MediStem Laboratories, Inc. Appoints Former World Health Organization Microbiologist Dr. Clem Persaud To Medical Advisory Board; New Member Underscores Medistem’s Commitment To Collaboration With International Authorities On Stem Cell Research

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 18, 2006--Medistem Laboratories, Inc. (OTCBB:MDSM) (FWB:S2U), committed to the ethical development of next-generation medical therapies from non-controversial adult stem cell sources, announces that Dr. Clem Persaud, a former Fellow at the World Health Organization and microbiologist, is the latest to join its medical advisory board.

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