Attached files
EXHIBIT 99
CEL-SCI CORPORATION
8229 Boone Boulevard, Suite 802 COMPANY CONTACT:
Vienna, VA 22182. USA Gavin de Windt
Telephone (703) 506-9460 CEL-SCI Corporation
www.cel-sci.com (703) 506-9460
CEL-SCI ANNOUNCES THAT NYSE MKT APPROVES PLAN
Vienna, VA, September 3, 2013 - CEL-SCI Corporation (NYSE MKT: CVM) announces
that the NYSE MKT (the "Exchange") has accepted the Company's plan to bring
itself into compliance with the Exchange's continued listing standards.
The Company previously received notice from the Exchange on July 18, 2013,
indicating that the Company is not in compliance with Section 1003(a)(iv) of the
Exchange's continued listing standards in the Company Guide. The Company was
afforded the opportunity to submit a plan to regain compliance, and on August
19, 2013 the Company submitted its plan to the Exchange.
On August 30, 2013, the Exchange notified the Company that it accepted the
Company's plan of compliance and granted the Company an extension until
September 30, 2013 to regain compliance with the continued listing standards.
The Company will be subject to periodic review during the extension period.
Failure to make progress consistent with the plan or to regain compliance with
the continued listing standards by the end of the extension period could result
in the Company being delisted from the NYSE MKT.
About CEL-SCI Corporation
CEL-SCI is dedicated to research and development directed at improving the
treatment of cancer and other diseases by utilizing the immune system, the
body's natural defense system. Its lead investigational therapy is Multikine
(Leukocyte Interleukin, Injection), currently being studied in a pivotal global
Phase III clinical trial. CEL-SCI is also investigating an immunotherapy
(LEAPS-H1N1-DC) as a possible treatment for H1N1 hospitalized patients and as a
vaccine (CEL-2000) for Rheumatoid Arthritis (currently in preclinical testing)
using its LEAPS technology platform. The investigational immunotherapy
LEAPS-H1N1-DC treatment involves non-changing regions of H1N1 Pandemic Flu,
Avian Flu (H5N1), and the Spanish Flu, as CEL-SCI scientists are very concerned
about the possible emergence of a new more virulent hybrid virus through the
combination of H1N1 and Avian Flu, or maybe Spanish Flu. The Company has
operations in Vienna, Virginia, and in/near Baltimore, Maryland.
When used in this report, the words "intends," "believes," "anticipated" and
"expects" and similar expressions are intended to identify forward-looking
statements. Such statements are subject to risks and uncertainties which could
cause actual results to differ materially from those projected. Factors that
could cause or contribute to such differences include, an inability to duplicate
the clinical results demonstrated in clinical studies, timely development of any
potential products that can be shown to be safe and effective, receiving
necessary regulatory approvals, difficulties in manufacturing any of the
Company's potential products, inability to raise the necessary capital and the
risk factors set forth from time to time in CEL-SCI Corporation's SEC filings,
including but not limited to its report on Form 10-K for the year ended
September 30, 2012. The Company undertakes no obligation to publicly release the
result of any revision to these forward-looking statements which may be made to
reflect the events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.