Celsion To Hold Quarterly Conference Call Tuesday, February 28, 2006

February 21, 2006
Celsion To Hold Quarterly Conference Call Tuesday, February 28, 2006

Columbia, MD – February 21, 2006: CELSION CORPORATION (AMEX: CLN) announced today that it would hold its regular quarterly shareholders' conference call at 11:00 a.m. Eastern Time on Tuesday, February 28, 2006. To participate in the call, interested parties can dial 800-866-5043 (domestic) or 303-262-2190 (international), access code: 11054857, to register ten minutes before the call is scheduled to begin.

The call will be archived for replay on February 28, 2006 at 1:00 p.m. until Tuesday, March 7, 2006. The replay can be accessed at 800-405-2236 (domestic) or 303-590-3000 (international), access code: 11054857. The call will also be available on the Company's website, www.celsion.com for 90 days after 1:00 p.m. on Tuesday, February 28, 2006.

ABOUT CELSION: Celsion Corporation, based in Columbia, Maryland, is a biotechnology company dedicated to the development and commercialization of heat activated treatment systems for cancer.

Celsion has research, license or commercialization agreements with leading institutions such as the National Institute of Health, Duke University Medical Center, Massachusetts Institute of Technology, Harbor UCLA Medical Center, Montefiore Medical Center and Memorial Sloan-Kettering Cancer Center in New York City, Roswell Park Cancer Institute in Buffalo, New York, and Duke University. For more information on Celsion, visit our website: www.celsion.com.

Celsion wishes to inform readers that forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, unforeseen changes in the course of research and development activities and in clinical trials by others; possible acquisitions of other technologies, assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. In addition, Celsion's receipt of the royalty payments in connection with the sale of Celsion (Canada) depends upon the ability of Celsion (Canada) to develop the APA technology and bring products to market. This involves, among other risks of a new enterprise, financing, regulatory and market acceptance risks.

For Further Information Contact:

Tony Deasey
Celsion Corporation
410.290.5390
tony@celsion.com

General Info:
Marilynn Meek
Financial Relations Board
212-827-3773
mmeek@financialrelationsboard.com

Investor Info:
Susan Garland
212-827-3775
sgarland@financialrelationsboard.com