Cellexus Biosystems
appoints JM Finn as Company’s Corporate Advisor17th August 2006 Cellexus
Biosystems appoints JM Finn as Company’s Corporate Advisor
August 17th 2006 Cellexus Biosystems PLC (CBIO: Ofex) of Cambridgeshire,
UK, has announced the appointment of JM Finn & Co. of London, UK, as the
Company’s new Corporate Advisor, effective immediately.
Dr Kevin Auton, CEO of Cellexus Biosystems stated “We are delighted to be
working with the team at JM Finn and are looking forward to an exciting 24
months ahead. Having only just listed on Ofex, we continue to implement
our operational plan, which is on track and to budget. As we looked to the
future, we saw that JM Finn would bring an added dimension to the Company
as we prepare for a listing on London’s Alternative Investment Market (AiM)
in 2007, when the timing is right for us. With JM Finn’s recently achieved
status as an AiM Nominated Advisor, combined with their acknowledged
expertise in Corporate Finance, we believe this appointment to be a
fundamental step forward in achieving our long-term goals.”
The Directors of the issuer accept responsibility for this announcement
ENDS
About Cellexus Biosystems PLC
The Company is developing a range of new, value-added disposables to help
researchers in the biopharmaceutical industry and academia develop new
biopharmaceutical products from cell lines.
The Company has already developed its core technology from which a family
of products is being created. Three products will be developed all based
around the core technology - the CellexusBagTM – and will be marketed
under the name: CellMaker LiteTM. These products potentially offer
significant technological improvements over existing products for cell
culture and cell growth in the developing disposables market.
Unlike competitive products, the CellexusBag products do not need to be
stirred, shaken, rocked or rolled, which means the equipment used to
manage the cell culture process is very simple and inexpensive. A patent
application protecting the Company’s intellectual property was filed in
December 2005.
Cellexus Biosystems PLC:
Dr Kevin Auton, CEO
New Tel: +44 1354 657 407
New Fax: +44 870 135 5536
New address: Cellexus Biosystems PLC
Hereward Innovation Centre, Hostmoor Avenue, March,
Cambridgeshire, PE15 0AX, United Kingdom
Email: kevin.auton@cellexusbiosystems.com
www.cellexusbiosystems.com
CORPORATE ADVISER:
JM Finn & Co
Sailsbury House, London Wall, London EC2M 5TA
Mr Clive Carver
Tel: +44 207 628 9688
Email: clive.carver@jmfinn.com
www.jmfinn.com
MEDIA CONTACT FOR CELLEXUS BIOSYSTEMS PLC
Not This Limited
Tel: +44 1480 352 821
Email:
info@notthislimited.co.uk
www.notthislimited.co.uk
