Pulmo BioTech Announces an Increase in its Stake in Pu... ( NEW YORK May 9 /- Pulmo BioTech I...)

Pulmo BioTech Announces an Increase in its Stake in PulmoScience

Date:5/9/2008

NEW YORK, May 9 /PRNewswire-FirstCall/ -- Pulmo BioTech Inc. (OTC Bulletin Board: PLMO) announced today that it has increased its stake in PulmoScience Inc. by 10%, taking its total holdings to 61% in this Company which owns a unique Molecular Imaging Diagnostic Technique for pulmonary related medical conditions.

Pulmo BioTech CEO Garry McCann said, "We are confident the Molecular Imaging technology, developed and owned by PulmoScience, will dominate the market for the diagnosis of Pulmonary Embolism and Pulmonary Hypertension, and as such, with the company moving towards Regulatory Approval for Phase I Human Trials, we felt that this was the right time to increase our stake in the company."

About Pulmo BioTech Inc.

Pulmo BioTech Inc. specializes in the development and marketing of medical technology and research. Our proven strengths combine extensive commercial experience and academic credentials. The principal staff members are acknowledged experts in their specialized fields, and work with a broad range of investment institutions. Pulmo BioTech's mission is to utilize scientific imagination and drive, together with managerial and financial acumen, to bring innovative and profitable products to the marketplace to the benefit of all stock holders.

About PulmoScience Inc.

PulmoScience Inc. was established in 2006, and is currently developing a non-invasive Molecular Imaging technique for the diagnosis of Pulmonary Embolism, Pulmonary Hypertension and Lung Inflammatory diseases under the trade name PulmoBind.

The company was conceived within the Montreal Heart Institute "MHI" (a world renowned hospital and educational facility). Jointly owned by MHI subsidiary Innovacor as the technical and operational partner, Dr Jocelyn Dupuis (the scientific director and originator of the PulmoBind Molecular Imaging technology), and by Pulmo BioTech Inc as the funding partner, PulmoScience Inc aims to develop this unique and exciti
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Pulmo BioTech Announces an Increase in its Stake in Pu...( NEW YORK May 9 /- Pulmo BioTech I...)