Pressure BioSciences, Inc. Closes $800,000 Private Placement

SOUTH EASTON, Mass., Feb. 8, 2012 (GLOBE NEWSWIRE) -- Pressure BioSciences, Inc. (Nasdaq:PBIO) (“PBI” or the “Company”) today announced that it has closed on an $800,000 private placement with the sale of units consisting of a total of 971,867 shares of restricted common stock and 485,937 warrants to purchase restricted common stock. Seven current investors, including the Company’s CEO/President, the Company’s Chairman of the Board of Directors, and two investors from the Company’s November 2011 registered direct offering, participated in the private placement.

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