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PCT NEWS
                                                    NASDAQ:PBIO
                                      Discovery Starts With Sample PreparationTM


Volume 5, Issue 11                                                                                     November 2011

      Pressure BioSciences Awarded $649,000 Grant from the
                  Department of Defense (“DoD”)
    Non-dilutive Funding for the Development of an Automated, High-throughput, PCT Based System
                        to Help in the Detection of Highly Pathogenic Organisms
                  Total of $809,000 of Non-Dilutive Funding Awarded in Past Two Months

      Pressure BioSciences Awarded                                   Excerpt from Application Note: AN-00022
         $649,000 Grant from the
                                                                        Isolation of Functional Mitochondria from
      Department of Defense (“DoD”)                                     Whole Rat Brain Using a PBI Shredder and
South Easton, MA, October 13, 2011 – Pressure BioSciences,                 Pressure Cycling Technology (PCT)
Inc. (NASDAQ: PBIO) (“PBI” and the “Company”) today
announced that it has been awarded a $649,498 SBIR Phase II       Introduction
grant (W81XWH-10-C-0175) from the U.S. Department of              Isolation of intact mitochondria from human and animal
Defense (“DoD”). Entitled “Development of a Universal Method      tissue is crucial for studies that focus on the elucidation of
for Diagnostic Sample Inactivation, Extraction, and Enrichment    their function and dysfunction in conditions such as aging,
of Pathogens in Arthropod Hosts of Military Importance”, this     diabetes and cancer. As potential drug targets, high quality
grant will help fund the development of an automated, high-       functional mitochondrial isolates are important for drug
throughput, high pressure system (instrument and consumables)     screening studies [1]. Mitochondria isolation from solid
for the safe and accurate processing of pathogenic organisms      tissue is usually carried out using labor-intensive
(viruses and bacteria). The system will be based on the
                                                                  homogenizer-based methods [2] that require extensive
Company’s patented, powerful, and enabling pressure cycling
technology (“PCT”) platform.                                      operator experience. Here we describe a semi-automated
                                                                  method to release mitochondria from solid rat brain tissue,
Mr. Richard T. Schumacher, President and CEO of PBI, stated:      using a PBI Shredder and PCT in place of traditional
“This grant award is very important and timely for PBI, as it     manual homogenization.
provides $649,000 in non-dilutive funding for the Company,
payable over two years. Inclusive of our previously announced     Results and Discussion
NIH SBIR I award, this brings the total of non-dilutive funding   Here we demonstrate that high quality mitochondria can be
awarded PBI over the past two months to $809,000.”                extracted from rat brain tissue using The PBI Shredder and
                                                                  PCT.     Similar results would be achieved using The
                                                                  SHREDDER SG3 and PCT. This method is based on
             Continued on Page 2, Column 1                        previous data that support the use of the Shredder and
                                                                  PCT for isolation of intact mitochondria from cell cultures
                                                                  [3], kidney and skeletal muscle [4], and lung tissue [5].
                                                                  Total protein concentration of the final mitochondria
                                                                  preparations was 24 ± 7.4 mg/mL (n=4). Previous data
                        PBI EVENTS                                generated using muscle tissue suggest that no
                                                                  improvement in yield is achieved when pressure is
Dr. Bradford Powell (Founder and CSO, Cernomics                   increased above 10,000 psi [4]; however, it is possible that
Solutions) will present a podium talk at the Integrating          with brain tissue, higher pressures could be beneficial.
Sample Preparation 2011 Meeting Integrating Sample
Preparation of Chemical & Biological Agents, Threats &            The ability of isolated brain mitochondria to respond to
                                                                     2+
Pathogens into Detection, Identification & Analysis               Ca is shown in Figure 2. These results confirm that rat
Technologies & Devices entitled “A Need for Improved              brain mitochondria exposed to hydrostatic pressure cycling
Sample Inactivation and Extraction Methods to                     at 10,000 psi are intact and exhibit a normal response to
                                                                     2+
Support Systems Biology Analysis” December 8-9,                   Ca overload.
2011 - Washington, DC                                                           Continued on Page 2, Column 2
PCT NEWS
                                                        NASDAQ:PBIO
                                          Discovery Starts With Sample PreparationTM


