SARASOTA, FL -- (MARKET WIRE) -- October 31, 2006 -- Industrial Biotechnology Corporation (PINKSHEETS: IBTY) (IBC), a company dedicated to new biotechnologies and innovations in the chemical industry, today announced that Gurinder Shahi, IBC's Chief Technologist and Scientific Advisory Board Chairman, has been selected to as a Lead Speaker, Session Chair and Keynote Lecturer at AsianBio 2006, the Third Asian Biotechnology Conference.
