NASDAQ panel grants Generex's request for continued listing

Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com) today announced its receipt of a decision by the NASDAQ Listing Qualifications Panel, which granted the Company's request for continued listing of the Company's common stock on The NASDAQ Stock Market on an interim basis, subject to certain conditions subsequent which are described in the Form 8-K Current Report filed by the Company with the Securities and Exchange Commission on EDGAR (www.sec.gov) earlier today.

"I am pleased to see that the Panel recognized the opportunities available to the Company through prospective business events and gave us the opportunity to remain listed on The NASDAQ Stock Market," said Anna Gluskin, the Company's President & Chief Executive Officer. "We are looking forward to our upcoming annual meeting of the Generex stockholders and the prospect of an exciting and positive year ahead."