Biophan Technologies, Inc. Restructures Board In Connection With Application For Listing On National Exchange

ROCHESTER, N.Y.--(BUSINESS WIRE)--June 14, 2006--Biophan Technologies, Inc. (OTCBB: BIPH; FWB: BTN), a developer of next-generation medical technology, today announced that it is reducing the size of its board of directors from 7 to 5 members in order to have a majority of independent directors to satisfy one of the qualifications for listing on a major national stock exchange.

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