Tuesday, July 19, 2016

#Tech News : CTO of Gopher Protocol (OTCQB: $GOPH) Talks about Testing Their #GuardianPatch Prototype Units; Location Technology that Works with or without #GPS

#Tech News : CTO of Gopher Protocol (OTCQB:  $GOPH) Talks about Testing Their #GuardianPatch Prototype Units; Location Technology that Works with or without #GPS

What’s Next?…Upcoming Tracking Contest for Guardian Patch Plays into Phenomenon of New GPS Location Mobile Apps Like Pokémon Go


PERRIS, California, Point Roberts WA, - July 19, 2016 - Investorideas.com, a global news source covering tech stocks interviews Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB:GOPH). Danny talks about the recent milestone of completing Guardian Patch prototype units, their location technology that works with or without GPS and the extensive testing program underway. 

Danny also talks about their pending consumer contest to locate a Guardian Patch, at a certain location in a certain time, via simply looking at the Guardian Patch APP (no registration required), resembling Pokémon Go, though not virtual… and a chance to win a $500 prize. Pokémon Go, the GPS-based augmented reality mobile game that lets players catch and train Pokémon characters has taken the world by storm. The app has taken over rank of leaders in social media, passing Facebook, Instagram and Snapchat in Google Play on Android devices. Danny is hoping that this new worldwide buzz about GPS tracking apps can build consumer interest for their stick-on tracking device that protects and tracks objects and also potentially saves lives.

Interview



Q: Investorideas.com
Danny can you update our readers on the status and progress of the current Guardian Patch prototypes? For example, what you are tracking and how they are working?

A: Danny Rittman, CTO of Gopher Protocol Inc.
Our Guardian Patch prototype units were completed and successfully passed the initial testing phase. During the next few weeks, we will extend our testing to push the limits of our technology in order to achieve the highest performance. In addition, we are already testing statistical analysis and other data for our prototype units. As a courtesy to the public, our mobile apps are available on the app stores to download, so they can experience our progress. Currently we are tracking vehicles - among them are cars, bicycles, as well as objects that are not supposed to move… and similar things.


Q: Investorideas.com
How quickly are you retrieving data and location info and is there anywhere our readers can go to your site and get updates on what you are tracking?

A: Danny Rittman, CTO of Gopher Protocol Inc.
The prototype units are tested for Real-Time tracking. The devices are reporting their location every ten (10) seconds so users can view live on our mobile apps. Since we are in intensive testing and constantly releasing new mobile apps, I recommend to re-download your Guardian Patch app every few days to stay up-to-date. As a courtesy, we posted on Guardian’s FB page images of the routes used for testing we conducted.


Q: Investorideas.com
How long will you be testing these units and once you are happy with the performance what is the next step to bring the Guardian Patch to market?

A: Danny Rittman, CTO of Gopher Protocol Inc.
We are now in the advanced testing stage that should take about 2-3 weeks. Then we will conduct further testing in larger cities that should take another 2-4 weeks.  Within weeks from now we will summarize the prototypes conclusions, finalize our design and start the construction of the final product.


Q: Investorideas.com
Can you quickly explain what makes your tracking technology different from what most consumers would expect based on what is in their car and the GPS tracking being used for Pokémon Go?

A: Danny Rittman, CTO of Gopher Protocol Inc.
Our technology is using GPS services but not limited by it. The main advantage of our system is our own GuardianNet positioning system. This system provides the device’s positioning using its own private network which is not GPS based. In the new GPS based game, Pokémon Go, Guardian Patch may provide essential information about the figures, even if GPS services are not available. This may provide an essential advantage for players. Furthermore, since players are being put at risk tracking the characters on their mobile map, Guardian Patch potentially can warn them about approaching roads, railways, dangerous terrain and landscapes. As Guardian Patch can detect location-based and pin-point locations, a potential custom version of the Guardian device will provide better mapping…even for streets which are not on current mapping.


Q: Investorideas.com
Danny, can you tell us about your upcoming contest for consumers to track the Guardian Patch; how it will work and when it will launch?

A: Danny Rittman, CTO of Gopher Protocol Inc.
The contest is called “Find Patch #1”. We will have a Guardian Patch #1 car. This car will travel to a specific location carrying one of the Guardian Patch devices at a certain date and time. Users may download our app (free and no registration needed), track the car’s location, login to our website/landing page, enter the location and among those a draw for a grand prize will be made periodically. We expect to launch this contest sometime in the upcoming months.


