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Pacific Biometrics, Inc. Stockholders Approve Company Name Change to Pacific Biomarkers, Inc.

s custom assay services for immunogenicity testing, cell based assay testing and multiplex testing. We anticipate that our enhanced clinical biomarker services will help diversify our client base, because these services apply to therapeutic areas beyond our traditional specialty areas, and there is also a growing emphasis on biologic drugs."

"For these reasons, we believe that the name 'Pacific Biomarkers, Inc.' more accurately reflects both our current and historical strengths. The term 'biomarker' is now much more widely known and is broadly understood to have a key role in drug development. Therefore, the new name accurately positions us as a specialty laboratory provider for contemporary drug development services," concluded Helm.

Also at the Annual Meeting, stockholders re-elected the seven members of the Company's Board of Directors:

                                    Ronald R. Helm
                                    Mario R. Ehlers
                                     Paul G. Kanan
                                 Richard W. Palfreyman
                                   Curtis J. Scheel
                                   Stanley L. Schloz
                                   Kenneth R. Waters

The third proposal on the agenda at the Annual Meeting, which was also approved by the stockholders, ratified the Audit Committee's selection of PMB Helin Donovan, LLP as the Company's independent auditors for the 2010 fiscal year. PMB Helin Donovan, LLP has audited the Company's financial statements since September 5, 2007.

About Pacific Biometrics, Inc. (PBI)

Established in 1989, PBI provides specialized central laboratory and contract research services to support pharmaceutical and diagnostic manufacturers conducting human clinical trial research. The Company provides expert services in the areas of cardiovascular disease, diabetes, osteoporosis, arthritis, and nutrition. The PBI laborator

SOURCE Pacific Biometrics, Inc.
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