ethical ilar

About Innovative Biosensors, Inc.

iivs founders

This makes Barnard one of the most powerful people at PETA .

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welfare ilar

"Our company has experienced
exceptional growth this year, and the launch of our E. The company 's
technology is expected to have broad applications in food testing,
animal health, and human health care, including drug discovery and
development and disease diagnosis.
"PCRM unethically opposes the research that will one day lead to a cure
for AIDS, cancer, and other diseases," said Center for Consumer Freedom
Director of Research David Martosko.

This category is for international organizations.

governance experiments

"
Blindly ignoring scientific progress, the Physicians Committee for
Responsible Medicine is siding with lab rats instead of sick people-and
letting its true agenda show.com/PCRM.

vitro advancing

We are honored that
the Selection Committee recognized our Company's achievements and
bright future.

Innovative Biosensors is a privately held company developing novel
technologies for the rapid detection of pathogens. And PCRM president Neal
Barnard also serves as president of the PETA Foundation, the organization that
owns PETA's real estate, issues its payroll checks, and funds its many
overseas offices.

zoology vitro

coli
O157:H7 Detection Kit for food processors. Such statements are based on management's current
expectations and are subject to a number of factors and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements.
Dr.

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Jude Children's Research Hospital, the American Foundation
for AIDS Research , the Christopher Reeve Paralysis Foundation, the American
Red Cross, and the March of Dimes.

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Additional information is available
at www.

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Business Editors/Biotech Writers
BIOWIRE2K

COLLEGE PARK, Md. PCRM is an animal rights group, not a mainstream
medical charity.

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This
technology enables the detection of pathogens with an unmatched
combination of speed and sensitivity. In January 2005 , IBI launched
its first of several soon-to-be-released pathogen tests, the E.com

This release may contain forward-looking statements that are
subject to certain risks and uncertainties, including Innovative
Biosensors' mission to develop and commercialize instrument systems,
Innovative Biosensors ' ability to develop new technologies to conduct
rapid diagnosis. People for the Ethical Treatment of Animals (PETA) has
already steered more than $1.

The Center for Consumer Freedom is a nonprofit coalition supported by
restaurants, food companies, and consumers, working together to promote
personal responsibility and protect consumer choices.

Organizations which concentrate on particular countries or regions are in the appropriate sub-categories.

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took home the award
for 2005 Life Science Company of the Year during last night's 2005
Maryland Incubator Company of the Year Awards reception.innovativebiosensors. Frederick Robbins, who won a Nobel Prize for his work on polio, would
later write that "all we learned about the disease came from studies with
animals ." And Albert Sabin, the 60-year veteran of biomedical research who
developed the oral polio vaccine , wrote in 1992 that studies using animals
"were necessary to solve many problems before an oral polio -virus vaccine
could become a reality.3 million to PCRM.

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"This prestigious award brings validation to our accomplishments
as a growing developer and manufacturer of rapid pathogen tests and
highlights the importance of incubators to entrepreneurship," said Joe
Hernandez, IBI's Founder and CEO.

About the Maryland Incubator of the Year Awards

Sponsored by The Maryland Technology Development Corporation
(TEDCO), American Express Tax + Business Services, Maryland Department
of Business + Economic Development (Maryland DBED), and Saul Ewing
LLP, the Maryland Incubator Company of the Year awards are chosen in
several categories by a committee of regional industry leaders and
early -stage investors.

founders experiments

----Innovative
Biosensors, Inc. (IBI), a company developing rapid, ultra-sensitive
tests to detect harmful pathogens, today announced that it has
received the 2005 Maryland Incubator Company of the Year Award for
Best Life Science Company."
IBI's BioFlash(TM) pathogen detection system utilizes CANARY(TM),
a rapid pathogen detection technology developed at MIT.

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Innovative Biosensors
cautions investors that there can be no assurance that actual results
or business conditions will not differ materially from those projected
or suggested in such forward-looking statements as a result of various
factors, including, but not limited to, the following: Innovative
Biosensors' expectations that they will incur operating losses in the
near future, the early stage of development of Innovative Biosensors'
products and technologies, uncertainties related to preclinical and
clinical testing and trials, uncertainties surrounding the
availability of additional funding, Innovative Biosensors ' reliance on
research collaborations, the actions of competitors and the
development of competing technologies, potential patent infringement
claims against Innovative Biosensors' products, processes and
technologies, Innovative Biosensors' ability to protect their patents
and proprietary rights and uncertainties relating to commercialization
rights. Hollywood stars like Alec Baldwin, Emmylou
Harris, Ed Asner, and Noah Wyle have lent their names to the group's black-tie
birthday gala.

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PCRM's radical animal-rights agenda drives it to discourage Americans from
supporting charities like the American Heart Association, the American Cancer
Society, the St.

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Innovative Biosensors Inc . Receives 2005 Maryland Incubator Company of the Year Award for Best Life Science Company

ConsumerFreedom .

advancing founders

Consumer Group: Physicians Committee for 'Responsible' Medicine Celebrates 20 Years of Opposing Life -Saving Medical Research

But had the misnamed Physicians
Committee for Responsible Medicine (PCRM ) existed in 1955, it would likely
have opposed the very experiments that led to this medical miracle .

ethical considerations

An award finalist in both the Life Science Company and Technology
Transfer categories, Innovative Biosensors, Inc. coli O157:H7
Detection Kit in January was only the beginning. The company plans to
introduce more tests in both the food testing and human clinical
diagnostics market. Alec Baldwin, Noah Wyle, Ed Asner, Among Stars Supporting Animal Rights
Group Opposed to Medical Research

WASHINGTON, 50 years ago, the world celebrated
the advent of an effective polio vaccine."
To read more about PCRM's unholy alliances, suspect pronouncements, and
questionable leadership, visit http://www.

considerations balancing

PCRM
opposes all medical research that requires the use of animals -- the very work
that helped humankind nearly eradicate polio, smallpox, and measles.

This weekend, PCRM will celebrate 20 years of pursuing its misguided
efforts against medical research. "It's hard to imagine anything more
irresponsible.