Q: Investorideas.com
Danny can you talk about your personal concerns over the recent injuries of people playing the Pokémon Go game (falling off a cliff and walking into cars etc.) and how you think your tracking technology could potentially prevent similar accidents? 

A: Danny Rittman, CTO of Gopher Protocol Inc.
A Real-Time pinpoint location device is necessary in order to prevent players from being hurt. We are working on precise location and recently announced that Guardian Patch LLC – our JV partner, is currently developing its new Dimensional Positioning System ("DPS"). One of the key components of the DPS system is its multi-dimensional, vector-based sensors, that networks all members through centralized triangulation where each node is self-routing and able to connect to other nodes as needed-even in harsh weather conditions and complex landscapes. Especially when this type of location-based game is in the hands of young children, it is our duty to equip them with another tracking device that will alert them about approaching dangerous situations like roads, railways, terrain conditions and similar. In my vision (as a future product) each player should have a Guardian Patch in the form of a small box (or one can affix the future first generation of the patch to the phone…). The “GuardianGo” tracks in Real-Time the user’s location and is sensitive to dangerous conditions. The GuardianGo will alert the user via a loud audible tone, vibration and strobe-light signal about approaching dangerous situations. But again, this is NOT the current version of the Guardian Patch, it is just an example what GopherInsight(TM) technology is capable of.


Q: Investorideas.com

Interesting that you bring it up, Danny. Just a few days ago ABC exclusive released a video about  “Scuba diver rescued after six hours at sea unfazed by ordeal” (http://www.abc.net.au/news/2016-07-06/scuba-diver-rescued-six-hours-sea-unfazed-by-ordeal/7574496?WT.tsrc=Facebook) - could Guardian Patch assist in a case like that, theoretically of course?

 

A: Danny Rittman, CTO of Gopher Protocol Inc.
Not theoretically at all - once we release the product.  As you know, the Guardian Patch has a beacon feature - once removed (pulled off) it will send - SOS location signal (to the registered authorized contact info – including 911 if permitted by user), until the patch exhausts the battery – as such, the patch will die - So Others Can Live.


Q: Investorideas.com
Danny just one last question for our readers- where and when can people go to register for your contest and is your site set up for potentially thousands of players coming on board?

A: Danny Rittman, CTO of Gopher Protocol Inc.
We will have a special registration page on our web site in few weeks.



About Guardian Patch http://www.guardianpatch.com/
The Guardian Patch (the "Patch"), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The Patch is a "stick-on" device that provides its users with the capability to protect and track objects, a loved-one or even a pet, through a mobile application. Download the Patch app, register your patch, and track anything that you own on your mobile device or on our designated website. Register the Patches of your family members and friends to receive alerts in the event of an emergency. Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's Patch.



About Gopher Protocol Inc.  http://gopherprotocol.com
Gopher Protocol Inc. (OTCQB:  GOPH) ("Gopher" and the "Company") (http://gopherprotocol.com/) is a development-stage company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server. The system contemplates the creation of a global network. Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine. Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR , social media and publishing client and compensates Investorideas.com ( three months effective April 4, 2016 - three thousand five hundred per month )More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

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Monday, July 18, 2016

WorldVentures Celebrates Miami, Announces Technology Innovation Updates and Gives Back at Local Boys & Girls Club

WorldVentures Celebrates Miami, Announces Technology Innovation Updates and Gives Back at Local Boys & Girls Club

July 16–Aug. 26 the first 1,000 qualified Representatives will earn the right to purchase the new SmartCard being Developed by NXt-ID  (NASDAQ: $NXTD)



