Pain Therapeutics to Present at the Jefferies 2014 Global Healthcare Conference

Pain Therapeutics to Present at the Jefferies 2014 Global Healthcare
Conference

AUSTIN, Texas, May 27, 2014 (GLOBE NEWSWIRE) -- Pain Therapeutics, Inc.
(Nasdaq:PTIE) today announced that management will present at the Jefferies
2014 Global Healthcare Conference on Tuesday, June 3, 2014 at 10:00 a.m.
Eastern Time at the Grand Hyatt Hotel in New York City.

Those interested in listening to the presentation live via the internet may do
so by visiting the Company's website at www.paintrials.com. A replay of the
presentation will be available on the website for approximately two weeks
following the presentation.

About Pain Therapeutics, Inc.

Pain Therapeutics, Inc. is a biopharmaceutical company that develops novel
drugs. The FDA has not approved any of our drug candidates for commercial
sale. For more information, please visit www.paintrials.com.

CONTACT: For More Information Contact:
        
         Peter S. Roddy
         Vice President and Chief Financial Officer
         Pain Therapeutics, Inc.
         proddy@paintrials.com
         (512) 501-2450
        
         Barbara Ryan
         FTI Consulting
         barbara.ryan@fticonsulting.com
         (212) 850-5679
 
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