Stem Cell Therapeutics Corp.

Stem Cell Therapeutics Corp.

February 25, 2009 08:30 ET

Stem Cell Therapeutics Corp. Announces Issuance of Stock Options

CALGARY, ALBERTA--(Marketwire - Feb. 25, 2009) - Stem Cell Therapeutics Corp. (the "Company" or "SCT") (TSX VENTURE:SSS) announces the issuance of stock options to officers and directors of the Company. These options were issued in connection with a reduction of executive salaries and Board of Directors' fees, all effective as of January 1, 2009.

SCT has issued an aggregate of 3,840,000 stock options to the Company's officers and Board of Directors at an exercise price of C$0.10 per share. These options will expire no later than February 25, 2014 subject to applicable vesting provisions. These options were awarded in accordance with the Company's Stock Option Plan.

About Stem Cell Therapeutics Corp.: Stem Cell Therapeutics Corp. is a Canadian public biotechnology company (TSX VENTURE:SSS) focused on the development and commercialization of drug-based therapies to treat central nervous system diseases. SCT is a leader in the development of therapies that utilize drugs to stimulate a patient's own resident stem cells. The Company's programs aim to repair neurological function lost due to disease or injury. SCT's extensive patent portfolio of owned and licensed intellectual property supports the potential expansion into future clinical programs in numerous neurological diseases such as traumatic brain injury, multiple sclerosis, Huntington's disease, Alzheimer's disease, and ALS.

For further information on Stem Cell Therapeutics Corp., visit

These securities have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons unless an applicable exemption from U.S. registration requirements is available.

Except for historical information, this press release may contain forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risk and uncertainties, which may cause but are not limited to, changing market conditions, the successful and timely completion of clinical studies, the establishment of corporate alliances, the impact of competitive products and pricing, new product development, uncertainties related to the regulatory approval process and other risks detailed from time to time in the Company's ongoing quarterly and annual reporting.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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