PLANO, Texas - July 18, 2016 (Investorideas.com Newswire) During the weekend, more than 17,000 WorldVentures Independent Representatives from around the country converged on Miami, Fla. for its U.S. sales training event, held at the American Airlines area.
During the training the company announced the This Is Next promotion for its new SmartCard in development. Between July 16–Aug. 26 the first 1,000 qualified Representatives will earn the right to purchase the new SmartCard to be used during the beta testing period targeted for end of Q4.
The technologically innovative SmartCard being designed and produced exclusively for WorldVentures with NXT-ID, Inc. (NASDAQ: NXTD) is a unique card that serves to securely store credit and loyalty cards. Among other features, the SmartCard seamlessly integrates with the DreamTrips™ mobile app to wirelessly check in and earn loyalty points towards DreamTrips vacations from participating restaurants. The strategic alliance was announced in a news release on Jan. 4 and first introduced to the WorldVentures Independent Representatives at the annual UNITED conference Jan. 2016.
"In this high-tech, hyper-connected world, we are enabling people to use technology in a more powerful and compelling way," said Wayne Nugent, World Ventures Founder and Chief Visionary Officer. "And our Independent Representatives will be able to bring this exciting new innovation to travelers all over the world, making their experiences richer, safer, and more engaging and rewarding."
And in the spirit of the WorldVentures Foundation "Heart to Serve", WorldVentures Independent Representatives kicked off the weekend by coming together on the morning of Friday, Jul. 15 for the traditional pre-event Volunteer Day. A group of 100 volunteers provided a field day for the children at the Kendall Boys & Girls Club in Miami. Being on summer break, the kids were able to participate in a fun-filled morning of hula hoop contests, egg tosses, 3-legged races and other games.
"There was so much enthusiasm from our Reps to really make a difference in the lives of kids in Miami," said WorldVentures Foundation Executive Director Gwyneth Lloyd.
About WorldVentures
WorldVentures Marketing, LLC, a privately held company based in Plano, Tex., sells travel club memberships providing a diverse set of lifestyle products and experiences. The company's goal is to help Independent Representatives, DreamTrips™ Members and employees achieve more fun, freedom and fulfillment in their lives. WorldVentures uses the direct sales model to go to market with active Representatives and Members in 29 countries. For more information, visit www.worldventures.com.

About WorldVentures Foundation
The WorldVentures Foundation is a 501(c)3 organization with a mission to create positive change in the lives of children all over the world. The Foundation supports sustainable programs that promote children's health, happiness, safety and development. Represented by the Heart to Serve logo and tagline, the mission is accomplished through four main ways: VolunTours, Volunteer Days, DreamCourts™ and fundraising. Learn more at www.worldventuresfoundation.org.

About NXT-ID, Inc.—Mobile Security for a Mobile World
NXT-ID, Inc.'s (NASDAQ:NXTD) (NXTDW) innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of solutions that secure consumers' mobile platforms. For more information, please visit www.nxt-id.com.

Media contact:
Connie Glover
Public Relations Manager
WorldVentures Holdings, LLC
o: 972.805.9600 ext. 2521 c: 214.726.2567
press@worldventures.com


NXT- ID Inc Contact:
Corporate info: info@nxt-id.com

Media:
D. Van Zant
800 665-0411

Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

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Friday, July 15, 2016

#Technology, #Mining #Stocks and #FoodSciences/#Hemp Company #LexariaBioscience Corp. (CSE: $LXX; OTC: $LXRP) Added to Investorideas.com

#Technology, #Mining #Stocks and #FoodSciences/#Hemp Company #LexariaBioscience Corp. (CSE: $LXX; OTC: $LXRP) Added to Investorideas.com

Technology Stock Additions Include: TSX Venture: $CTZ.V, $ES.V, $ILA.V, $INT.V, $INX.V, $IVI.V, $MCC.V, $OEE.V, $RHT.V, $QHR.V, $QIS.V, $RW.V, $RSY.V, $SCG.V, $SEB.V, $SPZ.V, $SYZ.V, $SY.V, $SYN.V, $MIT.V, $TTZ.V, $VPY.V, $VV.V, $VQS.V, $VIS.V and $ZAO.V



Point Roberts, WA, Delta BC – July 15, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its global stock directories.  Additions are within the technology and mining sectors, with a focus on TSX Venture Exchange Traded Technology Stocks.

New Mining companies are TSX, TSX Venture, Nasdaq, Canadian Stock Exchange and NYSE Listed companies and include focuses on mining in Mexico, Peru, Turkey, Canada and the US.

Also added is food science company, Lexaria Bioscience Corp. (CSE:LXX; OTC:LXRP), whose food products include Vipova™ - a hemp oil infused black tea and Lexaria Energy Bar – a hemp-infused energy bar.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.



Tech Companies Added:
Cencotech Inc (TSX:CTZ.V), Eight Solutions Inc. (TSX:ES.V), iLOOKABOUT Corp (TSX:ILA.V), Intertainment Media Inc (TSX:INT.V), In-Touch Survey Systems Ltd (TSX:INX.V), Ivrnet Inc (TSX:IVI.V), Magor Corporation (TSX:MCC.V), Memex Inc (TSX:OEE.V), Reliq Health Technologies Inc. (TSX:RHT.V), QHR Technologies Inc. (TSX:QHR.V), Quorum Information Technologies Inc (TSX:QIS.V), RenoWorks Software Inc (TSX:RW.V), RSI International Systems Inc (TSX:RSY.V), Selectcore Ltd (TSX:SCG.V), Smart Employee Benefits Inc. (TSX:SEB.V), Spriza Media Inc. (TSX:SPZ.V), Sylogist Ltd (TSX:SYZ.V), Symbility Solutions Inc (TSX:SY.V), Syncordia Technologies and Healthcare Solutions, Corp. (TSX:SYN.V),  Mint Technology Corp., The (TSX:MIT.V), Total Telcom Inc (TSX:TTZ.V), VersaPay Corp (TSX:VPY.V), Versatile Systems Inc (TSX:VV.V), VIQ Solutions Inc (TSX:VQS.V), Visionstate Corp. (TSX:VIS.V) and Zaio Corporation (TSX:ZAO.V)

