LAS VEGAS, March 31, 2010 -- Cord Blood America, Inc. (OTCBB: CBAI), the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, announced today that it has signed a License and Cooperation Agreement for the processing and storage of umbilical cord blood in China with AXM Pharma, Inc. (PINKSHEETS: AXMP).
Cord Blood America, Inc. closed at $0.0094 Tuesday, trading 25,928,347 shares.
AXM Pharma, Inc. closed at $0.0201 Tuesday, trading 600 shares.
Cord Blood America Signs License Agreement to Operate Stem Cell Collection Business in China
About Cord Blood America
Cord Blood America (OTCBB: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTCBB: CBAI), visit our website at corcell.com. For investor information, visit cordblood-america.com.
About AXM Pharma
AXM (PINKSHEETS: AXMP) is the parent company of AXM Shenyang. The company was founded in 2004 at Shenyang, China. Its mission is to become a premier China-based US GMP pharmaceutical manufacturer and distributor targeting and penetrating the markets of China. The company currently owns licenses and is capable to produce both prescription and nonprescription drugs. AXM Shenyang has the ability to produce 30,000,000 tubes for ointment, 500,000,000 tablets and 250,000,000 capsules annually. The company has six buildings totaling over 200,000 square feet that are built on more than 13 acres of campus. It has the technology of microbial fermentation which is used to produce testosaterone and testosaterone undecanoate. In 2007, AXM Shenyang was appointed to sell GM1 as exclusive distributor for Brazil. Currently AXM Shenyang has more than 200 people in marketing and distribution serving more than 20 provinces in China.
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LA MIRADA, Calif., March 31, 2010 -- Lexon Technologies, Inc. (OTCBB: LEXO) today announced the engagement of Headwaters MB, a leading middle market investment bank.
Lexon Technologies, Inc. closed at $0.029 Tuesday, trading 19,241 shares.
Lexon Technologies Retains Headwaters MB
About Lexon Technologies, Inc.
Lexon Technologies is an environmentally "Green" company, a manufacturer of recycled toner for laser printers, fax and multifunction copiers. The Company primarily services large retailers and distributors but also has a growing internet division. Lexon has over 350 product lines with product prices generally 30-60% less than original (OEM) toner cartridges. With a product defect percentage of less than 1%, Lexon also offers a 100% guarantee on all of its products.
The Company, based in La Mirada, California, (ptoner.com), has a 35,000 square foot factory on the premises, approximately 86 employees, and the capacity to manufacture 50,000 cartridges per month and recycles 350 different models of toner cartridges.
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