CPHD - Cephid (CPHD)

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Cepheid Schedules First Quarter 2002 Financial Results and Conference Call


14:12 EDT Wednesday, April 17, 2002



SUNNYVALE, Calif., April 17 /PRNewswire-FirstCall/ -- Cepheid (Nasdaq: CPHD) announced today plans to release its first quarter 2002 earnings after close of the stock market on Tuesday, April 23, 2002. In conjunction with the release, management will host a conference call the same day at 4:30 p.m. (Eastern). The call will be simultaneously broadcast over the Internet.

Interested participants may listen to a live webcast of the call on the investor relations section of Cepheid's web site at www.Cepheid.com. Web participants are encouraged to go to the web site at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. Listening to the webcast requires speakers and RealPlayer(TM) software, downloadable free at www.real.com.

During the call, Cepheid's Chairman, Tom Gutshall, Chief Executive Officer, John Bishop and Chief Financial Officer, Cathy Smith will discuss Cepheid's financial results, business highlights and future expectations. After the live webcast, the call will remain available on Cepheid's website www.Cepheid.com, through May 3, 2002.

Cepheid, based in Sunnyvale, Calif., is commercializing its I-CORE(R) technology as the preferred platform for rapid, on-site detection of DNA -- the universal biological identifier -- for scientific, medical and industrial applications. Sold directly and through its global network of partners, its Smart Cycler(R) family of products provides researchers with quantitative DNA analysis in real time, simultaneously supporting multiple users and protocols on a single instrument with results in less than 30 minutes. Enabling time-critical DNA test results at the point of need, Cepheid's next-generation GeneXpert(R) system provides the first automated integration of all the steps required to detect DNA from complex biological specimens -- sample preparation, amplification and detection. Cepheid, I-CORE, Smart Cycler and GeneXpert are registered trademarks of Cepheid.


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SOURCE Cepheid

CONTACT: Cathy Smith, Vice President and CFO of Cepheid, [phone]

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