Volume 5, Issue 11                                                                                                                                                 November 2011

Pressure BioSciences Awarded $649,000 Grant from the                    Application Note: AN-00022: Isolation of Functional
Department of Defense (“DoD”): Continued from Page 1,                   Mitochondria from Whole Rat Brain Using a PBI
Column 1                                                                Shredder and Pressure Cycling Technology (PCT):
Mr. Schumacher continued: “The DoD award covers a                       Continued from Page 1, Column 2
substantial portion of the remaining development costs of an
entirely new PCT-based instrument and consumables system,                      Control Brain Mitochondria control
                                                                                                          Isolated by Manual Method
one that we believe will fill an existing need for a fully automated,                                1100                          TMRM
                                                                                                                                                    5000
                                                                                                                                                                  Ca2+              Ca
high throughput, PCT-based system in the life sciences sample                                        1000
                                                                                                                                                    4000


preparation market. We believe this is an estimated $6 billion                                                                                      3000
                                                                                                                                                                                                 A
                                                                                                                                                                                                 Ala
                                                                                                     900
market, with approximately 80,000 laboratories and 500,000                                                                                          2000


researchers worldwide. We also believe that this new system                                          800
                                                                                                                                                    1000




                                                                                IF, counts/sample
has the potential to significantly expand PCT instrumentation                                        700                                                 0
                                                                                                            0   200   400   600   800   1000 1200            0   200   400   600   800   1000 1200
and consumables sales into this large and growing market.”
                                                                                                                             NADH                   3000                      abs6rbance
                                                                                                                                                                              Swelling
Dr. Edmund Y. Ting, Senior Vice President of Engineering for                                         400


PBI, said: “The detection of dangerous pathogens in the field is                                     300
                                                                                                                                                    2000
                                                                                                                                                                                             A Ala
essential to protect soldiers, emergency responders, and others
                                                                                                     200
against possible exposure to biological threat agents. Such                                                                                         1000
detection requires the safe and rapid inactivation of infectious                                     100


samples and the simultaneous extraction of biomolecules (DNA,                                               0   200   400   600   800   1000 1200            0   200   400   600   800   1000 1200

                                                                                                                                               Time, s
RNA, proteins) from the pathogen, including highly dangerous
bacteria such as anthrax. We believe that PCT is one of the                                     Brain Mitochondria Isolated by Shredder and PCT
best technology platforms available today that can concomitantly                                                                                         Brain mito
                                                                                                                                                                Ca 10uM
inactivate infectious samples and extract biomolecules from                                                            TMRM                         4000
these pathogens, while leaving the sample in a form viable for                                       2000

accurate subsequent testing. Funds from this grant will be used                                                                                     3000
                                                                                                                                                                                           Ala
to accelerate the development of this novel PCT-based system                                         1500                                           2000


for the DoD.”                                                                                                                               Ala
                                                                                                                                                    1000
                                                                                I F, counts/sample




                                                                                                     1000
                                                                                                                                                         0
Dr. Alexander V. Lazarev, Vice President of R&D for PBI,                                                    0   200   400   600   800   1000 1200            0   200   400   600   800   1000 1200

commented: “As we develop the DoD specific field use                                                 200
                                                                                                                                                                       swelling
instrument, we plan to adapt the new PCT system for both                                                                                            2000
                                                                                                     150
research and clinical diagnostics laboratory use as well. We                                                                               Ala

believe that we understand the issues involved and can make                                          100
                                                                                                                                                    1000
                                                                                                                                                                                           Ala

the modifications required to adapt the DoD field instrument for                                      50

