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NeoStem Signs Stem Cell Collection Agreement With University of Louisville Hospital
Date:5/27/2008

artinez, M.D., Executive Vice President for Research, University of Louisville. "There are a number of adult stem cell translational scientists and clinicians at the University that are interested in exploring the therapeutic potential of VSELs and other adult stem cells of the body. The collection center will allow harvesting large numbers of these cells from adults donating them for basic research as well as clients paying to have their cells stored for their own future medical need."

"By enabling investigators to have access to large numbers of adult stem cells from interested and informed study subjects, we believe that translational adult stem cell research will move forward at an accelerated pace and that clinical trial designs will be more rapidly implemented to investigate new research findings. Overall, we anticipate that this corporate and academic relationship will assist in propelling the adult stem cell field forward. This will allow NeoStem to take the lead in harnessing and translating this revolutionary and promising new approach to treat human disease."

About NeoStem, Inc.

NeoStem has 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 into research and development through the acquisition of a worldwide exclusive license to technology to identify and isolate 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

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 un
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SOURCE NeoStem, Inc.
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