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Cord Blood America CEO and Co-Founder Matthew Schissler Named Chairman of Biotech Committee for Nevada Development Authority
Date:2/1/2011

LAS VEGAS, Feb. 1, 2011 /PRNewswire/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI) (www.cordblood-america.com) has announced that Cord Blood America's CEO and Co-Founder Matthew Schissler has been named chairman of the Biotech Committee for the Nevada Development Authority.  The Biotech Committee is charged with developing programs and initiatives to help attract new biotech businesses to Southern Nevada and help existing biotech companies expand in the area.

"I am honored to be named chairman of the Biotech Committee for the Nevada Development Authority  and look forward to working with the committee to help attract new biotech businesses and expand existing ones in Southern Nevada," said Mr. Schissler.

He added, "Moving Cord Blood America to Southern Nevada 18 months ago was one of the best decisions in our history.  Nevada is extremely business friendly through low tax rates, laws and regulations.  Access to one of the busiest airports in the country, ease of getting around with little traffic or infrastructure issues, and the low cost of real estate and living were the key decision points for us.  Couple those with world-class accommodations, entertainment, millions of people attending conventions, and more than 20 percent of the top 100-rated restaurants in the country being on The Strip, and you have a recipe for an unsurpassed business environment.  I look forward to delivering this message to the thousands of domestic and international biotechs looking for a place to call home."

Somer Hollingsworth, president and CEO of the NDA, said Mr. Schissler is an asset to the NDA and will serve as a strong ambassador for the biotech and related industries.

"Now more than ever is a crucial time in Nevada's history to become
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SOURCE Cord Blood America, Inc.
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