such use.”                                                                                              0                                                0
                                                                                                            0   200   400   600   800   1000 1200            0   200   400   600   800   1000 1200
During the term of this grant, the Company will collaborate with                                                                               Time, s
scientists from both the U.S. Army Medical Research Institute of
Infectious Diseases (“USAMRIID”) and the University of Texas            Figure 2. Mitochondria isolated by a conventional technique [6]
Medical Branch (“UTMB”). USAMRIID is the nation’s premier               (top panel) and Shredder/PCT method (bottom panel)
research laboratory designed and dedicated to the discovery of          demonstrate that mitochondria prepared by both methods are
                                                                                                                                         2+
medical solutions against biological threat agents. UTMB                intact as assayed by their ability to respond to exogenous Ca .
operates one of two National Biocontainment Laboratories                Addition of mitochondria to the sample chamber is indicated by
                                                                                                 2+
constructed under grants awarded by the National Institutes of          the red arrow. Each Ca addition is indicated by a black arrow
Health                                                                  (note that the scale on the Y-axes is not always the same in the
                                                                                              2+
                                                                        2 panels). The Ca -induced response was monitored by
                                                                        simultaneous four channel recording. Changes in membrane
                                                                                                                         2+
                                                                        potential were monitored using TMRM. Ca                -fluxes were
                Continued on Page 3, Column 1                           monitored with CaGreen 5N, which increases its fluorescence
                                                                                                                            2+
                                                                        when complexed with free extra-mitochondrial Ca . Oxidation of
                                                                        mitochondrial pyridine nucleotides was measured as a decrease
                                                                        in autofluorescence of NADH and NADPH. Swelling was
                                                                        detected as a decrease of light scattering.

                                                                                                                Continued on Page 3, Column 2
PCT NEWS
                                                                      NASDAQ:PBIO
                                                        Discovery Starts With Sample PreparationTM


Volume 5, Issue 11                                                                                                                November 2011

