CryoPort (OTCBB: CYRX) Initiated at Outperform by Zacks Research

ryoPort, Inc. (OTCBB: CYRX), a provider of technology-driven transport and packaging systems focused on the frozen shipping market, operating in the same basic industry as companies like Greif, Inc. (NYSE: GEF) and Silgan Holdings Inc. (Nasdaq: SLGN), was recently initiated with an Outperform by Zacks Research.

CryoPort, Inc. (OTCBB: CYRX), a provider of innovative transport and packaging systems focused on the $400 million global life sciences frozen shipping market, was recently initiated with an Outperform by Zacks Research. The analyst issued the new rating with a price target of $3.85 per share, which represents a significant premium over the current $1.37 per share market price.

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http://finance.yahoo.com/news/Next-Generation-Frozen-zacks-2477577081.html?x=0&.v=1

About CryoPort, Inc.

CryoPort (www.cryoport.com) has developed a leading edge, proprietary, technology-driven transport and packaging system focused on providing a solution that replaces dry ice for the frozen shipping market in the growing global life science industry. The products developed by CryoPort have a 10+ day holding time, are using “green” materials and are essential components of the infrastructure required for the testing, research and end-user delivery of temperature-sensitive medicines and biomaterials in an increasingly complex global logistical environment.