CBI Services and FIL Announce Third Quarter Contract Signings

RICHMOND, Va.--(BUSINESS WIRE)--CBI Services and Fairfax Identity Labs (FIL), both business units within the Commonwealth Biotechnologies, Inc. group of companies (NASDAQ Capital Market: CBTE), today announced new contracts signed during the third quarter of 2007 collectively valued at approximately $2.5 million. Of this amount, nearly $500,000 is associated with new classified research programs to be conducted by CBI Services over the next year. Two new contracts for FIL are multi-year contracts extending through 2012 and are focused in paternity test analysis and forensic casework, respectively.

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