Mining Companies Added:
Peruvian Precious Metals Corp. (TSX:PPX.V), Pele Mountain Resources Inc. (TSX:GEM.V), Palamina Corp. (TSX:PA.V), Pasinex Resources Ltd. (CSE:PSE), Pershing Gold Corp. (NasdaqGM:PGLC), Pilot Gold Inc. (TSX:PLG.TO), Pretium Resources Inc. (NYSE: PVG; TSX:PVG.TO) and Pure Gold Mining Inc. (TSX:PGM.V)

Food Science/Hemp Company:
Lexaria Bioscience Corp. (CSE:LXX; OTC:LXRP) is a food sciences company focused on the delivery of active compounds that can behave as superfoods through its proprietary infusion technologies. Lexaria’s technology enables higher bioavailability rates for CBD; THC; NSAIDs; Nicotine and other molecules than is possible without lipophilic enhancement technology. This can allow for lower overall dosing requirements and/or higher effectiveness in active molecule delivery. Lexaria hopes to reduce other common but less healthy ingestion methods such as smoking as it embraces the benefits of public health.

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Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Wednesday, July 13, 2016

#China XD Plastics Company (NASDAQ: $CXDC) Makes NASDAQ Top Percentage Gainer List

#China XD Plastics Company (NASDAQ: $CXDC) Makes NASDAQ Top Percentage Gainer List

#China #Stocks in Play Again?....

Point Roberts, WA, Delta BC – July 13 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors reports on NASDAQ gainer, China XD Plastics Company Ltd. (NASDAQ: CXDC). The stock is trading at $4.53,  up 0.76 (20.16 %), making it the second top gainer on NASDAQ today.

The Company, one of China's specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, announced last week  that it held a commissioning ceremony on July 7, 2016 at its new Sichuan manufacturing facility.

The press release stated-"We are grateful for the tremendous support from the Nanchong municipal and Shunqing district authorities as our new production facility in Sichuan Province was completed in a little over a year since the company broke ground," said Jie Han, Chairman of the Board of Directors and Chief Executive Officer. "The commissioning ceremony featured our new, high-tech facility which is fully automated, and plant tours showcased the culmination of the cooperative efforts between our project development team and officials in the region and many partners who understand the evolution of China's Southwest region into a major high-tech and transportation manufacturing center to include automobiles, high-speed rail, shipping and aviation. With over 700 participants, we were able to showcase how our Sichuan campus will diversify our product platform into additional high-growth verticals such as advanced transportation, bio-degradable materials, medical-grade materials and food packaging."





China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 28 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Buick, Chevrolet, VW Passat, Golf and Jetta, Mazda, and Toyota. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of March 31, 2016, 369 of the Company's products have been certified for use by one or more of the automobile manufacturers in China. For more information, please visit the Company's English website at http://www.chinaxd.net, and the Chinese website at http://www.xdholding.com.


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Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

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Friday, July 08, 2016

#Biopharma News: Eleven Biotherapeutics (NASDAQ: $EBIO) Announces Effectiveness of Investigational New Drug Application for EBI-031

#Biopharma News: Eleven Biotherapeutics (NASDAQ: $EBIO) Announces Effectiveness of Investigational New Drug Application for EBI-031

Eleven entitled to receive $22.5 million milestone payment for IND effectiveness

CAMBRIDGE, Mass. - July 8, 2016 (Investorideas.com Newswire) Eleven Biotherapeutics, Inc. (NASDAQ:EBIO), a biopharmaceutical company discovering and developing protein therapeutics to treat diseases of the eye, today announced that the company's Investigational New Drug (IND) application for EBI-031, a humanized monoclonal antibody that potently binds interleukin-6 (IL-6) and inhibits all known forms of IL-6 cytokine signaling, for treatment of ocular diseases, has become effective. As a result of the achievement of this milestone, Eleven is entitled to receive a $22.5 million payment from F. Hoffmann-La Roche Ltd. and Hoffmann-La Roche Inc. (Roche) pursuant to the terms of its license agreement with Roche.



