TORONTO -- (MARKET WIRE) -- March 05, 2007 -- Generex Biotechnology Corporation (NASDAQ: GNBT), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, announced today that the Company participated in the 38th Image Awards of the National Association for the Advancement of Colored People held in Los Angeles, CA on Friday, March 2, 2007, where its pipeline of diabetes products were featured.