Pressure BioSciences Awarded $649,000 Grant from the Department of                            Application Note: AN-00022: Isolation of Functional
Defense (“DoD”): Continued from Page 2, Column 1
                                                                                              Mitochondria from Whole Rat Brain Using a PBI
About Pressure BioSciences, Inc.                                                              Shredder and Pressure Cycling Technology (PCT):
Pressure BioSciences, Inc. (PBI) (NASDAQ: PBIO) is focused on the development,
marketing, and sale of proprietary laboratory instrumentation and associated                  Continued from Page 2, Column 2
consumables based on Pressure Cycling Technology (“PCT”). PCT is a patented,
enabling technology platform with multiple applications in the estimated $6 billion life      Conclusions
sciences sample preparation market. PCT uses cycles of hydrostatic pressure between
ambient and ultra-high levels to control bio-molecular interactions. PBI currently focuses    Traditional manual methods for isolation of functional
its efforts on the development and sale of PCT-enhanced bio-molecule extraction and           mitochondria from tissues rely heavily on operator training,
enzymatic digestion products for mass spectrometry, biomarker discovery, bio-
therapeutics characterization, vaccine development, soil and plant biology, forensics,        experience and skill. Without considerable training,
histology, and counter-bioterror applications.                                                common mistakes such as tissue over-homogenization
Forward Looking Statements                                                                    can result in damaged mitochondria and highly variable
Statements contained in this press release regarding PBI's intentions, hopes, beliefs,        results. Here we describe a convenient method for
expectations, or predictions of the future are "forward-looking'' statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking         isolation of intact and functional mitochondria from fresh
statements include statements regarding the expectation that the Company’s                    rat brain tissue using a PBI Shredder and PCT. During
development efforts funded by the Phase II grant from the DoD will be successful and will
lead to the release of an entirely new PCT-based system for processing pathogenic             shredding, the design of the FT 500-S PULSE Tube forces
organisms; the potential functionality and benefits of, and the market demand for, the new
PCT-based system; the ability to significantly expand PCT instrument and consumables
                                                                                              the homogenate through the holes of the Lysis Disk into
sales into the life sciences sample preparation market; that the life sciences sample         the upper compartment. This simple but effective design
preparation market is an estimated $6 billion market, with approximately 80,000 labs and
500,000 researchers worldwide; that detection of pathogens in the field require the safe,     significantly reduces the likelihood of sample over-
rapid, and simultaneous inactivation and extraction of biomolecules from infectious           homogenization. Following the shredding step, brief PCT
samples; that PCT is one of best technologies that can safely inactivate and extract highly
infectious pathogens while leaving the sample viable for analysis; that the new PCT-          treatment at 10,000 psi is used extract the intact
based system can be easily adapted for research and clinical diagnostics laboratory use;      mitochondria.
that a new 96-well plate format can be developed for the new PCT system, and that this
format can be used to enable PCT-processed samples to be directly analyzed by current
state-of-the-art analytical instrumentation through laboratory robotics and other
                                                                                              The PBI Shredders and PCT are physical tissue
automation; that funds from the new DoD grant will cover most of the development costs        disruption/lysis methods that are widely applicable to many
of the new PCT System; and that this new PCT system will fill an existing large and
important need in the market. These statements are based upon the Company's current           sample preparation needs. In the case of mitochondria
expectations, forecasts, and assumptions that are subject to risks, uncertainties, and        isolation, the buffers described above can be readily
other factors that could cause actual outcomes and results to differ materially from those
indicated by these forward-looking statements. These risks, uncertainties, and other          replaced by other mitochondria isolation buffers depending
factors include, but are not limited to: due to unforeseen technical difficulties, the        on the needs and preferences of the user. As previously
Company’s development of the DoD specific field use instrument or the adaption of the
DoD specific field use instrument for research and clinical diagnostics laboratory use, may   demonstrated with other tissue types, the mitochondria
be delayed or may not be successfully completed; possible difficulties or delays in the       isolated using this convenient method can be used for
implementation of the Company's strategies that may adversely affect the Company's
continued commercialization of its PCT-based product line; changes in customer’s needs        proteomic as well as functional studies [3, 4]. This method
and technological innovations; the Company’s sales force may not be successful in
selling the Company’s PCT product line because scientists may not perceive the
                                                                                              is simple, easy to learn, and eliminates many of the
advantages of PCT over other sample preparation methods; that the Company may not             problems of traditional manual mitochondria preparation
be successful in raising the additional capital necessary to fund the Company’s
operations beyond late November; if the NASDAQ Listing Qualifications Panel does not          methods.
accept the Company’s plan to regain compliance with the NASDAQ Listing Rule for
minimum stockholder equity, the Company’s common stock will be delisted from The
NASDAQ Capital Market; and if actual operating costs are higher than anticipated, or
                                                                                              References
revenues from product sales are less than anticipated, the Company may need additional        [1] Armstrong (2007) Brit. J. Pharm. 151, 1154-1165
capital sooner than expected. Given the uncertainty in the capital markets and the
current status of the Company’s product development and commercialization activities,         [2] Rasmussen et al., (1997) Anal. Biochem. 252:153-159.
there can be no assurance that the Company will secure the additional capital necessary       [3] Gross et al. (2008) Biotechniques 45(1):99-100
to fund its operations beyond late November on acceptable terms, if at all. Additional
risks and uncertainties that could cause actual results to differ materially from those       [4] Gross et al. (2011) Anal. Biochem. In Press
indicated by these forward-looking statements are discussed under the heading "Risk           [5] Application Note AN-00021: Isolation of
Factors" in the Company's Annual Report on Form 10-K for the year ended December 31,
2010, and other reports filed by the Company from time to time with the SEC. The              Mitochondria from Rat Lung Using The PCT Shredder
Company undertakes no obligation to update any of the information included in this            and Pressure Cycling Technology (PCT)
release, except as otherwise required by law.
                                                                                              [6] Stavrovskaya et al. (2010) Free Rad. Biol. & Med. 49 :
  For more information about PBI and this press release,                                      567-579
            please click on the following links:
                http://www.pressurebiosciences.com
                                                                                                   Click On Title for Complete Application Note
                               http://bit.ly/p1zk9s

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PCT News November 2011 Edition

