Forward-Looking Statement
Statements wherein the terms "believes", "intends", "projects" or
"expects" as used are intended to reflect "forward-looking statements" of
the Company. The information contained herein is subject to various risks,
uncertainties and other factors that could cause actual results to differ
materially from the results anticipated in such forward-looking statements
or paragraphs, many of which are outside the control of the Company. These
uncertainties and other factors include the uncertainty of market
acceptance of any potential service offerings relating to maternal
placental stem cells (MPSCs) and other types of stem cells other than cord
blood stem cells, given that such new stem cells have not yet been used in
human therapies, and treatment applications using such stem cells are
subject to further research; need to complete certain developments,
including completion of clinical validation and testing for
commercialization of the processes for the MPSC service and other services
and the Company's development of its final business and economic model in
offering any such service; any adverse effect or limitations caused by
recent increases in government regulation of stem cell storage facilities;
any increased competition in our business; any decrease or slowdown in the
number of people seeking to store umbilical cord blood stem cells or
decrease in the number of people paying annual storage fees; any adverse
impacts on our revenue or operating margins due to the costs associated
with increased growth in our business, including the possibility of
unanticipated costs relating to the operation of our new facility; any
technological breakthrough or medical breakthrough that would render the
Company's business of stem cell preservation obsolete; any material failure
or malfunction in our storage facilities; any natural disaster such as a
tornado, other disaster (fire) or act of terrorism that adversely affects
stored specimens; the c
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