Champions Oncology Inc. Receives Approval from U.S. Regulatory Authorities

Hackensack, NJ – May 18, 2012 – Champions Oncology Inc. announced today that it has received U.S. Clinical Laboratory Improvement Amendment (CLIA) certification from the Maryland Department of Health and Mental Hygiene Office of Health Care Quality required for the company to conduct medical laboratory tests.

The Company’s President, Ronnie Morris, MD commented, “Obtaining CLIA approval is a significant milestone for our Company. This approval validates the quality of our laboratory, which operates with a focus on providing high quality services. This certification will reinforce to both our patients and sponsors who utilize our technology that we are achieving the high standards we set as a Company.”