets NIOX MINO® and NIOX Flex®. Both products enable fast and reliable
management of airway inflammation and may therefore play a critical role in more
effective diagnosis, treatment and follow-up of patients with inflammatory
airway diseases such as asthma. Aerocrine is based in Sweden with subsidiaries
in the U.S., Germany, Switzerland and the U.K. Aerocrine shares were listed on
the Stockholm Stock Exchange in 2007.

Aerocrine may be required to disclose the information provided herein pursuant
to the Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 8:00 a.m. on February 20, 2013