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First Quarter 2010 Results and Commercial and Clinical Update

May 6, 2010

Dear Shareholders,

The first quarter of 2010 was very strong for Cytori. In particular, we substantially grew product revenues, shipped more consumables per quarter than ever, launched a new product platform in the U.S. and completed several important objectives related to our pipeline.

Today, Cytori sells differentiated and proprietary products to the private-pay cosmetic surgery markets within the U.S., Europe, and Asia as well as innovative equipment for cell banking and research. In parallel, we are laying the foundation for future growth through advancements in our pipeline of therapeutic applications for our core product, the Celution® System. Celution® has been used by our physician customers to treat many debilitating or fatal medical conditions such as cardiovascular disease, non-healing and recalcitrant wounds from radiation injury, urinary incontinence and others.

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About This Blog
Visit our shareholder blog to get periodic updates on our company and products as well as occasional commentary on industry developments impacting our business. Members of management as well as other employees will also provide candid insight from time time. Enjoy, Tom

Blog entiries include forward-looking statements regarding events, trends and business prospects, which may affect our future operating results and financial position. Such statements are subject to risks and uncertainties that could cause our actual results and financial position to differ materially. Some of these risks and uncertainties are described under the "Risk Factors" in Cytori's Securities and Exchange Filings, including its annual report on Form 10-K. Cytori assumes no responsibility to update or revise any forward-looking statements contained in these notes to reflect events, trends or circumstances after the date of these blog entries.

Links to external websites and news and information sources may at times be provided. Any information, views or opinions expressed in these links do not necessarily represent the views of Cytori, nor can Cytori ensure the accuracy of any information contained in external links, in particular is it might relate to Cytori.
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