  • 1. PCT NEWS NASDAQ:PBIO Discovery Starts With Sample PreparationTM Volume 5, Issue 11 November 2011 Pressure BioSciences Awarded $649,000 Grant from the Department of Defense (“DoD”) Non-dilutive Funding for the Development of an Automated, High-throughput, PCT Based System to Help in the Detection of Highly Pathogenic Organisms Total of $809,000 of Non-Dilutive Funding Awarded in Past Two Months Pressure BioSciences Awarded Excerpt from Application Note: AN-00022 $649,000 Grant from the Isolation of Functional Mitochondria from Department of Defense (“DoD”) Whole Rat Brain Using a PBI Shredder and South Easton, MA, October 13, 2011 – Pressure BioSciences, Pressure Cycling Technology (PCT) Inc. (NASDAQ: PBIO) (“PBI” and the “Company”) today announced that it has been awarded a $649,498 SBIR Phase II Introduction grant (W81XWH-10-C-0175) from the U.S. Department of Isolation of intact mitochondria from human and animal Defense (“DoD”). Entitled “Development of a Universal Method tissue is crucial for studies that focus on the elucidation of for Diagnostic Sample Inactivation, Extraction, and Enrichment their function and dysfunction in conditions such as aging, of Pathogens in Arthropod Hosts of Military Importance”, this diabetes and cancer. As potential drug targets, high quality grant will help fund the development of an automated, high- functional mitochondrial isolates are important for drug throughput, high pressure system (instrument and consumables) screening studies [1]. Mitochondria isolation from solid for the safe and accurate processing of pathogenic organisms tissue is usually carried out using labor-intensive (viruses and bacteria). The system will be based on the homogenizer-based methods [2] that require extensive Company’s patented, powerful, and enabling pressure cycling technology (“PCT”) platform. operator experience. Here we describe a semi-automated method to release mitochondria from solid rat brain tissue, Mr. Richard T. Schumacher, President and CEO of PBI, stated: using a PBI Shredder and PCT in place of traditional “This grant award is very important and timely for PBI, as it manual homogenization. provides $649,000 in non-dilutive funding for the Company, payable over two years. Inclusive of our previously announced Results and Discussion NIH SBIR I award, this brings the total of non-dilutive funding Here we demonstrate that high quality mitochondria can be awarded PBI over the past two months to $809,000.” extracted from rat brain tissue using The PBI Shredder and PCT. Similar results would be achieved using The SHREDDER SG3 and PCT. This method is based on Continued on Page 2, Column 1 previous data that support the use of the Shredder and PCT for isolation of intact mitochondria from cell cultures [3], kidney and skeletal muscle [4], and lung tissue [5]. Total protein concentration of the final mitochondria preparations was 24 ± 7.4 mg/mL (n=4). Previous data PBI EVENTS generated using muscle tissue suggest that no improvement in yield is achieved when pressure is Dr. Bradford Powell (Founder and CSO, Cernomics increased above 10,000 psi [4]; however, it is possible that Solutions) will present a podium talk at the Integrating with brain tissue, higher pressures could be beneficial. Sample Preparation 2011 Meeting Integrating Sample Preparation of Chemical & Biological Agents, Threats & The ability of isolated brain mitochondria to respond to 2+ Pathogens into Detection, Identification & Analysis Ca is shown in Figure 2. These results confirm that rat Technologies & Devices entitled “A Need for Improved brain mitochondria exposed to hydrostatic pressure cycling Sample Inactivation and Extraction Methods to at 10,000 psi are intact and exhibit a normal response to 2+ Support Systems Biology Analysis” December 8-9, Ca overload. 2011 - Washington, DC Continued on Page 2, Column 2
  • 2. PCT NEWS NASDAQ:PBIO Discovery Starts With Sample PreparationTM Volume 5, Issue 11 November 2011 Pressure BioSciences Awarded $649,000 Grant from the Application Note: AN-00022: Isolation of Functional Department of Defense (“DoD”): Continued from Page 1, Mitochondria from Whole Rat Brain Using a PBI Column 1 Shredder and Pressure Cycling Technology (PCT): Mr. Schumacher continued: “The DoD award covers a Continued from Page 1, Column 2 substantial portion of the remaining development costs of an entirely new PCT-based instrument and consumables system, Control Brain Mitochondria control Isolated by Manual Method one that we believe will fill an existing need for a fully automated, 1100 TMRM 5000 Ca2+ Ca high throughput, PCT-based system in the life sciences sample 1000 4000 preparation market. We believe this is an estimated $6 billion 3000 A Ala 900 market, with approximately 80,000 laboratories and 500,000 2000 researchers worldwide. We also believe that this new system 800 1000 IF, counts/sample has the potential to significantly expand PCT instrumentation 700 0 0 200 400 600 800 1000 1200 0 200 400 600 800 1000 1200 and consumables sales into this large and growing market.” NADH 3000 abs6rbance Swelling Dr. