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Crystal Research Associates, LLC Issues Executive Informational Overview(R) (EIO(R)) on Bioniche Life Sciences Inc.
Date:3/26/2008

n facility scale-up, and anticipates a further C$5 million for this project.

The Company's Animal Health unit markets over 100 products to veterinarians worldwide. This unit focuses on providing products that enhance reproductive performance in animals and reduce the industry's reliance on antibiotics. One of the Company's lead products, Folltropin(R)-V, is a reproductive hormone (Follicle-Stimulating Hormone [FSH]) to induce superovulation in cattle and sheep. With fiscal year 2007 sales of approximately C$10 million, Bioniche believes that Folltropin(R)-V is a global market leader in this product area.

About Crystal Research Associates, LLC

Crystal Research Associates, LLC is an independent research firm that provides institutional-quality, fee-based research to small and mid-cap companies. Crystal Research Associates' unique and novel product, the Executive Informational Overview(R) (EIO(R)), is free of investment ratings, target prices, and forward-looking financial models. The EIO(R) presents a crystal clear, detailed report on a company (public or private) in a manner that is easily understood by the Wall Street financial community. The EIO(R) details a company's product/technology/service offerings, market size(s), key intellectual property, leadership, growth strategy, competition, risks, audited financial statements, key events, and other such fundamental information. Crystal Research Associates has offices in New York City, Delray Beach, Montreal, and Toronto. Crystal Research Associates has been compensated by the Company in cash of forty five thousand U.S. dollars and eighty thousand Options/Warrants to purchase Bioniche stock for its services in creating the base report, for updates, and for printing.

Forward-Looking Safe Harbor Statement

Statements in this news release regarding future financial and operating results, potential applications of the Company's technology, opportunities for the Company, and any other stat
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SOURCE Crystal Research Associates, LLC
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