Venaxis to Present at 2013 BIO CEO and Investor Conference

          Venaxis to Present at 2013 BIO CEO and Investor Conference

PR Newswire

CASTLE ROCK, Colo., Jan. 23, 2013

CASTLE ROCK, Colo., Jan. 23, 2013 /PRNewswire/ --Venaxis, Inc. (Nasdaq:
APPY), an in vitro diagnostic company focused on obtaining FDA clearance and
commercializing its blood-based appendicitis test, APPY1, today announced that
it will present at the 2013 BIO CEO and Investor Conference, to be held
February 11-12, 2013, at the Waldorf Astoria Hotel in New York. The
Conference is organized by the Biotechnology Industry Organization and is the
largest investor conference focused on established and emerging publicly
traded biotech companies.

Steve Lundy, President and CEO of Venaxis, will provide an overview of the
Company's business during his live presentation and will be available to
participate in one-on-one meetings with investors who are registered to attend
the conference.

Event:     BIO CEO and Investor Conference
Date:     Monday, February 11, 2013
Time:     4:00 pm (Eastern Time)
Location:  Park South, 4^th Floor; Waldorf Astoria Hotel; New York

The presentation will be webcast live. To access the webcast, please visit
the investor relations section of the Venaxis website at
http://ir.venaxis.com. The webcast replay will remain available for 90 days.

About Venaxis, Inc.

Venaxis, Inc. is an in vitro diagnostic company focused on the clinical
development and commercialization of its blood-based appendicitis test,
APPY1. The unique appendicitis test has projected high sensitivity and
negative predictive value and is designed to aid in the identification of
patients at low risk for acute appendicitis, allowing for more conservative
patient management. APPY1 is being developed initially for pediatric,
adolescent and young adult patients with abdominal pain, as this population is
at the highest risk for appendicitis and has the highest risk of long-term
health effects associated with CT imaging. For more information, visit
www.venaxis.com.

Forward-Looking Statements

This press release includes "forward-looking statements" of Venaxis, Inc.
("Venaxis") (formerly AspenBio Pharma, Inc.) as defined by the Securities and
Exchange Commission ("SEC"). All statements, other than statements of
historical fact, included in this press release that address activities,
events or developments that Venaxis believes or anticipates will or may occur
in the future are forward-looking statements. These statements are based on
certain assumptions made based on experience, expected future developments and
other factors Venaxis believes are appropriate in the circumstances. Such
statements are subject to a number of assumptions, risks and uncertainties,
many of which are beyond the control of Venaxis. Investors are cautioned that
any such statements are not guarantees of future performance. Actual results
or developments may differ materially from those projected in the
forward-looking statements as a result of many factors, including our ability
to successfully complete required product development and modifications in a
timely and cost effective manner, complete clinical trial activities for APPY1
required for FDA submission, obtain FDA clearance or approval, complete and
maintain CE Marking, cost effectively manufacture and generate revenues from
APPY1, execute agreements required to successfully advance the company's
objectives, retain the management team to advance the products, overcome
adverse changes in market conditions and the regulatory environment, obtain
and enforce intellectual property rights, and realize value of intangible
assets. Furthermore, Venaxis does not intend (and is not obligated) to update
publicly any forward-looking statements. The contents of this press release
should be considered in conjunction with the risk factors contained in
Venaxis' recent filings with the SEC, including its Form 10-Q for the period
ended September 30, 2012, filed on November 7, 2012.

For Investors & Media:
Joshua Drumm, PhD / Jason Rando
Tiberend Strategic Advisors, Inc.
(212) 827-0020
jdrumm@tiberend.com
jrando@tiberend.com

SOURCE Venaxis, Inc.

Website: http://www.venaxis.com