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NeuroMetrix, Inc. Announces Pricing on Initial Public Offering

July 22, 2004 - Waltham, MA

NeuroMetrix, Inc. (NASDAQ: NURO) announced today the pricing of its initial public offering of 3,000,000 shares of its common stock at $8.00 per share. All of the shares are being offered by the Company. The shares will be quoted on the Nasdaq National Market under the symbol "NURO" beginning today. The underwriters have a 30-day option to purchase from the Company up to 450,000 additional shares of common stock to cover over-allotments, if any. The representatives of the underwriters in the offering are Punk, Ziegel & Company and WR Hambrecht + Co.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on July 21, 2004. Copies of the final prospectus related to the offering may be obtained, when available, from Punk, Ziegel & Company, L.P., 520 Madison Avenue, 7th Floor, New York, NY 10022 (Main Phone: 212-308-9494; Main Fax: 212-308-2203).

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