SOURCE: U.S. BioDefense, Inc.

September 07, 2007 12:21 ET

U.S. BioDefense Files Definitive Schedule 14C and Confirms Dividend Share Distribution of EDS Shares

CITY OF INDUSTRY, CA--(Marketwire - September 7, 2007) - U.S. BioDefense, Inc. (OTCBB: UBDE) announces today that the company has filed a definitive schedule 14c and confirms all shareholders of record as of September 7, 2007 will receive a dividend share distribution of Emergency Disaster Systems, Inc.

U.S. BioDefense shareholders will receive one (1) share of EDS for every hundred (100) shares of U.S. BioDefense. The actions were approved by the Board of Directors and are expected to be ratified by the majority shareholder on or before September 27, 2007.

About Emergency Disaster Systems, Inc.

Emergency Disaster Systems, Inc. (EDS) is a subsidiary of U.S. BioDefense, Inc. and a leading provider of disaster mitigation services, emergency preparedness, and first response products to local communities, government agencies and Fortune 500 companies. EDS is committed to the protection of children's lives and communities from the devastating aftermath of a catastrophic event.

About U.S. BioDefense, Inc.

U.S. BioDefense, Inc. is a Department of Defense Central Contractor that researches, develops, and commercializes homeland security and leading-edge biotechnologies. U.S. BioDefense is focused on transferring, researching, and commercializing groundbreaking technologies from Universities, Research Labs, Fortune 500 Companies, and Government Agencies. Through its subsidiary, Emergency Disaster Systems, Inc. (EDS), the company operates its Emergency Preparedness Program as part of its Homeland Security division. U.S. BioDefense is focused on developing EDS as an industry leader in the disaster mitigation and preparedness arena, an underserved market that could see consumer spending of over 24 billion dollars in 2007.

Forward-Looking Statement

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of management of U.S. BioDefense, Inc., and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other factors affecting the operation of the businesses of U.S. BioDefense, Inc. U.S. BioDefense, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter the respective forward-looking statements, whether as a result of new information, future events, or otherwise.

For more information about Emergency Disaster Systems, please visit www.eDisasterSystems.com

Contact Information

  • Contact:
    David Chin
    President
    U.S. BioDefense, Inc.
    Tel: (626) 961-0562