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Bio-Matrix Scientific Group Receives Biologics License to Accept Cord Blood and Other Specimens

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Bio-Matrix Scientific Group Inc. has announced that on November 1, 2007, the Company was granted a Biologics license (License) from the Department of Health Services of the State of California.

This License permits the Company’s current facility to accept and store cord blood (Stem Cells), whole blood, and various blood related specimens for cryogenic short and long term storage.

In addition, the Company intends to apply to the Department of Health Services of the State of California for a Tissue Bank License which will permit the Company to process stem cells from all sources (including adipose tissue derived stem cells).