The Company owns all rights to MT110 which is currently in a phase 1clinical trial for the

The Company owns all rights to MT110, which is currently in a phase 1clinical trial for the treatment of patients with solid tumors. The Company’sthird clinical stage antibody is adecatumumab, also known as MT201, atraditional human monoclonal antibody that targets EpCAM-expressing solidtumors. Micromet is developing adecatumumab in collaboration with Merck Seronoin a phase 1b clinical trial evaluating adecatumumab in combination withdocetaxel for the treatment of patients with metastatic breast cancer.Micromet licensed a fourth clinical stage antibody, MT293, to TRACONPharmaceuticals, Inc. MT293 is being developed in a phase 1 clinical trial forthe treatment of patients with cancer.

The Company’s preclinical programsinclude MT203 being developed in collaboration with Nycomed. MT203 is atraditional human antibody neutralizing the activity of granulocyte/macrophagecolony stimulating factor (GM-CSF), which has potential applications in thetreatment of inflammatory and autoimmune diseases, such as rheumatoidarthritis, psoriasis, or multiple sclerosis. Micromet has granted an exclusiveoption to Bayer Schering Pharma AG to license a BiTE antibody against anundisclosed solid tumor target. Additional BiTE antibodies, targeting CEA,CD33, Her2, EGFR and MCSP, respectively, are in different stages ofpreclinical development.Forward-Looking StatementsThis release contains certain forward-looking statements that involve risksand uncertainties that could cause actual results to be materially differentfrom historical results or from any future results expressed or implied bysuch forward-looking statements.

These forward-looking statements includestatements regarding planned publications of results from clinical trials withblinatumomab and adecatumumab, the efficacy, safety and intended utilizationof our product candidates, the conduct, timing and results of future clinicaltrials, and expectations of the future expansion of our product pipeline andcollaborations. You are urged to consider statements that include the words”ongoing,” “may,” “will,” “believes,” “potential,” “expects,” “plans,”"anticipates,” “intends,” or the negative of those words or other similarwords to be uncertain and forward-looking. DALLAS, May 20 /PRNewswire/ — ATX Group, one of the world’s leading providersof customized connected vehicle (telematics) services to global automobilemanufacturers, today announced Tom Metzger, a veteran of the automotiveelectronics industry, has joined as senior vice president over the company’sglobal sales and account management functions. (Logo: http://)Metzger comes to ATX after a distinguished 24-year career at Harman BeckerAutomotive Systems, the automotive division of Harman International, aworldwide manufacturer and distributor of high-quality, high fidelityaudio/video products and systems for the professional, consumer, andautomotive markets.

Most recently, Metzger was vice president of Harman Becker’s Asian businessunit, with responsibility for managing multiple, Japanese and Koreanautomobile manufacturers that operate globally. He also partnered with clientsto establish and develop successful global strategic brand partnerships.”Tom’s extensive automotive and electronic experience affirms our commitmentto attract a diverse group of experts from specialized areas who possess adeep understanding of our customers’ needs, have demonstrated an ability toquickly respond with solutions to meet those needs, and have a passion for theconnected vehicle space,” said Steve Millstein, ATX president.Metzger holds a bachelor of science degree in marketing from OaklandUniversity (Mich.).ABOUT ATX: ATX Group () is one of the world’s leading providers ofcustomized, connected vehicle services to global automobile manufacturers. ATXpioneered connected vehicle services in 1996, and today provides innovativesafety, security, communication, navigation and information services tovehicle owners through many of world’s most distinguished automotive brands,including Toyota, Lexus, BMW, Peugeot, Mercedes-Benz, Maybach, and Rolls-RoyceMotor Cars. ATX also customizes services to help automobile manufacturers and theiraffiliated dealerships use telematics data and multiple customer contactchannels to reduce costs, enhance vehicle servicing, and more closely managecustomer relationships and contacts with the vehicle through its lifetime. ATXoperates from Dallas-Fort Worth, Texas, and Dusseldorf, Germany.ATX is a division of Cross Country Automotive Services(), a leading provider of mobile assistance servicesto motorists and enhanced claims management services to automobile insurancecarriers.SOURCEATX GroupGary Wallace, Vice President, Corporate Relations of ATX Group,1-800-511-5891, or +1-972-753-6230, .

By Julie Haviv Bonds NEW YORK, May 20 (Reuters) – U.S. mortgage applicationsrose last week, reflecting an increase in demand for homerefinancing loans as interest rates trekked lower, data from anindustry group showed on Wednesday. However, demand for home purchase loans, an indicator ofhome sales, dropped The decrease may help gauge how thehard-hit U.S. housing market is faring this spring, the peakhome buying season. The Mortgage Bankers Association said its seasonallyadjusted index of mortgage applications USMGM=ECI, whichincludes both purchase and refinance loans, for the week endedMay 15 increased 2.3 percent to 915.9.