May 10, 2007 08:30 ET
Market Pulse Breaking News Alert for Thursday, May 10, 2007: HBSC - U.S. Patent Office Issues Human BioSystems Patent #7,202,020 - Compositions, Methods and Apparatuses for Preserving Platelets!
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.
ATLANTA, GA--(Marketwire - May 10, 2007) - Market Pulse News Alert for this AM, Stocks to
Watch are: Human BioSystems, Inc. (OTCBB: HBSC), Research In Motion
Ltd. (NASDAQ: RIMM), Foster Wheeler Ltd. (NASDAQ: FWLT) and 24/7 Real Media
Inc. (NASDAQ: TFSM).
Investors need to be watching Human BioSystems, Inc. (OTCBB: HBSC) this AM!
Human Biosystems, Inc. is a leader in the development of preservation
platform technologies that provide safe, high quality, and longer shelf
lives for organs, tissue, cells and other biomaterials that are used in
saving lives. Human BioSystems' proprietary preservation systems for
initial products consist of non-toxic liquid solutions, proprietary
protocols and solutions. These systems do not employ toxic preservatives or
special cryogenic techniques or complex equipment. HBSC specializes in the
development of proprietary above zero (HBS-AZ) and below zero (HBS-BZ)
organ and tissue preservation systems and methods for preserving blood
platelets. HBSC has five issued patents (with others pending) for
technologies that preserve platelets and organs such as the kidney, heart,
liver, and lung. The company's unique patent-pending technology could
double the storage period for platelets, may dramatically reduce bacterial
growth and may maintain better platelet functionality. The company has been
successful in preserving blood platelets for ten days under refrigeration
while maintaining cell structure and morphology, which has never been done
before to HBSC's knowledge. HBSC is expected to be a major supplier to the
industry with their improved platelet storage technology. HBSC's technology
and equipment may allow blood centers and hospitals to recover more than
$500 million in lost revenue annually in North America, Western Europe and
Japan. The company's target customers include blood banks, hospitals,
clinics, and similar organizations. Human BioSystems is seeking strategic
partners for the preservation technology and licensee of the HBS-AZ
preservation solution for organs preservation. Terms will include license
fees and royalty for marketing and distribution rights. The company
estimates a multi-billion dollar market demand for its platelet and organ
preservation system coupled with the post-transplant technology. HBSC is
looking for additional products that are close to commercialization to add
to its pipeline. Human Biosystems' wholly owned subsidiary HBS BioEnergy
develops the bioenergy business which includes the two ethanol fuel
production facility projects to be acquired from EXL III Group Corporation
pursuant to the Letter of Intent mentioned in their press release dated
July 27, 2006. HBS BioEnergy recently formed a joint venture with Visalia
based Dairy Development Group and Agrimass Enviro-Energy to build an Energy
Park in the San Joaquin Valley of California. The Energy Park will utilize
waste from surrounding dairies to provide the power needed to fuel a
proposed ethanol plant to be located on site. Human Biosystems is poised
to become a significant player in the biomedical and bioenergy industries!
HBSC has had several excellent news announcements out lately and one again
before today's bell announcing the U.S. Patent Office has now issued patent
number 7,202,020 to HBSC for this patent entitled "Compositions, Methods
and Apparatuses for Preserving Platelets." The company has now received
five U.S. patents related to organ, platelet and biological material
preservation! This could be great news for investors!
Human BioSystems (OTCBB: HBSC), developer of preservation platforms for
organs, blood platelets and other biomaterials, announced in a press
release dated January 22, 2007 that the U.S. Patent Office will allow the
company's fifth patent. The U.S. Patent Office has now issued patent number
7,202,020 to HBSC for this patent entitled "Compositions, Methods and
Apparatuses for Preserving Platelets."
HBSC has now received five U.S. patents related to organ, platelet and
biological material preservation. HBSC' intellectual property portfolio
consists of the following patents:
1. Methods and Apparatus for Preserving Biological Materials - U.S. Patent
#6,413,713
2. Methods and Apparatuses for Preserving Platelets - U.S. Patent
#6,828,090
3. Methods and Solutions for Storing Donor Organs - U.S. Patent #7,029,839
4. Preservation of Blood Platelets with Citrate - U.S. Patent #7,083,910
5. Compositions, Methods and Apparatuses for Preserving Platelets - U.S.
Patent #7,202,020
Four of the five patents issued to HBSC relate to the preservation of blood
platelets, a blood component critical to cancer patients that have
undergone chemotherapy/radiation treatments. Platelet infusions are
necessary for a period of time following such cancer treatments to maintain
adequate platelet counts. The lack of platelets could increase the chances
of bleeding.
David Winter, MD and President of Human BioSystems, said, "HBSC intends to
extend the preservation time of platelets beyond current standards while
maintaining quality and safety by utilizing patented cooling methods not
achieved by others thus far in the commercial blood banking industry. If
successful, this could result in hundreds of millions of dollars in savings
to blood centers and hospitals worldwide."
HBSC is headquartered in Palo Alto, California with research facilities in
Michigan.
Stocks in the news and acting well as of late include: Research In Motion
Ltd. (NASDAQ: RIMM), Foster Wheeler Ltd. (NASDAQ: FWLT) and 24/7 Real Media
Inc. (NASDAQ: TFSM).
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MP's statements regarding a company. MP has been compensated in free
trading shares of common stock, available for public trading as follows:
Human BioSystems compensation from the company: six hundred seventy five
thousand free trading shares of stock in Human BioSystems already received
from the company. In addition, MP in the open market previously purchased
one hundred thousand shares of stock in Human BioSystems for a total
purchase price of eight thousand forty dollars. To date, MP has sold four
hundred thousand shares of stock in Human BioSystems for proceeds totaling
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