Market Overview

Unilife CEO to Purchase up to $1.0 Million in Company Shares


Unilife Corporation (NASDAQ: UNIS) today announced that its Chief Executive Officer, Alan Shortall, intends to purchase U.S. $500,000 in shares of the Company's common stock over the next week. Mr. Shortall intends to begin purchasing these shares this week at market prices forty-eight hours after the issuance of this release in the U.S.

Furthermore, Mr. Shortall has advised the Board of Directors of Unilife that he intends to purchase up to an additional U.S. $500,000 of the Company's common stock between now and September 30, 2011. Mr. Shortall intends to provide twenty-four hours advance notice to U.S. markets before purchasing these additional Unilife shares.

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