LINCOLNSHIRE, ILLINOIS–(EMWNews – Aug. 5, 2008) – THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

MonoGen, Inc. (TSX:MOG) (the “Corporation”) today announced plans to release financial results for the three-month period ended June 30, 2008, after the market closes on Tuesday, August 12, 2008. MonoGen will host a conference call and simultaneous webcast that afternoon at 3:15 P.M. CDT to review the results. Both the call and webcast are open to the general public.

To participate via telephone, please call at least 15 minutes prior to the start of the event.

Conference Call:
North America:   (877) 627-6562
International:   (719) 325-4877

Webcast:
To participate via the web, access the webcast through the company's 
website at www.monogen.com.

A replay of the conference call will be made available approximately two 
hours after the end of the meeting and available through the following 
numbers:

Replay: (Available until midnight, Tuesday, August 19, 2008)
North America:    (888) 203-1112
International:    (719) 457-0820
Replay Passcode:  2246723

The webcast will also be archived at www.monogen.com.

Forward-Looking Statements

This press release contains forward-looking statements. Statements preceded by the words believe, expect, anticipate, plan, intend, continue, estimate, may, will, and similar expressions are forward-looking statements. Forward-looking statements are based on our beliefs and assumptions based on information available at the time the assumptions were made. Forward-looking statements relate to, among other things, anticipated financial performance, business prospects, strategies, regulatory developments, new services, market forces, commitments and technological developments. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause our actual results to differ materially from the anticipated results or other expectations expressed. Those risks and uncertainties include, but are not limited to, our ability to raise additional capital, our ability to execute our business plan while maintaining at all times our various regulatory approvals, and the response from existing and potential competitors. Additional discussions of the various risks are contained in our Annual Information Form dated March 19, 2008, which is available on SEDAR (www.sedar.com). Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this document.