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TAMPA,
Fla.--(BUSINESS WIRE)--Nanobac Life Sciences, Inc.
(OTCPK:NNBP) ("Nanobac" or "the Company")
has completed its first year as a public Company.
The events and discoveries of the past year have reinforced
our belief that we are at the forefront in the search
for the causes and treatments of infectious diseases
associated with pathological calcification. This sets
forth the accomplishments of the last year, as well
as our goals and expectations for the future.
The major accomplishments during the last 12 months
include:
1. Completing the acquisition of Nanobac Oy, our Finland-based
subsidiary that provided the foundation for the Company's
intellectual property;
2. The issuance of patent coverage to expand and further
protect the Company's intellectual property;
3. The discovery by independent researchers of a strong
correlation between Nanobacteria infection and coronary
artery calcification ("CAC") in asymptomatic
individuals. This discovery was especially significant
because it suggests that a simple blood test (provided
by the Company and protected by its patents) might
have predictive value for the future development of
CAC. This could be similar to the PSA ("prostate
specific antigen") test as a predictor of prostate
cancer;
4. The discoveries by more than one independent researcher
of Nanobacteria and/or Nanobacteria-like structures
in calcified human arteries and cardiac valves. These
discoveries provide continuing evidence of the Company's
underlying premise that Nanobacteria is an infectious
agent that ultimately causes pathological calcification;
5. The discovery by Mayo Clinic that Nanobacteria
contain genetic material, an essential component for
life. This discovery provides evidence relative to
an ongoing scientific debate about whether or not
Nanobacteria is a unique form of life. The existence
of genetic material would confirm that it is a unique
life form. However, the ultimate resolution of the
debate is not necessarily relevant to the Company.
Many infectious agents (such as viruses) have a parasitic
existence in the human body and are thus not unique
forms of life;
6. The discovery by independent researchers of nano-size
organisms (with the presence of genetic material)
and characterized as Nanobacteria, in kidney stones;
7. The discoveries by independent researchers of Nanobacteria
in ovarian cancer cells; and,
8. The continued beneficial results of patients using
the various therapies developed by the Company.
The major goals for the future include:
1. To evaluate and define the research and development
objectives of the Company that will accommodate, as
a high priority, the introduction of our products
and technology to the marketplace;
2. To determine and obtain the capital needed to accomplish
the Company's mission; and,
3. To find strategic partners to accelerate the commercialization
of the Company's products and technologies.
Alexander Edwards and John Stanton have worked
together to "set the table" for the Company's
future. Alex's contributions to the Company have been
invaluable in the achievements of the last year, as
well as in defining our future goals. He has brought
the appropriate people to the Company to complete
our mission. Alex has decided to resign as the CEO
of Nanobac. John Stanton will resume the CEO duties
and looks forward to working with our team to accomplish
our goals. Alex will continue to assist the Company
in a consultative capacity.
Nanobac Life Sciences, Inc. is headquartered in Tampa,
Florida. For more information, please visit our website
at: http://www.nanobaclifesciences.com.
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