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Celsion Moves Forward With Annual Meeting, Schedules Stockholder Presentation.


Business Editors

COLUMBIA, Md.--(BUSINESS WIRE)--Feb. 17, 2003

Celsion Corporation (AMEX AMEX

See: American Stock Exchange
:CLN) today advised its stockholders that, despite the inclement weather, its annual meeting of stockholders, due to take place at its headquarters in Columbia, Maryland, tomorrow, February 18, 2003, will proceed as planned.

However, in order to provide stockholders with an opportunity to meet with management and the Board of Directors in person, Celsion has scheduled a special stockholder presentation to be held at Celsion's headquarters on May 14, 2003 at 11:00 a.m. During that presentation, Management will give a business update and will be available to answer questions. It is anticipated that this special presentation will be webcast and available at Celsion's website http://www.celsion.com/.

About Celsion:

Celsion Corporation, based in Columbia, Maryland, is a research and development company dedicated to commercializing medical treatment systems for cancer and other diseases using focused-heat technology delivered by patented microwave technology.

In January 2003, Celsion entered into a strategic alliance with Boston Scientific Corporation (NYSE NYSE

See: New York Stock Exchange
:BSX) in which Boston Scientific will initially distribute Celsion's BPH BPH
abbr.
benign prostatic hyperplasia


BPH
Benign prostatic hypertrophy, a very common noncancerous cause of prostatic enlargement in older men.
 product worldwide. Boston Scientific currently owns approximately 9% of Celsion's outstanding stock.

Celsion has research, license or commercialization agreements with leading institutions such as Duke University Medical Center, Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, , Harbor UCLA Medical Center UCLA Medical Center is a hospital located on the campus of the University of California, Los Angeles in Los Angeles, California. It is rated as one of the top three hospitals in the United States and is the top hospital on the West Coast according to US News & World Report. , the Center for Breast Surgery at Columbia Hospital in Florida, Montefiore Medical Center Montefiore Medical Center, in the Bronx, New York, is the university hospital of the Albert Einstein College of Medicine. The hospital, named after Moses Montefiore, is one of the 50 largest employers in New York State [1]. , Memorial Sloan Kettering Cancer Center in New York, Roswell Park Cancer Institute The Roswell Park Cancer Institute is a cancer research and treatment center located in Buffalo, New York. Founded in 1898 by Dr. Roswell Park, it was the first dedicated medical facility for cancer treatment and research in the United States.  in Buffalo, New York, and Duke University. For more information on Celsion, visit our website: http//www.celsion.com.

Celsion wishes to inform readers that forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Readers are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, unforeseen changes in the course of research and development activities and in clinical trials by others; possible acquisitions of other technologies, assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 17, 2003
Words:353
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