SARASOTA, FL -- (MARKET WIRE) -- March 22, 2007 -- Industrial Biotechnology Corporation (PINKSHEETS: IBTY) (IBC), a company dedicated to new biotechnologies and innovations in the chemical industry, today announced that Larry E. Drumm, a veteran biotechnology and chemical industry expert, has accepted a position on IBC’s Scientific Advisory Board as well as new business development consulting. Mr. Drumm, who has a substantial history of successfully developing bio-industry sales, marketing and new business development initiatives, will be responsible for enhancing IBC’s industry-partnering strategy and assisting in developing new relationships for bio-development sales.
