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10/29/06 1:03 AM

#1537 RE: pennies_101 #1536

The judges examined each company's stability, management team and innovation to determine how different it was from the competitors, said John Garcia, O.C. Innovation's chairman of the board.

LifeStem Inc.

While the debate over embryonic stem research rages on, LifeStem Inc. is banking on advancements in adult stem cells.

This year it partnered with Solana MedSpas to offer the Stem Cell MicroBank Program, a new system for collecting and storing adult stem cells. Starting at $3,500, individuals can harvest their own adult stem cells for possible use later in life to fight a disease. The process requires four visits where about 13.5 ounces of blood and 1.5 ounces of adipose tissue, the fat tissue just under the outer layer of abdominal skin, will be taken over a 12-month period. The cells are stored and frozen by Lifestem.

The judges saw many companies under this category that could potentially be huge, but LifeStem's MicroBank "was a product and innovative science technology that could be brought to the market today," Garcia said