(Source: Business Wire)

BioTime, Inc. (OTCBB: BTIM), a biotechnology company that develops and
markets products in the field of stem cells and regenerative medicine,
today announced that its common stock and warrants have been approved
for listing on the NYSE Amex. Trading is expected to commence on the
NYSE Amex on Friday, October 30, 2009 under the same ticker symbols
BTIM' (NYSE Amex: BTIM) for the common stock and "BTIMW" for the
warrants. Prior to that date, BioTime's shares and warrants will
continue to trade on the Over-The-Counter (OTC) Bulletin Board.
"We are pleased to be moving our stock listing from the OTC Bulletin
Board to the NYSE Amex," said Michael D. West, Ph.D., President and
Chief Executive Officer of BioTime, Inc. "This listing marks an
important strategic advancement for the Company in regard to raising our
profile in the stem cell sector and improving our stock's liquidity. It
will also improve our visibility as we continue to make progress on our
corporate objectives."
"We welcome BioTime, Inc. to the NYSE Euronext family of listed
companies and to NYSE Amex," said Scott Culter, NYSE Euronext Executive
Vice President and Head of Listings, Americas. "BioTime and the
company's shareholders will benefit from superior market quality and
technology, a broad array of issuer and investor services, and global
brand association. We look forward to building a strong and lasting
partnership with the BioTime team and their shareholders."
About BioTime, Inc.
BioTime, headquartered in Alameda, California, is a biotechnology
company focused on regenerative medicine and blood plasma volume
expanders. BioTime develops and markets research products in the field
of stem cells and regenerative medicine through its wholly owned
subsidiary Embryome Sciences, Inc. BioTime's subsidiary OncoCyte
Corporation focuses on the therapeutic applications of stem cell
technology in cancer. BioTime also plans to develop therapeutic products
in China for the treatment of ophthalmologic, skin, musculo-skeletal
system and hematologic diseases, including the targeting of genetically
modified stem cells to tumors as a novel means of treating currently
incurable forms of cancer through its subsidiary BioTime Asia. In
addition to its stem cell products, BioTime markets blood plasma volume
expanders and related technology for use in surgery, emergency trauma
treatment, and other applications. BioTime's lead product, Hextend®,
is a blood plasma volume expander manufactured and distributed in the
U.S. by Hospira, Inc. and in South Korea by CJ CheilJedang Corp. under
exclusive licensing agreements. Additional information about BioTime can
be found on the web at www.biotimeinc.com.
Forward-Looking Statements
Statements pertaining to future financial and/or operating results,
future growth in research, technology, clinical development and
potential opportunities for the company and its subsidiaries, along with
other statements about the future expectations, beliefs, goals, plans,
or prospects expressed by management constitute forward-looking
statements. Any statements that are not historical fact (including, but
not limited to statements that contain words such as "will," "believes,"
"plans," "anticipates," "expects," "estimates,") should also be
considered to be forward-looking statements. Forward-looking statements
involve risks and uncertainties, including, without limitation, risks
inherent in the development and/or commercialization of potential
products, uncertainty in the results of clinical trials or regulatory
approvals, need and ability to obtain future capital, and maintenance of
intellectual property rights. Actual results may differ materially from
the results anticipated in these forward-looking statements and as such
should be evaluated together with the many uncertainties that affect the
company's business, particularly those mentioned in the cautionary
statements found in the company's Securities and Exchange Commission
filings. The company disclaims any intent or obligation to update these
forward-looking statements.
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