Concerned Stockholders Launch Save Vermillion! Website: www.savevrml.com

   Concerned Stockholders Launch Save Vermillion! Website: www.savevrml.com

- Robert S. Goggin Outlines Five Point Turnaround Plan for Vermillion

- The Group Provides Comprehensive Analysis of OVA1

PR Newswire

PHILADELPHIA, Feb. 1, 2013

PHILADELPHIA, Feb. 1, 2013 /PRNewswire/ -- George Bessenyei, Gregory V. Novak,
and Robert S. Goggin (the "Group") today launched their website,
www.savevrml.com, to provide all stockholders access to relevant information
concerning Vermillion Inc.'s (the "Company" or "Vermillion") contested 2012
Annual Stockholder meeting (the "2012 Annual Meeting").

The road to forcing Vermillion's Board to schedule the annual meeting has been
anything but easy, short, or smooth. Almost a year ago, on February 15, 2012,
the Group announced its intention to nominate Robert S. Goggin as Director
Nominee for the 2012 Annual Meeting. After a series of dodge ball tactics by
the Board and Gail Page, more recently, on January 9, 2013, Bessenyei filed a
complaint in the Delaware Chancery Court ("Court"), asking the Court to order
the Company to call and hold an annual meeting of stockholders at the earliest
practicable date. This maneuver was necessary, given what the Group believes
was management's stonewalling, to finally force the Company to abide by its
own Bylaws, Delaware law and to avoid a NASDAQ delisting process, and call the
2012 meeting. After the complaint was filed, the Company finally set the
meeting date for March 21^st, 2013.

In order to provide more information to stockholders, the Group today launched
its website. Major topics include:

  oRobert S. Goggin's Five Point Turnaround Plan for Vermillion
  oComprehensive analysis of OVA1 and its market potential
  oBiography of Group members
  oTimeline of events leading to the 2012 Annual Meeting
  oCompensation counter tracking the benefits provided to Vermillion
    Directors over the past several years, currently standing at a staggering
    $13,176,632
  oThe Reverse Midas Touch: Chairman James S. Burns' track record at public
    companies*

Visit our webpage today!

The Group's proxy statement (the "Group Proxy Statement"), filed on January
29, 2013, is available free of charge at www.sec.gov. The Group Proxy
Statement will first be sent or given to stockholders on or about February 6,
2013. Stockholders are advised to read the Group Proxy Statement and the
other documents relating to the Group's solicitation of proxies by members of
the Group from stockholders of the Company for use at its 2012 Annual Meeting
because they contain important information.

*(James S. Burns serves as Chairman of the Board at Vermillion; he is also a
Director at Symmetry Medical, Inc. and Chief Executive Officer at AssureRx
Health, Inc.)

Stockholders please contact Okapi Partners LLC
Patrick McHugh / Geoff Sorbello
(212) 297-0720

Concerned Vermillion Stockholders
T: 561-444-8180
Email: concerned_vrml@googlegroups.com

SOURCE Concerned Vermillion Stockholders

Website: http://www.savevrml.com
 
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