Immunovative Therapies, Ltd. Announces That Dr. Michael Har-Noy Has Been Invited to Speak at the 5th World Cancer Congress in Beijing, China

NEW YORK, NY--(Marketwire - May 16, 2012) - Immunovative, Inc. ("IMUN") (OTCBB: IMUN) today announced that Dr. Michael Har-Noy, the Founder and Chief Executive Officer of Immunovative Therapies, Ltd., has been invited to make a presentation at the 5th World Cancer Congress to be held on May 18-20, 2012 in Beijing, China. Dr. Har-Noy will speak on Tumor Immunology and Immunotherapy, based upon his expertise and worldwide reputation in Cancer Immunology.

Dr. Michael Har-Noy stated: "I am pleased to have the opportunity to present our new generation of immunotherapy to an international audience of cancer professionals. I am looking forward to meeting colleagues in the Far East and establishing new relationships for collaboration at the conference."

The aim of the Congress is to provide a high quality program designed to attract delegates from all cancer research disciplines & anti-cancer medicine development, and encourage these researchers to interact and in some cases forge new collaborations. More than 500 invited cancer specialists from a wide range of disciplines will participate in the Scientific Program and their presentations will provide delegates with information on the latest developments in basic science and clinical treatment.

About Immunovative Therapies, Ltd.: Immunovative Therapies, Ltd. ("ITL") is an Israeli biopharmaceutical company that was founded in May 2004 with financial support from the Israel Office of the Chief Scientist. ITL is a graduate of the Misgav Venture Accelerator, a member of the world-renowned Israel technological incubator program. ITL was the Misgav Venture Accelerator's candidate for the prize for the outstanding incubator project of 2006, awarded by the Office of the Chief Scientist. ITL specializes in the development of novel immunotherapy drug products that incorporate living immune cells as the active ingredients for treatment of cancer and infectious disease. ITL is developing a new class of immunotherapy drugs designed to harness the power of the immune system to treat cancer. ITL has two experimental immunotherapy products for the treatment of cancer in clinical development: AlloStim™ and AlloVax™ covered by Immunovative's 10 U.S. patents granted, 15 U.S. patents pending and 26 corresponding applications pending internationally. Please visit ITL's website at: www.immunovative.co.il

About Immunovative, Inc.: On December 15, 2011, Immunovative, Inc. ("IMUN") (then known as Novo Energies Corp.) signed an exclusive License Agreement (the "License Agreement") with Immunovative Therapies, Ltd ("ITL"). Under the terms of the License Agreement, IMUN has been granted an exclusive, worldwide license to commercialize any products covered under ITL's current issued and pending patent application portfolio, as well as the rights to any future patent applications, including improvements or modifications to the existing applications and any corresponding improvements or new versions of the existing products including.

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