SOURCE: Wall Street News Alert

March 24, 2005 09:08 ET

Wall Street News Alert: BMXG Announces Dr. James L. Lambert From Jet Propulsion Laboratories as Scientific Advisor!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- March 24, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Bio-Matrix Scientific Group Inc. (OTC: BMXG), Johnson & Johnson (NYSE: JNJ), Oracle Corporation (NASDAQ: ORCL) and Sirius Satellite Radio (NASDAQ: SIRI).

Aggressive investors and day traders may have their sights set on Bio-Matrix Scientific Group Inc. (OTC: BMXG). The company just announced the appointment of James L. Lambert, Ph.D., as its Bio-Instrument Scientific Advisor. Dr. Lambert specializes in the development of next generation bio-instrumentation for use in medical research.

This could be great news for investors! According to the company's press release, Dr. Lambert has been with the Jet Propulsion Laboratory for 17 years, and for the last five years he has served as the Technical Group Supervisor of the Intelligent Instrument and Systems Technology Group. Dr. Lambert leads a multidisciplinary group whose members have advanced degrees in chemistry, biology, electrical engineering, and computer science. The charter of the group is to develop advanced in situ instruments and sensors for NASA and other agencies.

Investors watch this one! In addition to managing his group, Dr. Lambert is Principal Investigator of two projects: 1) The Non-invasive glucose monitor which utilizes Raman spectroscopy to measure glucose levels via the eye and 2) The Quantum Dot Lateral Flow Assay Project in which semiconductor nanoparticles are combined with antibodies within an immunoassay for testing the potable water supplies of crewed vehicles.

For more in-depth coverage of Bio-Matrix Scientific Group, visit http://www.backissuesofnewsalerts.us/BMXG0323.html

Prior to yesterday's news, the stock closed at Thirty Seven cents a share.

In case you are unfamiliar with the company: Bio-Matrix Scientific Group Inc. is a development stage company in the business of medical devices and monitoring systems research, development and commercialization. The company is aligning itself with partners that offer key technologies in biomedical device development, tissue engineering, cell culturing, genome therapy and drug delivery systems.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Johnson & Johnson (NYSE: JNJ) up 2.1% on 9.5 million shares traded, Oracle Corporation (NASDAQ: ORCL) up 0.1% on 69.5 million shares traded and Sirius Satellite Radio (NASDAQ: SIRI) up 2.6% on 35.8 million shares traded.

Commentary:

"With the inflation rate in February at 0.4 percent, the Labor Department noted that increases in earnings fell 0.4 percent in February, leaving a consumer with a loss of .08 percent," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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