On June 13, 2016, Eleven announced that it had entered into an exclusive license agreement with Roche for the further development and commercialization of EBI-031 and all other IL-6 antagonist antibody technology owned by Eleven. Under the terms of the agreement, Eleven could receive up to $262.5 million upon the achievement of certain regulatory, development and commercialization milestones, including this $22.5 million payment upon the effectiveness of the IND for EBI-031. In addition, Eleven could be entitled to receive royalties for net sales of potential future products containing EBI-031 or any other potential future products containing other Eleven IL-6 compounds. Effectiveness of the license agreement, including Roche's obligation to make the $22.5 million milestone payment, is subject to approval of the license by holders of at least a majority of the outstanding shares of Eleven's common stock.

"We look forward to Roche advancing EBI-031 into the clinic to explore its potential use for ocular diseases, such as diabetic macular edema, in an effort to bring this potential treatment to patients," said Abbie Celniker, Ph.D., President and Chief Executive Officer of Eleven Biotherapeutics.


About EBI-031
Eleven Biotherapeutics' most advanced preclinical product candidate is EBI-031 for treatment of diabetic macular edema, or DME, and uveitis. EBI-031 was designed and engineered for intravitreal delivery using Eleven's AMP-Rx platform. EBI-031 is a potent blocker of both free IL-6 and IL-6 complexed to the soluble IL-6 receptor (IL-6R). Eleven filed an IND with the FDA in June 2016 for the purpose of conducting clinical trials of EBI-031 in DME and uveitis.

About Eleven Biotherapeutics
Eleven Biotherapeutics, Inc. is a preclinical-stage biopharmaceutical company with a proprietary protein engineering platform, called AMP-Rx, that it applies to the discovery and development of protein therapeutics to treat diseases of the eye. Eleven's therapeutic approach is based on the role of cytokines in diseases of the eye, the Company's understanding of the structural biology of cytokines and the Company's ability to rationally design and engineer proteins to modulate the effects of cytokines. Cytokines are cell signaling molecules found in the body that can have important inflammatory effects.
For more information please refer to the Company's website www.elevenbio.com.

Important Information
The Company plans to file with the Securities and Exchange Commission ("SEC") and mail to its stockholders a proxy statement in connection with the transactions contemplated by the license agreement. Additionally, the Company will file other relevant materials with the SEC in connection with the transactions contemplated by the license agreement. The proxy statement will contain important information about the Company, the transactions contemplated by the license agreement and related matters. Investors and security holders are urged to read the proxy statement carefully when it is available before making any voting or investment decision with respect to the proposed transactions because they will contain important information about the proposed transactions.

Investors and security holders will be able to obtain free copies of the proxy statement and other documents filed with the SEC by the Company through the web site maintained by the SEC at www.sec.gov. In addition, investors and security holders will be able to obtain free copies of the proxy statement from public company by contacting Leah Monteiro at (617) 714-0619.

The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the transactions contemplated by the license agreement. Information regarding the Company's directors and executive officers is contained in the Company's Form 10-K for the fiscal year ended December 31, 2015, and its proxy statement dated April 29, 2016, each of which has been filed with the SEC. Additional information regarding the participants in the solicitation of proxies in respect of the transactions contemplated by the license agreement and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available.

Cautionary Note on Forward-Looking Statements
Any statements in this press release about future expectations, plans and prospects for the Company, including statements about the potential effectiveness of the license agreement or receipt of payments thereunder, the future rights and obligations of the parties under the license agreement, the Company's strategy, future operations, advancement or maturation of its product candidates and product pipeline, clinical development of the Company's product candidates, including expectations regarding timing of regulatory submissions and initiation of clinical trials, regulatory requirements for initiation of clinical trials and registration of product candidates, the review of its strategic alternatives and the outcome of such review, the completion and results of potential strategic transactions, the sufficiency of its cash resources and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the occurrence of any event, change or other circumstances that could give rise to the termination of the license agreement, the outcome of any legal proceedings that could be instituted against the Company or its directors related to the license agreement, the inability to consummate the transactions contemplated by the license agreement due to the failure to obtain the requisite approval of the Company's stockholders, the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or preclinical studies will be indicative of the results of future trials, the adequacy of any clinical models, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals and other factors discussed in the "Risk Factors" section of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2016 as filed with the Securities and Exchange Commission and other reports on file with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company's views as of the date hereof. The Company anticipates that subsequent events and developments will cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date hereof.

Source: Eleven Biotherapeutics, Inc.

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