VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- May 28, 2007 -- Inflazyme Pharmaceuticals Ltd. (TSX: IZP) today announced it has raised approximately C$600,000-$700,000 through the sale of research equipment. The actual amount received by the Company is subject to the completion of the terms of the sale. Inflazyme employed Advanced Asset Services Inc., a recognized leader in Corporate Asset Recovery to market, manage and conduct the sale of the equipment through an on-line auction process across North America, Europe and Australasia.
