CalbaTech Reports That LifeStem's Biologics License Has Be...( LAGUNA HILLS Calif. Nov. 29 /- Ca...),Health

LAGUNA HILLS, Calif., Nov. 29 /PRNewswire-FirstCall/ -- CalbaTech, Inc. (OTC Bulletin Board: CLBE), an emerging life sciences company (http://www.CalbaTech.com) concentrating on the collection and banking of adult stem cells for possible future therapeutic uses and providing products and platforms to the biotech and pharmaceutical research markets and to academic institutions, is pleased to announced that the California Department of Public Health has renewed LifeStem's biologics license. LifeStem is the wholly-owned subsidiary of CalbaTech in the business of collecting adult stem cells for possible therapeutic autologous future use.

"Management has worked diligently to make sure that LifeStem's biologics license was renewed. As such, LifeStem's protocols and procedures have been met the standards as set by the State of California. LifeStem has recently completed training at the state-of-the-art Youthtopia Med Spa in a suburb of Atlanta, and Youthtopia is covered under our biologics license. Anyone seeking our collection service can contact LifeStem and schedule a Stem Cell Microbank(TM) Service at Youthtopia," said James DeOlden, CEO of CalbaTech.

"We are currently in discussion with entities interested in using our services for collection in Florida, and in Northern California, and we look forward to having more locations where clients can go for our service," said Mr. DeOlden.

LifeStem(TM) Inc., a CalbaTech wholly-owned subsidiary, has developed a unique process to harvest adult stem cells in micro quantities to be cryopreserved for future transplantation into the same client for medical purposes. The benefits of stem cell therapies have shown great success in the treatment of life threatening disease including chronic heart failure and cancer, with the promise of playing prominent roles in cures for other diseases such as Parkinson's, Alzheimer's and diabetes.

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