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NeoStem to Present at Multiple Conferences in February

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NEW YORK, Feb. 7, 2013 (GLOBE NEWSWIRE) -- NeoStem, Inc. (NYSE MKT:NBS) ("NeoStem" or the "Company"), an emerging leader in the fast growing cell therapy market, today announced that the Company and its subsidiary, Progenitor Cell Therapy ("PCT"), will present at multiple conferences in February.

15th Annual BIO CEO & Investor Conference

  • Date: Monday, February 11, 2013, 2:00 PM EST
  • Venue: The Waldorf Astoria, New York, NY
  • Speaker: Robin L. Smith, M.D., MBA, Chairman and CEO, NeoStem, will give a company presentation
  • The presentation will be webcast live and available to view at the following web address: http://www.neostem.com/ir-events.html. The webcast will be archived for 90 days following the live presentation.

8th Annual New York Stem Cell Summit '13

  • Venue: Battery Gardens, New York, NY
  • Session 1
    -- Date: Tuesday, February 19, 2013, 11:05 AM EST
    -- Session Title: Treating the Aging Patient with Stem Cells
    -- Panelist: Robin L. Smith, M.D., MBA, Chairman and CEO, NeoStem
  • Session 2
    -- Date: Tuesday, February 19, 2013, 3:10 PM EST
    -- Session Title: Critical Time to Market for Stem Cell Suppliers
    -- Panelist: Robert A. Preti, Ph.D., President and Chief Scientific Officer, PCT

The Wall St. Conference

  • Date: Wednesday, February 20, 2013
  • Venue: Maggiano's, Boca Raton, FL
  • Speaker: Robin L. Smith, M.D., MBA, Chairman and CEO, NeoStem, will give a company presentation

About NeoStem, Inc.

NeoStem, Inc. continues to develop and build on its core capabilities in cell therapy, capitalizing on the paradigm shift that we see occurring in medicine. In particular, we anticipate that cell therapy will have a significant role in the fight against chronic disease and in lessening the economic burden that these diseases pose to modern society. We are emerging as a technology and market leading company in this fast developing cell therapy market. Our multi-faceted business strategy combines a state-of-the-art contract development and manufacturing subsidiary, Progenitor Cell Therapy, LLC ("PCT"), with a medically important cell therapy product development program, enabling near and long-term revenue growth opportunities. We believe this expertise and existing research capabilities and collaborations will enable us to achieve our mission of becoming a premier cell therapy company.

Our contract development and manufacturing service business supports the development of proprietary cell therapy products. NeoStem's most clinically advanced therapeutic, AMR-001, is being developed at Amorcyte, LLC ("Amorcyte"), which we acquired in October 2011. Amorcyte is developing a cell therapy for the treatment of cardiovascular disease and is enrolling patients in a Phase 2 trial to investigate AMR-001's efficacy in preserving heart function after a heart attack. Athelos Corporation ("Athelos"), which is approximately 80%-owned by our subsidiary, PCT, is collaborating with Becton-Dickinson in the early clinical exploration of a T-cell therapy for autoimmune conditions. In addition, pre-clinical assets include our VSELTM Technology platform as well as our mesenchymal stem cell product candidate for regenerative medicine. Our service business and pipeline of proprietary cell therapy products work in concert, giving us a competitive advantage that we believe is unique to the biotechnology and pharmaceutical industries. Supported by an experienced scientific and business management team and a substantial intellectual property estate, we believe we are well positioned to succeed.

For more information on NeoStem, please visit www.neostem.com.

Forward-Looking Statements for NeoStem, Inc.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy, including with respect to the Company's or its partners' successful development of AMR-001 and other cell therapeutics, the size of the market for such products, its competitive position in such markets, the Company's ability to successfully penetrate such markets and the market for its contract development and manufacturing business, and the efficacy of protection from its patent portfolio, as well as the future of the cell therapeutics industry in general, including the rate at which such industry may grow. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors, including but not limited to matters described under the "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 20, 2012 and in the Company's other periodic filings with the Securities and Exchange Commission, all of which are available on its website. The Company does not undertake to update its forward-looking statements. The Company's further development is highly dependent on future medical and research developments and market acceptance, which is outside its control.

CONTACT: Trout Group Lauren Kwiecinski, Senior Associate Phone: +1-646-378-2934 Email: lkwiecinski@troutgroup.com

Source:NeoStem Inc.

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