Biophan Technologies, Inc. Investors Approve $11 Million Transaction With Medtronic, Inc. and Biophan Acquires Majority of Novel Circulatory Support Company

PITTSFORD, NY--(Marketwire - October 05, 2007) - Biophan Technologies, Inc. (OTCBB: BIPH), a developer of next-generation biomedical technology, today announced two transactions that uniquely position the Company to address the unmet needs for the multi-billion market opportunity for treating acute heart failure.

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