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[QUOTE]Originally posted by StockBoy10: [QB] MORE LBTN NEWS Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Welcome, none_taken11 [Sign Out, My Account]Finance Home -Help Home InvestingMarket OverviewMarket StatsStocksMutual FundsETFsBondsOptionsIndustriesCurrencyEducationNews & OpinionMarketsInvesting IdeasSmall BizExpert AdviceSpecial EditionsCompany FinancesProvidersPersonal FinanceBanking & BudgetingCareer & WorkCollege & EducationFamily & HomeInsuranceLoansReal EstateRetirementTaxesHow-to GuidesGet QuotesSymbol LookupFinance Search Press Release Source: Lifeline Biotechnologies, Inc. Lifeline Biotechnologies, Inc. to Release Initial Report on First Warning's(TM) New Algorithm Tuesday May 1, 8:31 am ET RENO, Nev.--(BUSINESS WIRE)--Lifeline Biotechnologies, Inc. (Pink Sheets:LBTN - News) today announced that diagnostic success appears on the horizon for Lifeline's First Warning System(TM) which is designed to assist in the early detection of breast cancer. The company is expecting to soon release a promising initial report on its new algorithm developed by its study group. ADVERTISEMENT Louis Keith, MD, PhD, Lifeline's Medical Director and Vice President, stated that on their recent visit to SE Asia, he and Jim Holmes, Lifeline's CEO, met with two eminent scientists of a prestigious technical university, engineers in the field of pattern recognition. These engineers, associated with Lifeline during the last three years, are assisting the Company in the development of new neural networks and have been working with the process to eliminate noise for the patient thermal data recorded by the First Warning System(TM). Thus far, the preliminary results have produced much better results in terms of reducing false positive and false negative interpretations. Jim Holmes stated, "The Company's next step is to examine a larger group of women to verify what we have discovered." Share Exchange, Series B Convertible Preferred for Common Shares The cut-off date, for the previously announced exchange of series B preferred stock for common stock, for shareholders to submit their common shares to Lifeline's Transfer Agent, OTC Corporate Stock Transfer, Jericho, NY, has been extended to May 18, 2007. The exchange is for one share of preferred, valued at $1.00 each for each 1600 shares of common stock submitted. The value of the common stock is $.000625 per share, a premium over the current market price. To qualify for the exchange, shareholders must submit a minimum of 100,000 common shares. The Series B Preferred Stock is valued at $1.00 per share for future conversion purposes. The Company will be sending an Information Statement disclosing the terms and conditions of the exchange. In addition, particulars concerning the exchange will be posted on Lifeline's website [URL=http://www.lbtn.com.]www.lbtn.com.[/URL] About Lifeline Biotechnologies, Inc. Lifeline Biotechnologies, Inc. has recently reacquired the First Warning System(TM) which it had sold in 2006. The Company will focus on completing the development of the First Warning System(TM), designed to assist in the early detection of breast cancer. The underlying technology, upon which the First Warning System(TM) is based, holds the possibility of eliminating over 90% of unnecessary breast biopsies performed each year providing a potential savings of up to $2.8 billion annually. Additionally, the First Warning System(TM) could conceivably eliminate the need for suggested MRIs, a savings of another $1.3 billion. Of the approximately $138 billion spent on cancer each year, Lifeline could potentially save the healthcare industry up to $4.1 billion annually. Upon successful completion of the development of the First Warning System(TM), conducting clinical trials and obtaining FDA pre-marketing clearance, Lifeline will commence marketing its breast cancer early detection system. More information is available at the Company's website: [URL=http://www.lbtn.com.]www.lbtn.com.[/URL] Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit [URL=http://www.bigappleconsulting.com/compro.php]www.bigappleconsulting.com/compro.php[/URL] and download your FREE copy of Big Apple ComPro. Contact: Lifeline Biotechnologies, Inc. Rodney Marvel, Investor Relations, 1-866-THE-APPL(E) [URL=http://www.lbtn.com]www.lbtn.com[/URL] -------------------------------------------------------------------------------- Source: Lifeline Biotechnologies, Inc. Email Story Set News Alert Print Story Related Quote LBTN.PK 0.00 0.00 News View Detailed Quote Delayed 20 mins Providers - Disclaimer Related News Stories · Lifeline Biotechnologies, Inc. Prepares for Patent Application Filing - Business Wire (Mon Apr 30) · CORRECTING and REPLACING Lifeline Biotechnologies, Inc. Extends Stock Exchange Date - Business Wire (Fri Apr 27) · Lifeline Biotechnologies, Inc. Extends Stock Exchange Date - Business Wire (Thu Apr 26) · Lifeline Biotechnologies, Inc. Authorizes Stock Exchange Program to Shareholders - Business Wire (Thu Apr 5) More... ADVERTISEMENT Reno 911: Miami The Number 23 The Messengers Ghost Rider The Astronaut Farmer Breach Top Stories · Stocks Head for Moderately Higher Open - AP (8:09 am) · Procter & Gamble Earnings Rise 14 Pct. - AP (8:36 am) · Archer Daniels Midland Profit Rises - AP (8:08 am) · Sirius Satellite Radio 1Q Loss Shrinks - AP (8:03 am) More... -------------------------------------------------------------------------------- · Most-viewed articles RSS Feeds Add headlines to your personalized My Yahoo! Page ( About My Yahoo! and RSS ) LBTN.PK Headlines My Yahoo RSS More Finance RSS Feeds -------------------------------------------------------------------------------- Copyright © 2007 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Ad Feedback Copyright © 2007 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials by posting, archiving in a public web site or database, or redistribution in a computer network is strictly forbidden. [/QB][/QUOTE]
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