Upstream Biosciences Inc. Engages Atlas Capital Services, LLC As Investment Banker

VANCOUVER, BC -- (MARKET WIRE) -- August 31, 2006 -- Upstream Biosciences Inc. (OTCBB: UPBS) (“Upstream” or “the Company”), an emerging leader in the field of genetic diagnostics for cancer and the prediction of drug response, announced today the signing of a letter of engagement with Atlas Capital Services, LLC of New York (“Atlas”) to act as its investment banker. Atlas is a registered broker dealer and member of the NASD and Upstream will use their services in order to assist the Company in meeting the anticipated demand for its biomarker technologies.

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