Momentum Players

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Shakers, the first run had no news and it has held with very little sell pressure. Someone absorbed a large portion of the float. Now CLBE has based and is ready for the volume/news.

My DD tells me news it due. The companies revenue has been growing steadily each Q and their test deal with Medspas is only for 6 locations. If they land the whole chain the stock will see considerable gains IMO. The Medspa industry is growing like rabbits $#$@

CalbaTech's Subsidiary, LifeStem, Inc., Contracts With Solana MedSpas to Exclusively Offer Its Stem Cell Microbank(TM) to Bank Adult Stem Cells Through Solana MedSpas' National Network
Tuesday December 20, 5:00 am ET


IRVINE, Calif., Dec. 20 /PRNewswire-FirstCall/ -- CalbaTech, Inc. (OTC Bulletin Board: CLBE - News), an emerging life sciences company (http://www.CalbaTech.com) concentrating on providing products and platforms to the research market for biotech and pharmaceutical companies and to academic institutions, today announced that its wholly owned subsidiary, LifeStem, Inc., has reached an agreement with Solana MedSpas (http://www.solanamedspas.com), the nation's foremost developer and syndicator of medical spas, to exclusively offer LifeStem's Stem Cell MicroBank(TM) Service through Solana MedSpas' national network.
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In the definitive agreement, LifeStem's Stem Cell MicroBank(TM) will initially be offered in six Solana MedSpas network locations in Southern California. Solana MedSpas expects to have as many as 70 locations open by the end of 2006 and intends to offer the Stem Cell Microbank Service at all locations. "We are extremely pleased that we have formalized an agreement with Solana MedSpas," says LifeStem President Dan Fulkerson, "and are confident that many individuals within the Solana MedSpas client base will take advantage of our Stem Cell MicroBank(TM) Service."

Fulkerson continued, "By beginning with six locations and by adding new locations as Solana MedSpas debuts them, our conservative estimates over the first 12 months of operations project revenues in excess of $3 million, with the potential to exceed $25 million in the next couple of years. We're looking forward to expanding our microbanking model into the growing Solana MedSpas network."

In addition to serving the Solana MedSpas client base, LifeStem is planning an aggressive marketing program of its Stem Cell Microbank(TM) Service, outside of Solana's efforts, which will reach more potential clients.

"We are delighted to finalize our agreement with LifeStem," says John Buckingham, CEO and co-founder of Irvine, Calif.-based Solana MedSpas. "We are now ready to move to the beta test phase at selected medspa locations," Buckingham adds, noting that Solana MedSpas will the first medspa network to offer an adult stem cell collection service. "As Solana MedSpas continue to orchestrate the marriage of healthcare product innovation with our ever expanding medspa distribution channel, the addition of LifeStem's Stem Cell MicroBank(TM) Service to our locations, not only positions Solana MedSpas as unique vis-a-vis the competition, but it represents the next logical step in the realization of our vision and mission as a syndicator of medical spas."

About CalbaTech

CalbaTech, Inc. (OTC Bulletin Board: CLBE - News) is an emerging life sciences company (http://www.CalbaTech.com) concentrating on providing products and platforms to the research market for biotech and pharmaceutical companies and to academic institutions.

About LifeStem

LifeStem, a wholly owned subsidiary of CalbaTech, is positioning itself to become a leading supplier of "Cellular Logistics." The Company's focus is to provide services and technologies to facilitate the efficient acquisition and delivery of adult stem cells, development of stem cell delivery devices for clinical applications and clinical applications of specific stem cell based therapies. LifeStem, in addition to being the first company to offer micro collection of stem cells, is also the first company to offer a collection service that collects and stores two different types of stem cells. The Company has filed patent applications for an endoscopic stem cell delivery device and its novel Stem Cell MicroBank(TM) service.

About Solana MedSpas

Founded in July 2003, Solana MedSpas is the nation's innovative leader in the development and syndication of medical spas. Solana MedSpas has created a new market segment by combining aesthetic healthcare with the spa movement, coming from the medical and educational side rather than the spa side. Solana MedSpas makes its proprietary content simultaneously available to its growing distribution network of uniquely branded medical spa facilities all over North America. Solana MedSpas provides the industry's only model for legally compliant, competitive, and forward-thinking business in all 50 states.


Contact:
Paul Knopick E&E Communications
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Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.