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Apr 20, 2009

Tandem Diabetes Care Announces Plans for New Corporate Headquarters

Tandem Diabetes Care Announces Plans for New Corporate Headquarters

SAN DIEGO, CA, April 20, 2009

Tandem Diabetes Care, Inc., a privately held company, today announced plans to move and expand its corporate headquarters in San Diego. The Company has signed a lease agreement and is currently building out a 20,000 square foot property located on Roselle Street, in the Sorrento Valley area of San Diego.

"The design of our new headquarters brings together the engineering and marketing groups – a philosophy that is also reflected in the design and development of our first infusion pump," said Kim Blickenstaff, Tandem president and chief executive officer. "Moving into our new headquarters is a significant step for our Company in aligning with our long-term goals."

Tandem's operations are currently housed in a facility in Laguna Hills, Calif. and in a temporary space in the University Towne Center area of San Diego. The Company anticipates taking occupancy of its new headquarters in July 2008. Terms of the lease were not disclosed.

About Tandem Diabetes Care, Inc.

Dedicated to advancing the management of diabetes, Tandem Diabetes Care, Inc. is an early-stage company using novel technology in the development of a medical device for insulin administration. Tandem is based in San Diego, Calif.