CAPS Capstone Therapeutics Corp (MM)

Capstone Therapeutics (Nasdaq:CAPS) (the "Company") reminds stockholders that its Annual Meeting is scheduled for Monday June 6, 2011 and encourages all eligible stockholders (stockholders of record on April 21, 2011) to vote. Brokers are no longer allowed to vote without instructions on the election of directors, making it very important for all stockholders to vote to insure sufficient votes are present to achieve a quorum. Without a quorum, the meeting cannot be convened and will be rescheduled. Stockholders are requested to either return their proxy cards in the envelope provided with the previously delivered proxy materials or vote on www.proxyvote.com.

Copies of the Company's proxy materials are available under the Investors section (SEC Filings or Annual Reports) of the Company's website at www.capstonethx.com.

Capstone's corporate headquarters are in Tempe, Arizona. For more information, please visit the Company's website: www.capstonethx.com.

The Capstone Therapeutics logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5429

Editor's Note: This press release is also available under the Investors section of the Company's website at www.capstonethx.com.

CONTACT: Karen Struck, Investor Relations
         (602) 286-5250
         kstruck@capstonethx.com
         
         Lauren Glaser - The Trout Group
         (415) 392-3310
         lglaser@troutgroup.com