KIRKLAND, Wash., May 22 /PRNewswire-FirstCall/ -- CellCyte Genetics Corp. (the “Company”) has established interim research facilities in Seattle, Washington in order to accommodate the company’s research needs during the installation and renovation of its new headquarters and state-of-the-art laboratories located in Bothell, Washington.
The permanent corporate headquarters and laboratories of CellCyte Genetics are anticipated to be ready for full occupancy in September 2007.
The interim laboratory will enable the Company to immediately proceed with critical IND-enabling pharmacology studies. A research staff of five scientists is working at the new interim research facility.
The Company will complete critical in vitro cell culture, flow cytometry and molecular biology experiments during its occupation of the Seattle facility. This data is intended for use in support of CellCyte Genetics’ IND (Investigative New Drug) application for its planned clinical trial on the use of CCG-TH30 for the non-invasive delivery of human adult stem cells to the heart.
About CellCyte Genetics
CellCyte Genetics, a Washington State company, is an emerging biotechnology company engaged in the principle business of the discovery, development and commercialization of breakthrough stem cell enabling therapeutic products.
For further information see: www.cellcyte.com. Symbol: OTCBB - CCYG; Frankfurt/Berlin Symbol - LK6 WKN. No.: A0MLCV. Contact North America: Investor Relations Toll Free Telephone: 877.688.5050 Contact Europe: Investor Relations Europe Telephone: (+49) 69.7593.8451
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THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO- TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKE FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
CellCyte Genetics Corp.
CONTACT: North America: 1-877-688-5050, or Europe: +49-69-7593-8451
Web site: http://www.cellcyte.com/
