Amazon Biotech Announces Appointment Of Former Managing Director Of Bear Stearns And Oppenheimer & Partner At Shearson American Express As Financial & Business Advisor

NEW YORK, NY -- (MARKET WIRE) -- August 16, 2006 -- Amazon Biotech, Inc. (OTCBB: AMZB) (FRANKFURT: B2D) today announced that it has signed a Letter of Agreement with Rohit Phansalkar to serve as Business and Financial Advisor to help improve the structure and capital position of the Company.

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