Pressure BioSciences, Inc. Awarded $649,000 Grant From the Department of Defense (“DoD”)

SOUTH EASTON, Mass., Oct. 13, 2011 (GLOBE NEWSWIRE) -- Pressure BioSciences, Inc. (Nasdaq:PBIO) (“PBI” and the “Company”) today announced that it has been awarded a $649,498 SBIR Phase II grant (W81XWH-10-C-0175) from the U.S. Department of Defense (“DoD”). Entitled “Development of a Universal Method for Diagnostic Sample Inactivation, Extraction, and Enrichment of Pathogens in Arthropod Hosts of Military Importance”, this grant will help fund the development of an automated, high-throughput, high pressure system (instrument and consumables) for the safe and accurate processing of pathogenic organisms (viruses and bacteria). The system will be based on the Company’s patented, powerful, and enabling pressure cycling technology (“PCT”) platform.

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