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Bio-Matrix Scientific Grp

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01/31/05 4:48 AM
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Re: #1: @Major_Bankz - News Out !
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01/27/05 2:00 AM
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BMXG.PK Bio-Matrix Scientific Group -BMXG- Anticipates Developing First Adult Oriented Stem Cell Bank Thursday January 27, 12:21 am ET SAN DIEGO--(BUSINESS WIRE)--Jan. 27, 2005--Bio-Matrix Scientific Group Inc. (BMXG) (Pink Sheets:BMXG - News) announced today plans to develop stem cell banks for the cryo-preservation of adult stem cells. The Company anticipates offering the opportunity for individuals to bank their own adult stem cells for future use in the fight against diseases such as diabetes, osteoporosis, and Parkinson's disease. Stem cell banking is the process by which cells taken from a liposuction or other procedure are stored (cryo-preserved) in a liquid nitrogen freezer at -320F (-196C) exclusively for the particular patient who banked them. The banked stem cells, frozen in suspended animation, can be preserved for the life of the individual. The ultra-cold temperature preserves the cells in such a way that the aging process is suspended, allowing the cells to retain the function and activity they had on the day they were collected and cryo-preserved. One of the key advantages of banking stem cells is that the cryo-preservation process stops the aging clock on the stored cells. This provides a source of stem cells that doesn't age along with the rest of your body. A good analogy might be the common practice of banking one's own blood for later use in an upcoming surgery. About Bio-Matrix Scientific Group Inc. Bio-Matrix Scientific Group Inc. is a development stage company in the business of medical devices and monitoring systems research, development and commercialization. Bio-Matrix Scientific Group Inc. is aligning itself with partners that offer key technologies in biomedical device development, tissue engineering, cell culturing, genome therapy and drug delivery systems. Other companies in the same industry as Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG - News) are StemCells Inc. (NASDAQ:STEM - News), Thermogenesis Corporation (NASDAQ:KOOL - News) and Regeneration Technologies Inc. (NASDAQ:RTIX - News). DISCLAIMER: This news release contains forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. -------------------------------------------------------------------------------- Contact: For Bio-Matrix Scientific Group Inc., San Diego David Koos, 619-702-1404 info@bio-matrix.org
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