Celsion Corporation (CLSN)

[Skeena]

Re: acquisition (from the call today):

The goal of this important initiative is to identify complementary products or technologies that will help the company grow, mitigate risk associated with single product technology, and create greater value for our shareholders.

We have found that this is a target reach environment for M&A particularly for private mid-stage opportunities. Our review so far has been comprehensive, international, and private and public companies, and cautiously optimistic we will find an accretive deal to announce in the relative near-term.