MOUNTAINSIDE, NJ -- (Marketwire) -- 01/16/09 -- Proteonomix, Inc. (PINKSHEETS: PROT)
announces that Steven Byle has commenced his tenure on its board of
directors.
Mr. Byle stated: "It is a great pleasure to join the board of directors of
Proteonomix, a company which has
developed in a relatively short period of time and, without major capital
investment, first class technologies which fill the gaps in present stem
cell research and development. I believe that its expansion technology
which enables the replication of stem cells through many generations
without substantial differentiation can provide the quantity of stem cells
needed for therapeutic use in diabetes, cardiac and cancer. As an
intellectual property attorney, I am gratified at the patent applications
of technologies developed or jointly developed by the Company's President, Michael
Cohen, and the assignment to the Company of all patent rights."
In addition, the Company's cosmoceutical to be marketed by its subsidiary,
Proteoderm, Inc., is unique and can benefit millions of women by improving
their appearance without the risks of Botox, injections or surgery. "As a
fluent speaker of Chinese, having lived and worked extensively in Asia and
SE Asia over two decades, as well as a successful international
entrepreneur, I can assist with the joint ventures of Proteoderm in Pacific
Rim countries."
Michael Cohen, CEO of
Proteonomix, stated: "I am delighted at the experience and skills which
Steven can bring to our board of directors and look forward to working with
him as our company moves forward to market."
About Proteonomix, Inc.
Proteonomix, Inc. is a biotechnology company focused on developing
therapeutics based upon the use of human cells and their derivatives. Its
research and development program has demonstrated results with more than
ten patent applications and multiple products ready to enter their
respective markets. Proteonomix has facilities at a number of academic
institutions. Its subsidiary, Proteoderm, Inc. has developed a line of
anti-aging cosmetics. For more information, please visit
www.proteonomix.com or www.proteoderm.com and www.pinksheets.com.
"Safe Harbor"
Under the Private Securities Litigation Reform Act of 1995, statements
herein relating to the Company's expectations are forward-looking
statements. The anticipated results, including the entering into an
agreement reflecting the terms of the letter of intent and performance
pursuance thereto may not occur.
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Contact:
Michael Cohen
President
Proteonomix, Inc.
Phone: (973) 544-6116
Email Contact