Notice of Preliminary Results

Not for release, publication or distribution directly or indirectly, in whole or in part, in or into or from the United States of America (including its territories and possessions, any state of the United States, and the District of Columbia), Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan, or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

This press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in MyCelx Technologies Corporation ("MyCelx" or the "Company").

THE COMPANY'S COMMON SHARES HAVE NOT BEEN REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "US SECURITIES ACT") OR ANY STATE SECURITIES LAWS (THE "STATE ACTS") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS THE SECURITIES ARE REGISTERED UNDER THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS IS AVAILABLE.

27 February, 2012

MYCELX TECHNOLOGIES CORPORATION

("MyCelx" or the "Company")

(AIM: MYX)

Notice of Preliminary Results

MyCelx, a clean water technology company providing patented solutions for commercial industrial markets worldwide, will announce preliminary results for the period ended 31 December, 2011 on Tuesday 6th March 2012.

Enquiries

MyCelx Technologies Corporation

+1 888 306 6843

Connie Mixon - CEO

David Pattillo - CFO

Numis Securities Limited

 +44 20 7260 1000

Corporate Finance/Nominated Adviser

Alastair Stratton

Stuart Skinner

Corporate Broking

James Black

Ben Stoop

Pelham Bell Pottinger

+44 20 7861 3232

Mark Antelme

Nick Lambert

Henry Lerwill