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Unassociated Document Company Contact: Investor Relations Contact : Senesco Technologies, Inc. FD Jack Van Hulst Brian Ritchie Chief Executive Officer ( brian.ritchie@fd.com ) ( jvanhulst@senesco.com ) (212) 850-5600 (73

Key Takeaway: Company Contact: Investor Relations Contact : Senesco Technologies, Inc. FD Jack Van Hulst Brian Ritchie Chief Executive Officer ( brian.ritchie@fd.com ) ( jvanhulst@senesco.com ) (212) 850-5600 (732) 296-8400 SENESCO INSIDERS PURCHASE SENESCO SECURITIES HELD STANFORD VENTURE

Full Press Release Details

Company Contact: Investor Relations Contact :
Senesco Technologies, Inc. FD
Jack Van Hulst Brian Ritchie
Chief Executive Officer ( brian.ritchie@fd.com )
( jvanhulst@senesco.com ) (212) 850-5600
(732) 296-8400
SENESCO INSIDERS PURCHASE SENESCO SECURITIES HELD
STANFORD VENTURE CAPITAL HOLDINGS
BRUNSWICK, N.J. - February 22, 2010 - Senesco Technologies, Inc. ("Senesco"
or the "Company") (NYSE Amex US: SNT) reported today that
certain insiders of Senesco Technologies, Inc., a Delaware corporation,
purchased all of the convertible debentures, warrants and common stock of the
Company which are held by Stanford Venture Capital Holdings, Inc.
closing of this transaction fortifies our shareholder base, and should enable us
to more easily attract suitable financing," said Harlan Waksal, M.D., Senesco's
Chairman of the Board. "This agreement is also representative of the
significant confidence the Board has in the Company's prospects."
Senesco Technologies, Inc.
Technologies, Inc. is a U.S. biotechnology company, headquartered in New
Brunswick, NJ. Senesco has initiated preclinical research to trigger or delay
cell death in mammals (apoptosis) to determine if the technology is applicable
in human medicine. Accelerating apoptosis may have applications to development
of cancer treatments. Delaying apoptosis may have applications to certain
inflammatory and ischemic diseases. Senesco takes its name from the scientific
term for the aging of plant cells: senescence. Delaying cell breakdown in plants
extends freshness after harvesting, while increasing crop yields, plant size and
resistance to environmental stress. The Company believes that its technology can
be used to develop superior strains of crops without any modification other than
delaying natural plant senescence. Senesco has partnered with leading-edge
companies engaged in agricultural biotechnology and earns research and
development fees for applying its gene-regulating platform technology to enhance
its partners' products. Certain statements included in this
press release are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results could differ materially
from such statements expressed or implied herein as a result of a variety of
factors, including, but not limited to: the ability of the Company to consummate
additional financings; the development of the Company's gene technology; the
approval of the Company's patent applications; the successful implementation of
the Company's research and development programs and joint ventures; the success
of the Company's license agreements; the successful conversion of the Company's
letter of intent into a license agreement; the acceptance by the market of the
Company's products; success of the Company's preliminary studies and preclinical
research; competition and the timing of projects and trends in future operating
performance, as well as other factors expressed from time to time in the
Company's periodic filings with the Securities and Exchange Commission (the
"SEC"). As a result, this press release should be read in conjunction with the
Company's periodic filings with the SEC. The forward-looking statements
contained herein are made only as of the date of this press release, and the
Company undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Last updated: Feb 22, 2010