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Power3 Medical To Aquire Rozetta Cell Life Stock Updates On Prot And Brcd- Pennytobuck.com

Power3 Medical Products, Inc. (OTCBB:PWRM), a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it has signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc.

PWRM plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into PWRM, with PWRM remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in October or November 2010.

Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. Rozetta Cellhas a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.

Completion of the merger is subject to customary closing conditions, including receipt by the parties of all necessary board and shareholder approvals and third party consents. There can be no assurance that these conditions will be met or that the merger will be completed.

For more information, please visit http://www.power3medical.com.

PROTEONOMIX, INC. (OTCBB:PROT), a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced today that Mr. Michael Cohen, Chairman and CEO, is scheduling a multi-city European road trip to create additional awareness of the Proteonomix, Inc. investment opportunity to institutional investors.

Scheduled for early October, Mr. Cohen will discuss with sophisticated investors the recent contract to establish a joint venture with a group of investors that will establish a new stem cell treatment and research facility in the United Arab Emirates (U.A.E.). In addition, Mr. Cohen will discuss the opportunity to set up additional joint ventures in other countries using the U.A.E. arrangement as a model.

The recent contract calls for the joint venture partner to invest million on or before September 10, 2010 in a Joint Venture company, XGEN Medical LLC. (XGen), a Nevis Island limited liability company.

XGen will purchase Proteoderm at a wholesale price of 50% of the Manufacturers Suggested Retail Price (MSRP). XGen will maintain exclusive distribution rights in the U.A.E., provided the Joint Venture purchases a minimum order of 5,000 units the first year, and increases purchases at a rate of 20% per annum until reaching 10,000 units per year. All terms of the agreement are subject to normal due diligence provisions.

PROT is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromaCel, Inc.s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomixs operating subsidiary.

In a bid to increase network performance, simplify management and enhance business efficiency, more than three-quarters of enterprises across Europe, the Middle East and Africa (EMEA) are looking to consolidate their existing IT infrastructure in the next 12 months, according to new research commissioned by Brocade (NASDAQ:BRCD). The research found that 76 percent of enterprises consider IT consolidation to be one of the top three IT issues they face in the coming year, followed by both virtualization and security.

The 600 EMEA CIOs questioned in this study expect tomorrows corporate networks to fulfill a wide range of sometimes-conflicting demands. They want unprecedented scalability but reduced management complexity (61 percent). They demand seamless mobility and increased agility (38 percent), and nearly half want emerging networking technologies to complement the investments they are making today, instead of forcing them to refresh the entire environment in a wholesale rip-and-replace exercise, while reducing the total cost of ownership.

The findings reinforce BRCDs vision that data centers and networks will evolve to a highly unified network architecture. Brocade recently outlined its vision, called Brocade One, which is based on customer-driven demand for simplified IT architectures and cost reduction, and is designed to optimize data center networks to support virtual servers, applications and data.

Brocade develops extraordinary networking solutions that enable todays complex, data-intensive businesses to optimize information connectivity and maximize the business value of their data. For more information, visit www.brocade.com.

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