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Cord Blood America CEO Matthew Schissler Discusses Projects in China, South America, 'Afford-A-Cord,' and Profitability
Date:9/16/2010

s been offered.  Mr. Schissler said there is an educational process involved but the Company is very encouraged by results up to this time.
  • The collection of placentas by CBAI for a major tissue bank in the U.S. now accounts for five percent of the Company's revenues, with significant growth expected.  "We will continue to focus on adding other revenue diversification programs, which reduces risk and makes our revenue model more secure," Mr. Schissler said.
  • Finally, Cord Blood America's CEO said, "Profitability is the Company's number one goal and, once profitable, this will open up larger and better opportunities for CBAI's future."

  • About Cord Blood America

    Cord Blood America is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc., visit our website at http://www.corcell.com/. For investor information, visit http://www.cordblood-america.com/.

    CONTACT:

    Paul Knopick
    E & E Communications
    949/707-5365
    pknopick@eandecommunications.com




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    SOURCE Cord Blood America, Inc.
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