"We believe it is crucial in the war on
terrorism that Radilex be utilized as a possible treatment for anthrax
exposure in emergency events such as the recent detection of anthrax in the
Pentagon mail facility on March 14.

About The Universal Protectants Proposal
The Canadian proposal is a multifaceted approach to potential medical
emergency response targeting rapid development and procurement of new medical
countermeasure strategies against nuclear (N) and radiological (R) threats and
biological (B) and chemical (C) agents. Dr. Testing has shown a survival rate of radiation
exposure at a 7. from Lehigh University in 1980.semi.

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75 gray level, which is a lethal dosage. The
Homspera compound is also being developed as a therapeutic treatment with
various other applications including radiation sickness (Radilex(TM)) and
viral infection/biological warfare (Viprovex(TM)).2 million pounds of hazardous wastes and an
additional 20 million pounds of raw material and process gases at the world 's
largest specialty gas manufacturing facility,
-- Development of a fundamental understanding and advanced process
analytical capability in support of nitrogen trifluoride chamber cleaning,
which led to a significant reduction of global warming gas emissions,
-- Development of a screening procedure that was adopted by the Compressed
Gas Association to identify products which should be designated as "Restricted
Use" and a process for qualifying potential customers to whom materials should
be provided,
-- Development and implementation of a Security Vulnerability Assessment
(SVA) system for the Division which was recently approved and adopted by the
American Chemistry Council,
-- Demanding and receiving the same high level of safety and environmental
performance from his teams around the world, regardless of local customs or
competitive pressures. In 1983, he was named business area manager for Standard
Plants, and in 1987 became general manager of the Process Industries
Department.
Past recipients of the Akira Inoue Award include Pasquale Pistorio , former
CEO of STMicroelectronics; Craig Barrett, former CEO of Intel Corporation;
Farhang Shadman , director of the Engineering and Research Center for
Environmentally Benign Semiconductor Manufacturing at the University of
Arizona; Saburo Kusama, president of Epson Corp.

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, Research and
development biotechnology company ImmuneRegen BioSciences, a wholly owned
subsidiary of IR BioSciences Holdings , Inc. (OTC Bulletin Board: IRBO),
announced today that it has submitted its final response to an invitation to
participate in the Canadian Defense Ministry's "Universal Protectants
Proposal.

The Proposal is under the auspices of the Ottawa and
Suffield provencial branches of the Canadian Defense Ministry's R + D program,
The CBRN Research and Technology Initiative (CRTI). Appointed general manager for the Electronics Division in 1992,
he assumed his current position as vice president and general manager in 1996.

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ImmuneRegen BioSciences, Inc.A.

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ImmuneRegen also recently responded to a Request for Information (RFI)
from the U.immuneregen. degree in engineering from the U. The company has annual revenues of $8.

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1 billion,
operations in over 30 countries, and over 20,000 employees around the globe.com.

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The
award recognizes individuals in industry and academia who have made
significant contributions to this area by exercising leadership or
demonstrating innovation in the development of processes, products or
materials that reduce EHS impacts.; and Isao Uchigasaki,
chairman of the board of Hitachi Chemical Company.org.

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" The company's initial focus has been
on the continuing development of Homspera for various applications for use in
improving pulmonary function and stimulating the human immune system. The Company's
actual results could differ materially from expected results as a result of a
number of factors, including the uncertainties inherent in research
collaborations , clinical trials and product development programs, the
evaluation of potential opportunities, the level of corporate expenditures,
capital market conditions, and others set forth in the Company's periodic
report on Form 10-Q for the three months ended September 30, 2004 as filed
with the Securities and Exchange Commission. Award Honors Outstanding Environmental, Health and Safety Achievement in the
Semiconductor Industry

TOKYO, at roughly
half of the industry average,
-- Implementation of a division-wide Basic Safety Process (BSP) which
identifies hazardous situations to prevent accidents,
-- Provision of turnkey operation of hazardous materials handling at
customer sites, minimizing the potential for customers to come into contact
with potentially harmful substances resulting in an average 93 percent
reduction in incidents per container change since 1998,
-- Annual reduction of 8.
Ermentrout earned a B.

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S. Witten
and his associates observed that the exposure to jet fuels resulted in
pathological changes in the lung and immune systems of those exposed.

Statements about the Company's future expectations, including future
revenues and earnings, and all other statements in this press release other
than historical facts, are "forward -looking statements" within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995.

Ermentrout began his career with Air Products and Chemicals, Inc.

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Witten 's direction is considered to be one of the
world's foremost research centers for developing treatments for ARDS. Naval Academy
in 1970 and an M.

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Final Protocols on Radilex(TM) Compound Submitted for Canada's
'Universal Protectants Proposal'

SCOTTSDALE, Ariz .

