Cardio3 BioSciences Announces Results of Annual Shareholder Assembly 2015 and Confirmation of Name Change to Celyad

MONT-SAINT-GUIBERT, Belgium, May 5, 2015 (GLOBE NEWSWIRE) -- Cardio3 BioSciences ("the Company") (Brussels:CARD) (Paris:CARD) a leader in the discovery and development of engineered cell therapies, today announced that all resolutions presented at the Company's Annual Shareholder Assembly were duly passed at the meeting, which was held today at 09:00 CET.

As a result, the Company's proposed name change to "Celyad" is now confirmed, effective immediately. The new corporate website is available online at www.celyad.com. Furthermore, as of 09:00 CET on 6 May 2015, the Company will trade on the Euronext Brussels and Paris regulated markets under the symbol CYAD, replacing former symbol CARD. No specific action is required from our shareholders following this symbol change.

The Company is also pleased to announce that copies of the 2014 Annual Report and Accounts will be made available to shareholders on the "Investors" section of the Company's website at www.celyad.com, and paper copies will be made available upon request to the Company.