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Cord Blood America CEO Matthew Schissler, in Internet Interview, Says Company Posted Record Revenues; Seeking Acquisition Opportunities in Stem Cell S
12 September 2006 Cord Blood America, Inc. (OTC Bulletin Board: CBAI) Chairman and CEO Matthew L. Schissler in an interview with EquityGroups.com (http://www.equitygroups.com) said that the Company recently posted record revenues, topping $1 million for a quarter, and said it is looking for possible strategic mergers and acquisitions. Cord Blood America is the umbilical cord blood stem cell preservation company, focused on bringing the life saving potential of stem cells to families nationwide. The entire interview is available at http://www.equitygroups.com/audioint/cbai/cbai30aug06.wmv . Mr. Schissler in the interview provides background on the Company, why it is important for parents to consider storage of umbilical cord blood stem cells, financial highlights from the most recent quarter, and information on Cord Blood America's unique payment plans that allow families without significant disposable income at the time of birth to still store umbilical cord blood. This payment plan has opened up a new demographic for our Company and plays a key role in our significant revenue growth, Mr. Schissler said. About Cord Blood America Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of Cord Partners, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website at http://www.cordpartners.com. For investor information, visit http://www.cordblood-america.com. Forward-Looking Statements Some statements made in this press release are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to the growth of the industry, new stem cell treatments, and the Company's performance, are only predictions and are subject to certain risks, uncertainties and assumptions. Additional risks are identified and described in the company's public filings with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The company's past performance is not necessarily indicative of its future performance. The company does not undertake, and the company specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement. CONTACT: Paul Knopick E & E Communications 949/707-5365 pknopick@eandecommunications.com
Source: prnewswire
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