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CeMines Inc. Presented With "Innovative Technology Award" For 2004 By Jefferson Economic Council 
10/19/2005 5:13:10 PM

GOLDEN, Colo., March 31 /PRNewswire/ -- CeMines(TM) Inc. announced today it is the recipient of the Jefferson Economic Council's 2004 "Innovative Technology Award," which annually honors "significant contributions to the economic vitality of Jefferson County, Colorado."

The JEC's award -- given to CeMines this morning at the Twelfth Annual Industry Appreciation Breakfast at the Arvada Center for the Arts and Humanities -- was accepted by CeMines' founder and Chairman, Richard Cavalli, as well as the Company's Co-Chairman, Bailey Dotson, and CeMines' President and CEO, Roger Attick. Messrs. Cavalli and Dotson played key roles in evolving CeMines from a fledgling start-up to a company with great promise. In March 2004, Cavalli and Dotson approached Attick because of his extensive experience, and persuaded Roger Attick to join CeMines to "take the keys and drive CeMines to the next level as an emerging growth company," said Mr. Cavalli.

CeMines announced in September 2004 that it had completed a major expansion of its business operations by relocating its corporate headquarters and BioSystems Division from Evergreen, Colorado, to a substantially larger facility in Golden, at the Genesee Business Park, 603 Park Point Drive. CeMines is evaluating expanding into contiguous space, which will enable the Company to expand seamlessly, avoiding disruption to Company operations. CeMines is also evaluating -- in eastern Jefferson County -- space for its cancer diagnostic kit production, assembly and shipping operation. CeMines has now reached the double-digits in number of employees at the Golden facility, with the expectation that the Company will be hiring additional employees in the second half of this year as it proceeds with worldwide commercialization of its first cancer-diagnostic product.

"Bailey and I are watching our dreams materialize," said Richard Cavalli. "To look back to my first meeting with CeMines' chief scientific officer, Dr. Tom Neuman, and to see the significant progress the Company has made is an affirmation of why we set down this path. We made the right decision," added Cavalli. "Roger Attick has done an absolutely tremendous job in just one short year as CEO. Under his leadership, CeMines has grown from four people to 25 people, and we are now positioned to soon file for 510(k) clearance with the FDA and begin manufacturing operations."

"In my opinion, there was never any doubt that the majority of our business operations' growth would be in Colorado," added CEO Attick. "Colorado is a wonderful place to live. It has a tremendous diversity in its workforce, and I look forward to CeMines participating in the economic transformation of Jefferson County and the front range of Colorado. We at CeMines feel the energy and momentum for success in Jefferson County."

About Jefferson Economic Council

Jefferson Economic Council (JEC), a public/private not-for-profit partnership serving Jefferson County, is one of the oldest and largest economic development organizations in Colorado. The organization concentrates on creating, expanding, and retaining high-paying primary jobs that fuel the economic health and vitality of the community. To learn more about JEC, visit: http://www.jeffco.org/.

About CeMines(TM)

CeMines(TM) Inc. is a Life Sciences company specializing in molecular biology research-and-development, which is principal to commercialization of novel clinical products for worldwide use in diagnosis, treatment and prevention of cancer. CeMines' headquarters is in Golden, Colorado. For more information, please visit: http://www.cemines.com/.

CeMines(TM) Inc.

CONTACT: Ronald Trahan, APR of Ronald Trahan Associates Inc.,+1-781-762-9782, ext. 18