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Islet Sciences Announces Exclusive License Agreement with Yale University to Commercialize an Early Beta Cell Destruction and Diabetes Diagnostic
Date:5/7/2012

NEW YORK, May 7, 2012 /PRNewswire/ -- Islet Sciences, Inc., (OTCBB: ISLT) a biotechnology company engaged in the research, development and commercialization of patented technologies in the field of transplantation therapy for patients with diabetes, today announced that it has exclusively licensed technology from Yale University.

"In the course of research conducted under Yale auspices, Dr. Kevan Herold and his colleagues at Yale University School of Medicine have developed a technology entitled 'Circulating hypomethylated B cell-derived DNA' as a biomarker of B cell destruction," said John Steel, Chairman and CEO of Islet Sciences. "We are excited to utilize this groundbreaking invention as we look to commercialize it to benefit the growing worldwide diabetic community. This test has the potential to identify beta cell death and emerging diabetes far earlier than clinical presentation."

"The opportunity to identify diabetes and islet dysfunction prior to clinical presentation could be beneficial therapeutically," said Dr. Kevan Herold. "I am looking forward to working with Islet Sciences to commercialize this technology that clearly holds so much potential."

Clusters of beta cells form islets within the pancreas. Diminished beta/islet cell function which can be caused by numerous factors, is one of the primary causes of insulin dependent diabetes. Insulin dependent diabetes is the more difficult aspect of the disease.

Jonathan Soderstrom, director of the Office of Cooperative Research at Yale commented, "We are pleased that Islet Sciences has made the decision to invest in this discovery and look forward to developing it into a valuable new tool for treating this debilitating disease."

About Islet Sciences, Inc.
Islet Sciences is a development-stage biotechnology company with patented technologies focused on transplantation therapy for people with insulin-dependent diabetes. The Company's transplantation tech
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SOURCE Islet Sciences, Inc.
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