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NeoStem Announces NY State License for Adult Stem Cell Collection
Date:2/5/2008

icipate the opening of additional collection facilities in 2008 and we will continue to build out our nation-wide network of collection centers. We are executing on our business plan and promoting the health and welfare of those individuals who chose to donate their own stem cells and store them with us."

About ProHEALTH

ProHEALTH Care Associates, LLP is the largest multi-specialty practice in New York State, with over 100 physicians caring for over 500,000 patients. ProHEALTH Corp. manages the LLP, as well as the ProHEALTH Ambulatory Surgery Center, all located in Lake Success, N.Y.

About NeoStem, Inc.

NeoStem is managing a growing nationwide network of adult stem cell collection centers, enabling people to donate and store their own (autologous) stem cells when they are young and healthy for their personal use in times of future medical need. The Company has also recently entered the research and development and therapeutic arenas, through the acquisition of a worldwide exclusive license to an early-stage technology to identify and isolate rare stem cells from adult human bone marrow, called VSELs (very small embryonic- like stem cells), which have been shown to have several physical characteristics that are generally found in embryonic stem cells.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the ability of NeoStem, Inc. ("the Company") to develop the adult stem cell business, to develop the VSEL technology, the future of regenerative medicine and the role of adult stem cells and VSELs in that future, the future use of adult stem cells and VSELs as a treatment option and the potential revenue growth of the Company's business. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual result
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SOURCE NeoStem, Inc.
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