LOS ANGELES--(BUSINESS WIRE)--Mr. Douglas C. Lane, CEO, stated today that Genesis Bioventures, Inc. were invited to participate in the 2007 International Capital and China Industrial Development Forum in Bejing. The Company's agent for the Mad Cow testing in the Pacific Rim, Mr. Stuart Brame with BioBusiness Development Company, and Dr. Robert Petersen, President of Prion Developmental Laboratories ("PDL") are attending that conference in Bejing now. "There is very high interest for PDL's BSE Rapid Assay product in China. We are very excited to be invited to participate in this event to promote our Mad Cow disease testing." Lane said. "We are very excited as well about the business opportunities in this rapidly expanding market and see a solid opportunity for PDL's BSE Rapid Assay to address food safety concerns in China. Mr. Stuart Brame and BioBusiness Development have been very active opening new opportunities for us in the Pacific Rim."
