Hundreds of Scholars/Entrepreneurs at Entrepreneurial Research Summit

edu. CalbaTech announced a loss of ($454,087)
or ($0.

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org/events/seminars.02) per share in 2004.

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, Babson vice provost for
entrepreneurship.
"Managing for Profitability" is scheduled for May 12 and 13 at the
DoubleTree Club Hotel, 3400 Norman Berry Drive, Atlanta. "The goal is to enhance the financial strength of
the entire information technology community.

CalbaTech Announces Significant Six-Month Revenue Increase Details the Company's Expectations for LifeStem Inc. Its Adult Stem Cell Subsidiary

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The cost of the workshop is $845 for CompTIA members and $995 for
non-members.

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The presentation schedule for the accepted papers is available
at http://www3.
The workshop is part of CompTIA's ongoing educational programs for
the IT industry.com) concentrating on providing products and platforms
to the biotech and pharmaceutical research market and to academic
institutions, today announced revenues for the six months ended June 30, 2005
totaled $625,345, up from $58,217 for the same period in 2004 .

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"
Topics scheduled to be covered include strategies for developing
successful business, sales , marketing, and financial plans; financial
benchmarks that are especially relevant for technology companies; how
to capitalize on service revenue opportunities; and understanding the
profit potential in selling supplies.

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com) will continue to complement each other and that our
cross marketing plans will allow these two subsidiaries to generate
$1.

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It is the Center's mission to
lead the global advancement of entrepreneurship education and practice
through the development of teaching, research , and outreach initiatives that
inspire entrepreneurial thinking and cultivate entrepreneurial leadership in
all organizations and society. For more
information, visit http://www.newswise. More information is at www.org

com) and K-D Medical
(http://www.

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Babson College in Wellesley, Mass .
"Continuing educating for the technology sector is one of our key
initiatives," said William Vanderbilt, vice president, education and
training, CompTIA.

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This 25th anniversary BKERC is sponsored jointly by Babson College and the
Kauffman Foundation.

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"We are pleased that our total operational expenses remained static at
$1 million in 2005, the same amount as the previous year, despite significant
increased activity," said James DeOlden, CalbaTech Chairman and CEO., its subsidiary that is focusing exclusively on the emerging
adult stem cell market. The Company is focused on providing a
stem cell banking service to affluent individuals; providing services and
technologies to facilitate the efficient acquisition and delivery of purified
adult stem cells to the research market; developing delivery devices for
clinical applications, and developing clinical applications of specific stem
cell based therapies.

This category lists sites on the web which contribute general services, information, advice or inspiration to the process of educating the architect.

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Blank Center for Entrepreneurship, is
the hub for entrepreneurial activity at Babson.

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edu/ESHIP/programs/BKERC /. The workshop planned for
Atlanta next month will provide participants with insights into best
business practices and models for long-term financial success and
growth. For more information on the Atlanta program and other
educational workshops presented by CompTIA, please visit
http://www.aspx

About CompTIA

CompTIA is a global trade association representing the business
interests of the information technology industry.

About CalbaTech
CalbaTech is focused on developing and providing products and platforms to
the research market, both for biotech and pharmaceutical companies, as well as
academic institutions.com

Note: Certain statements in this news release may contain "forward
looking" information within the meaning of rule 175 under the Securities Act
of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the
safe harbor created by those rules. All statements, other than statements of
fact, included in this release , may include forward-looking statements that
involve risks and uncertainties.

ncarb contribute

W.molecula.

Contact:
Paul Knopick
(949) 707-5365
pknopick@eandecommunications.

academies taoism

IRVINE , Calif.01) per share for the second quarter compared to a loss of ($379,656)
or ($0.kdmedical. The market for stem cell technology is currently
$500 million, and has been estimated to grow to $30 billion by the year 2010
due to the growth of new cellular therapeutics as well as clinical
applications .

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CompTIA Workshop Focuses on Profitability Strategies for Technology Resellers

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5 million in revenues in the current fiscal year.

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, is recognized internationally as a
leader in entrepreneurial management education.

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, Nearly 400 delegates from 24
countries are attending the premier scholarly forum for entrepreneurial
research -- the Babson-Kauffman Foundation Entrepreneurship Research
Conference (BKERC) at Babson College.
A Doctoral Consortium, created as a means to unite future entrepreneurship
educators and scholars with established leaders and researchers in the
field, also is taking place at the conference, as is the Forum on
Transgenerational Entrepreneurship.
This news release was issued on behalf of Newswise(TM).
CompTIA is presenting the workshop in conjunction with the Taylor
Business Group, a firm with over 20 years of management and
promotional marketing experience . The association
is involved in developing standards and best practices, and
influencing the political , economic and educational arenas that impact
IT worldwide.comptia. "We are
confident that Molecula (http://www.

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BKERC, which runs through June 12, 2005, "Provides a dynamic venue where
academics and real-world practitioners, through spirited dialogue, can link
theory and practice," says Stephen Spinelli, Jr. Babson Executive Education offers executive development programs to
experienced managers worldwide. For information, visit
http://www.babson.comptia.
Revenues for the second quarter totaled $310,525, compared to revenues of
$40,941 for the same period in 2004.
LifeStem is positioning itself to become a leading supplier of "Cellular
Logistics" in this large new market .

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The 2005 BKERC Call for Papers attracted 606 abstracts from scholars in 37
countries. Olin Graduate School of Business at Babson
College.CalbaTech."
The 10-QSB filing goes into detail on the Company's expectations for
LifeStem Inc. There can be no assurance that such
statements will be accurate and actual results and future events could differ
materially from those anticipated in such statements.

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WELLESLEY, Mass. Babson grants BS degrees
through its innovative undergraduate program, and grants MBA and custom MS
and MBA degrees through the F.

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com.

Business Editors /Technology Writers

ATLANTA----The Computing Technology
Industry Association (CompTIA) today announced it will present a
two-day educational program here on profitability strategies for
technology resellers in and around the greater Atlanta area. For more than 23
years CompTIA has provided research , networking and partnering
opportunities to its 20,000 members in 102 countries.
(OTC Bulletin Board: CLBE), an emerging life sciences company
(http://www.

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babson.
The conference host, the Arthur M.

, CalbaTech, Inc. LifeStem's strategy is to leverage CalbaTech's infrastructure
of companies to obtain a leadership position in the emerging stem cells arena
and become a preferred provider of adult stem cells to the clinical researcher
as part of a comprehensive package of stem cell based services. In addition to growth through acquisition, CalbaTech,
comprised of three divisions , Molecular Applications, Research Reagents, and
Cellular Therapeutics, is building an experienced and innovative scientific
staff, including several notable members of its Scientific Advisory Board ,
that intend to contribute innovation in areas of biological discovery.

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---

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