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Javelin Pharmaceuticals CEO Dr. Daniel Carr to Be Interviewed Live on MN1.com Radio

Interview Today at 1:30 p.m. E.D.T.

Cambridge, MA - July 19, 2006 - Javelin Pharmaceuticals, Inc. (OTCBB:JVPH and anticipated on AMEX:JAV 7/20/06), announced that its CEO and Chief Medical Officer, Daniel B. Carr MD, will be interviewed live on Market News First Radio (www.MN1.com) today, July 19, 2006 at 1:30pm E.D.T . The interview will be conducted by MN1.com's online radio team, Dick Hunter and Mike the Analyst.

Dr. Carr, a leading authority on pain management, will provide listeners with an overview of Javelin Pharmaceuticals, Inc. focused on its three late stage drug candidates for treatment of acute pain. The interview will also discuss potential near-term catalysts for corporate growth.

To access the interview live, log onto www.MN1.com and click on the "listen now" button in the upper right hand quadrant of your computer screen.

About Javelin

With corporate headquarters in Cambridge, MA, Javelin applies innovative proprietary technologies to develop new drugs and improved formulations of existing drugs to target unmet and underserved medical needs in the pain management market. The Company has two drug candidates in Phase III clinical development and one in late Phase II. One of these Phase III drug candidates, Dyloject, is currently under review for Marketing Authorization Application (MAA) approval in Europe. Previous clinical trials have demonstrated its safety and rapid onset of action. For additional information about Javelin, please visit the company's website at http://www.javelinpharmaceuticals.com or contact us directly.

About MN1.com

Market News First is an online market news provider offering sophisticated investors timely important breaking news on the global capital markets that they can profit from. Market News First is the only online live radio web site that brings investors real market news and features direct from companies ranging from the OTC Bulletin Board to the NYSE.

Through daily live pressers we keep you current on the news of established companies while also bringing the investing public many of the newest investment opportunities the capital markets have to offer. Market News First's one-on-one interviews with the Presidents and CFOs of public companies, broadcasted on our website, delivers answers to pressing questions investors would ask management themselves and provides insight into the where a Company is today and where it may be headed in the near future.

Forward Looking Statement

This news release contains forward-looking statements. Such statements are valid only as of today, and we disclaim any obligation to update this information. These statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes. Drug discovery and development involve a high degree of risk. Factors that might cause such a material difference include, among others, uncertainties related to the ability to attract and retain partners for our technologies, the identification of lead compounds, the successful preclinical development thereof, the completion of clinical trials, the FDA review process and other governmental regulation, our ability to obtain working capital, our ability to successfully develop and commercialize drug candidates, and competition from other pharmaceutical companies.

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Investor & Media Contact:
Frederick E. Pierce II, VP Investor Relations
Javelin Pharmaceuticals, Inc.
T: 617-349-4500
E: rpierce@javelinpharmaceuticals.com

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