Re Distribution Agreement

Embargoed: 0700hrs 5 September 2005 Akers Biosciences Inc. ('Akers' or the 'Company') Major Distribution Agreement Thorofare, NJ, USA-September 05, 2005--Akers Biosciences Inc. (LSE:AKR) is delighted to announce that it has signed an agreement with the Medical Products and Services Business Unit of Cardinal Health ('Cardinal') to distribute Akers' PIFA® Heparin / Platelet Factor-4 Rapid Assay. Cardinal had previously taken an initial stock of inventory, and will begin operations with the Akers' product this month. Currently Akers has limited sales representatives exclusively marketing this product in the U.S. Although the Cardinal organization will not be marketing this product alone, it will nevertheless transform the scale of personnel marketing the product and the regions in which Akers is able to penetrate. Dr. Ray Akers, CEO of Akers Biosciences said, 'Today's agreement represents the most significant step to date in our strategy to penetrate a large segment of the U.S. healthcare market. There is a clear medical need for our breakthrough test for Heparin / Platelet Factor-4 antibodies. This alliance with Cardinal is all about making our product widely available to hospitals across the U.S., and greatly increasing our share of voice in the marketplace.' Information on thePIFA®HPF-4 antibody test and heparin The PIFA® HPF-4 antibody test is designed to identify patients at risk for developing heparin-induced thrombocytopenia and thrombosis syndrome (HITTS), a severe allergic-like side effect associated with the use of the anticoagulant heparin. The distribution agreement announced today will allow the Company to introduce the PIFA® HPF-4 test into hospitals where heparin is administered during surgical and other medical procedures. Heparin is the most widely used intravenous anticoagulant and one of the most widely prescribed drugs in the United States. More than 1 trillion units are administered annually to approximately 12 million patients. Intravenous heparin is commonly used for the prophylaxis and treatment of thromboembolic disease, as well as numerous other applications including certain types of lung and heart disorders, and during or after a variety of surgeries including open heart, bypass, dialysis and orthopedic procedures. Heparin is also used for diagnostic and therapeutic interventional radiologic procedures. Patients with recent exposure to heparin are at a much greater risk for developing HITTS, than are those not having previously been given the drug. The presence of Heparin/PF-4 antibody is associated with patients at risk for HITTS, and is rapidly becoming a standard of care in hematology and cardiology. HITTS is caused by heparin-dependent antibodies, which form to the Heparin Platelet Factor-4 complex, and 1-5% of adults exposed to heparin develop these antibodies. These antibodies are initially formed when a patient has been on heparin therapy for five or more days. An immune response to a heparin dose may be observed sooner (1-2 days) if the patient has had previous exposure to heparin. The hallmark symptoms of HITTS are a drastic fall in platelet count and thrombosis. Other symptoms may include cutaneous reactions, from a simple allergic reaction to lesions to necrosis. The PIFA® HPF-4 Antibody Assay is a rapid manual assay and can be easily performed when immediate results are required. Because of the rapid progression of HITTS and its serious potential outcomes, a rapid test result can significantly impact the clinical intervention of these patients. Cardinal Health Cardinal Health (www.cardinal.com) is the leading provider of products and services supporting the health care industry. Headquartered in Dublin, Ohio, Cardinal employs more than 50,000 people on five continents and produces annual revenues of more than $50 billion. Cardinal is ranked No.17 on the current Fortune 500 list and named one of the best U.S. companies by Forbes magazine for 2004. The Medical Products and Services group ('MPS') serves hospitals, surgery centers, laboratories, clinics, physician group practices, long-term and sub-acute care facilities, home-care companies and other healthcare providers. MPS manufactures many products, while others come from leading health and medical companies around the world. In addition, MPS helps medical professionals control healthcare costs and improve inventory management through a range of integrated supply-chain services including procedure-based supply packaging, just-in-time delivery and others. MPS is staffed with 135 sales representatives and a comprehensive distribution organization. Akers Biosciences Akers Biosciences, Inc. develops, manufactures, and supplies rapid, point of care screening and testing products designed to bring healthcare information both rapidly and directly to the patient or healthcare provider. The Company has advanced the science of diagnostics while responding to major shifts in healthcare through the development of several proprietary platform technologies. The company's state-of-the-art rapid diagnostic assays can be performed virtually anywhere in minutes when time is of the essence. Akers has aligned with major healthcare companies and high volume medical products distributors to maximize product offerings, and to be a major worldwide competitor in diagnostics. Additional information on the Company and its products can be found at www.akersbiosciences.com. Enquiries: Dr. Ray Akers Chief Executive Officer, Akers Biosciences, 020 7917 9476 Inc. Paul Freedman 001 856 848 8698 Chief Financial Officer, Akers Biosciences, Inc. Xavier DeMol Robert W. Baird, Ltd. 020 7667 8246 Bill Roberts CTC, Inc. 001 937 434 2700 Ben Simons Hansard Communications 020 7245 1100
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