AKESIS PHARMACEUTICALS ANNOUNCES COMPLETION OF ACQUISITION

Akesis Pharmaceuticals (formerly known as Liberty Mint) has completed the acquisition of Akesis Pharmaceuticals (Delaware) and named key employees and directors of the post merger company. On Dec. 9, 2004, Akesis Pharmaceuticals (Nevada) closed the merger of Ann Arbor Acquisition, a wholly owned subsidiary of Akesis Pharmaceuticals (Nevada), with and into Akesis Pharmaceuticals (Delaware).

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