NEW YORK, NY--(Marketwire - January 25, 2008) - NeoStem, Inc. (AMEX: NBS), a leading developer of adult stem cell technologies, was honored as a leading biotechnology company at the Henderson Ninth Annual Economic Development Awards on January 24th. The award comes just months after the expansion of NeoStem’s adult stem cell collection center network into Henderson, Nevada. NeoStem’s proprietary procedures and technology enable the collection and storage of an individual’s own adult stem cells as a safeguard in the event the stem cells are needed by the individual for future medical use.