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Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of PolarityTE, Inc. Investors

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National securities litigation law firm Glancy
Prongay & Murray LLP
("GPM") announces that a class action
lawsuit has been filed on behalf of investors that purchased or
otherwise acquired the securities of PolarityTE, Inc. ("PolarityTE" or
the "Company") (NASDAQ: COOL)
between March 31, 2017 and June 22, 2018, inclusive (the
"Class Period"). PolarityTE investors have until August 27, 2018 to
file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here
to participate.

Investors that suffered losses on their PolarityTE investments are
encouraged to contact Lesley Portnoy of GPM to discuss their legal
rights in this class action at 310-201-9150 or by email to shareholders@glancylaw.com.

On June 25, 2018, Citron Research published a report alleging that
PolarityTE is a "fraud," accusing it of failing to disclose that its key
technology has been rejected patent status by the United States Patent
and Trademark Office. Citron Research further noted that PolarityTE
failed to disclose its patent rejection in its subsequent SEC filings.
On this news, PolarityTE's stock fell sharply on June 25, 2018, thereby
injuring investors.

The complaint filed in this class action alleges that throughout the
Class Period defendants made false and/or misleading statements, as well
as failed to disclose material adverse facts about PolarityTE's
business, operations, and prospects. Specifically, defendants made false
and/or misleading statements and/or failed to disclose material
information pertaining to a number of topics, including: (1) the status
of Patent #14/954,335 at the time it was acquired by PolarityTE on April
7, 2017 and the months following; (2) the updated status of Patent
#14/954,335 after its June 4, 2018 final rejection by the U.S. Patent
Trademark Office; and (3) as a result of the foregoing, PolarityTE's
publicly disseminated financial statements were materially false and
misleading.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased shares of PolarityTE during the Class Period you may
move the Court no later than August 27, 2018 to ask the
Court to appoint you as lead plaintiff. To be a member of the Class you
need not take any action at this time; you may retain counsel of your
choice or take no action and remain an absent member of the Class. If
you wish to learn more about this action, or if you have any questions
concerning this announcement or your rights or interests with respect to
these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925
Century Park East, Suite 2100, Los Angeles California 90067 at
310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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