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Radilex(TM) was
derived from discoveries made during research funded by the Air Force Office
of Scientific Research in the early 1990s. During this research, Dr.

Gerald G. (Jerry) Ermentrout Receives 2005 Akira Inoue Award for Environmental Health and Safety Excellence

For more information, visit http://www.

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These studies further showed that the administration of substance P
might help prevent and reverse the effects of jet fuel exposure in the lungs,
as well as protect and regenerate the immune system. The Company intends that such forward-looking
statements be subject to the safe harbors created thereby. Inoue also served on the SEMI Board of Directors.airproducts.

About SEMI
SEMI is a global industry association serving companies that provide
equipment, materials and services used to manufacture semiconductors,
displays, nano-scaled structures, micro-electromechanical systems (MEMS) and
related technologies.

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"
On March 11 ImmuneRegen submitted a formal proposal for inclusion in the
Universal Protectants Proposal respective to the Company's compound
Radilex (TM), currently in development for treating the negative and possibly
deadly effects of:

* Anthrax
* Acute Radiation Sickness (ARS)
* Acute Respiratory Distress Syndrome (ARDS)
* Ricin poisoning
* Other poisonous inhalants

Recent testing of Radilex using Total Body Irradiation (TBI) showed a 100%
survival rate among irradiated mice treated with Radilex Post Lethal Exposure
(PLE). The award is named after the late Akira Inoue, past
president of Tokyo Electron Limited and a strong advocate of the environment,
health and safety.

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ImmuneRegen has named the compound "Homspera(TM),"
which is also branded as Radilex when applied to toxic radiation exposure. A subcommittee of the SEMI EHS Executive
Committee reviews all nominees and selects the winner.

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Witten has been working on ARDS related protocols for 20 years, with the last
nine years of testing being centered around the proprietary compound,
homeostatic substance P.

About Radilex(TM)
ImmuneRegen's substance Radilex(TM) is a treatment currently in
development for the negative effects of radiation, anthrax, ricin poisoning
and other poisonous inhalants.

About ImmuneRegen BioSciences, Inc.
The Akira Inoue Award is sponsored by the Environmental, Health and Safety
(EHS) Division of SEMI. The company is
recognized for its innovative culture, operational excellence and commitment
to safety and the environment and is listed in the Dow Jones Sustainability
and FTSE4Good Indices.

investigated solvents

" The goal of this program is to find a "universal" treatment for
chemical, biological, radiological, and nuclear (CBRN) threats, such as
Anthrax or dirty bombs. Mark Witten, CSO + Co-Founder of ImmuneRegen BioSciences
The laboratory under Dr., a wholly owned subsidiary of IR BioSciences
Holdings, Inc., is a biotechnology company engaged in the research and
development of applications utilizing modified substance P, a naturally
occurring immunomodulator.

investigated biologicals

"We believe Radilex to be one of the best universal protectant candidates
available against CBRN attacks, since our methods of action do not simply
neutralize the attacking agent, but actually increase immune system activity,
thereby allowing the body's own immune system to attack and overcome the CBRN
agent," commented Dr. Department of Health and Human Services (DHHS) regarding
potential therapeutics for the treatment for Acute Radiation Syndrome (ARS).

About Dr. For more information,
please visit the company's website at http://www .S.

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Mark Witten, co-founder and Chief Scientific Officer of
ImmuneRegen Biosciences, Inc.), Seoul , Shanghai, Singapore, Tokyo and
Washington, D.C.

minimize exposures

ImmuneRegen Responds to Canadian Defense Ministry With Possible Treatment for Anthrax

The Company's current production of Radilex is manufactured
under GMP standards.

B.
For more information, visit http://www.

exposures toxicology

ImmuneRegen BioSciences has begun preparations to
produce Radilex on a large scale should such potential purchases of the
compound occur.com. in 1975
as a participant in the company's Career Development Program, becoming a sales
engineer in 1976.S.

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The scope of this project, in
collaboration with US partners, is to independently assess a number of novel
therapeutic/prophylactic agents for their universal protective potential
against CBRN exposures. It was
also observed that such exposure resulted in depletion of substance P from the
lungs. Derived from homeostatic substance P, the company
has named their compound "Homspera(TM). SEMI maintains offices in Austin, Beijing, Brussels,
Hsinchu, Moscow, San Jose (Calif.

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About Air Products
Air Products (NYSE: APD) serves customers in technology , energy,
healthcare and industrial markets worldwide with a unique portfolio of
products, services and solutions, providing atmospheric gases, process and
specialty gases, performance materials and chemical intermediates. Founded in
1940, Air Products has built leading positions in key growth markets such as
semiconductor materials, refinery hydrogen, home healthcare services, natural
gas liquefaction, and advanced coatings and adhesives.

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