Genesis Bioventures Announces Agreement To Manufacture Mad Cow Disease Rapid Assay Test Kits

NEW YORK, Oct. 10, 2006 (PRIMEZONE) -- Genesis Bioventures, Inc. (GBI) (OTCBB:GBIW) announced today that Prion Developmental Laboratories (“PDL”), its minority owned subsidiary company, entered into a contract manufacturing agreement with InBios International, Inc. (“InBios”), a leading biotechnology company in Seattle, Washington, to manufacture PDL’s Mad Cow Disease (“BSE”) and other TSE Rapid Diagnostic Tests.

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