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sublime

08/02/07 9:02 AM

#63600 RE: sublime #63599

OLGC 1.43 OrthoLogic to Host Conference Call Discussing Second Quarter 2007 Results PrimeNewswire "PrimeNewswire "
TEMPE, Ariz., Aug. 2, 2007 (PRIME NEWSWIRE) -- OrthoLogic Corp. (Nasdaq:OLGC) announced today that it will release financial and operating results for the second quarter ending June 30, 2007 , on Wednesday, August 8, 2007 .
Management will host a conference call and webcast the same day at 4:30 PM EDT ( 1:30 PM MST ). The call may be accessed at 800-565-5442 (domestic) or 913-312-1298 (international), or by logging onto the Investors section of the Company's website, www.orthologic.com.
A replay will be available beginning August 8, 2007 , at 7:30 PM EDT until August 11, 2007 , and may be accessed at 888-203-1112 (domestic) or 719-457-0820 (international), with access code 6353545.
About OrthoLogic
OrthoLogic is a biotechnology company committed to developing a pipeline of novel therapeutic peptides and other molecules aimed at helping patients with under-served medical conditions. The Company is focused on the development and commercialization of two product platforms: Chrysalin(r) (TP508) and AZX100.
Chrysalin, the Company's novel synthetic 23-amino acid peptide, is being studied in several indications including fracture repair, diabetic foot ulcer healing and other disorders that may involve vascular endothelial dysfunction. The Company owns exclusive worldwide rights to Chrysalin.
AZX100 is a novel synthetic pre-clinical 24-amino acid peptide, one of a new class of compounds in the field of smooth muscle relaxation and fibrosis. AZX100 is currently being evaluated for commercially significant medical applications such as the treatment of pulmonary disease, the prevention of hypertrophic and keloid scarring and intimal hyperplasia. OrthoLogic has an exclusive worldwide license to AZX100.
OrthoLogic's corporate headquarters are in Tempe, Arizona . For more information, please visit the Company's Web site: www.orthologic.com.
CONTACT: OrthoLogic
Karen Struck, Investor Relations
(602) 286-5250
kstruck@olgc.com