Medistem's Endometrial Regenerative Cell Discovery Publication Receives BioMed Central's Article of the Year Award

Market Wire, March, 2008

Medistem Laboratories, Inc. (OTCBB: MDSM) is pleased to announce its recent co-authored article entitled, "Endometrial regenerative cells: a novel stem cell population" received BioMed Central's research article of the year in medicine award. The award recognizes excellence in research that has been made universally accessible through open access publication in one of BioMed Central's > 170 peer reviewed scientific journals. The award was presented to Medistem's CEO Thomas Ichim and Dr. Xiaolong Meng at the Royal Society of Medicine in London, England. The publication is freely available at http://www.translational-medicine.com/content/5/1/57 .

"We are extremely proud of the international recognition our scientists and collaborators are receiving for the discovery of this new type of stem cell," said Dr. Neil Riordan, President of Medistem. "We believe that these cells, which we have termed endometrial regenerative cells (ERC), offer a novel way of circumventing the medical and ethical issues posed by embryonic stem cells today."

Medistem owns intellectual property associated with endometrial regenerative cells and is currently developing a pipeline of therapeutic products around them. Medistem's lead product is based on preventing amputation through restoring blood flow to the limbs of patients with diabetes and advanced peripheral artery disease.

"The ERC population appears to be superior to other stem cell types. These cells do not require matching with the recipient, they home to areas of injury or tissue damage, and they can become most of the tissue types found in the body," said Dr. Xiaolong Meng, lead author of the article, Associate Director of the Bio-Communications Research Institute, and Medistem collaborator.

About Medistem Laboratories

Medistem Laboratories is a biotechnology company founded to develop and commercialize technologies related to adult stem cell extraction, manipulation, and use for treating inflammatory and degenerative diseases. The company's lead product, the endometrial regenerative cell (ERC), is a "universal donor" stem cell derived from the menstrual blood that possesses the ability to differentiate into nine tissue types, produce large quantities of growth factors, and a large proliferative capacity. Due to Medistem's relationships and collaborative efforts with respected institutions, Medistem believes it is well positioned to be a leading developer of adult stem cell products. .

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Contact: Medistem Laboratories Chris McGuinn 602-318-3535 http://www.medisteminc.com