Neothetics to Release First Quarter 2015 Financial Results, Host Annual Stockholder Meeting

SAN DIEGO, May 7, 2015 (GLOBE NEWSWIRE) -- Neothetics, Inc. (Nasdaq:NEOT), a clinical-stage specialty pharmaceutical company developing therapeutics for the aesthetic market, today announced that it will release its first quarter 2015 financial results before the market opens on Thursday, May 14, 2015.

Neothetics also invites stockholders to attend its 2015 Annual Meeting, which will be held on June 16, 2015, at 9:00 a.m. Pacific Time in San Diego, CA. Details regarding matters to be presented at the Annual Meeting are fully described in Neothetics' Proxy Statement, filed with the Securities and Exchange Commission on April 30, 2015 and available via the SEC, Neothetics' website or at http://www.pstvote.com/neothetics2015/.

To receive Neothetics' press releases and other investor information, please go to the Investor Relations page of the company's website at investors.neothetics.com and register for email alerts.

About Neothetics, Inc.

Neothetics is a clinical-stage specialty pharmaceutical company developing therapeutics for the aesthetic market. The lead product candidate, LIPO-202, is for central abdominal bulging due to subcutaneous fat in non-obese subjects, an indication for which there is no FDA-approved drug. If approved, LIPO-202 may be a best-in-class non-surgical, non-ablative procedure and first-in-class injectable formulation for localized fat reduction and body contouring. For more information on Neothetics, please visit www.neothetics.com.

Neothetics, LIPO-202, LIPO-102 and the Neothetics logo are trademarks or registered trademarks of Neothetics, Inc. Other names and brands may be claimed as the property of others.

CONTACT: COMPANY CONTACT: Susan A. Knudson Chief Financial Officer 858-750-1008 sknudson@neothetics.com INVESTOR CONTACT: Fara Berkowitz, PharmD Investor Relations and Corporate Strategy fberkowitz@neothetics.com MEDIA CONTACT: Margaux Stack-Babich Canale Communications 619-849-5385 margaux@canalecomm.com