Capricor Therapeutics to Hold First Quarter 2014 Business Update Conference Call on May 15, 2014 at 4:30 p.m. Eastern Time

LOS ANGELES, May 14, 2014 (GLOBE NEWSWIRE) -- Capricor Therapeutics, Inc. (OTCBB:CAPR), a biotechnology company focused on developing novel therapeutics to prevent and treat heart disease, today announced that Company management will hold a conference call to discuss first quarter 2014 business highlights on Thursday, May 15, 2014, at 4:30 p.m. ET.

On the call, Dr. Linda Marbán, Chief Executive Officer, will review Capricor's recent accomplishments, provide an update on the clinical development program of the Company's lead product candidate, CAP-1002, and discuss other Company updates.

To access the call, please dial 1-877-407-4018 in the United States and 1-201-689-8471 internationally. The conference ID number for both is 13582990. A live webcast of the conference call will also be available on the Investors page of the Company's corporate website at http://www.capricor.com. Following the live webcast, an archive of the event will be available for at least 30 days from the date posted.

In addition, a telephonic replay of the call will be available until May 29, 2014. The replay dial-in numbers are 1-877-870-5176 for domestic callers and 1-858-384-5517 internationally. Please use event passcode 13582990.

About Capricor Therapeutics

Capricor Therapeutics, Inc. (CAPR), a publicly traded biotechnology company, is focused on the development of novel therapeutics to prevent and treat heart disease. The Company has two leading product candidates: CAP-1002 and Cenderitide. The Company was formed through the November 2013 merger between Capricor, Inc., a privately held company whose mission is to improve the treatment of heart disease by commercializing cardiac stem cell therapies for patients, and Nile Therapeutics, Inc., a clinical-stage biopharmaceutical company developing innovative products for the treatment of cardiovascular diseases. Capricor Therapeutics' stock began trading under the symbol "CAPR" December 20, 2013. For additional information visit www.capricor.com.

About CAP-1002

CAP-1002, Capricor's lead product candidate, is a proprietary allogeneic adult stem cell therapy for the treatment of heart disease. The product is derived from donor heart tissue. The cells are expanded in the laboratory using a specialized process and then introduced directly into a patient's heart via infusion into a coronary artery using standard cardiac catheterization techniques.

CAP-1002 is currently not an approved product and is strictly for investigational purposes.

CONTACT: Capricor Therapeutics, Inc.
         AJ Bergmann, VP of Finance
         +1-310-358-3200
         abergmann@capricor.com

         The Ruth Group
         Lee Roth (investors)
         lroth@theruthgroup.com
         (646) 536-7012

         Kirsten Thomas (media)
         kthomas@theruthgroup.com
         (646) 536-7014

Released May 14, 2014