RICHMOND, Va.--(BUSINESS WIRE)--CBI Services, a business unit within Commonwealth Biotechnologies, Inc. (NASDAQ Capital Market:CBTE), today announced new contracts collectively valued at approximately $1.4 million. These new contracts come on the heels of $2.9 million in contract awards announced last month and add to the Company’s increasing backlog in private sector and government contract work. The new projects reflect the Company’s continued focus in diversifying its revenue stream.