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NeoStem, Inc. Announces Agreement With Progenitor Cell Therapy, LLC
Date:4/15/2009

s the development and commercialization of cellular therapies. PCT provides cGMP-compliant cell manufacturing and consulting services that address regulatory, financial, technical, process, and quality system strategies. Services include a full spectrum of support and consulting related to process and product development, validation, due diligence evaluations, tissue collection, processing, and storage, product manufacturing, distribution and transportation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include whether there is consumer acceptance of stem cell therapies, whether the VSEL technology leads to marketable therapeutic products and those set forth under 'Risk Factors" described in the Company's Annual Report on Form 10-K for its fiscal year ended December 31, 2008 and the Company's other periodic filings with the Securities and Exchange Commission.

    Contact:
    NeoStem, Inc.
    Robin Smith, Chief Executive Officer
    T: 212-584-4180
    Email: rsmith@neostem.com
   http://www.neostem.com/


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SOURCE NeoStem, Inc.
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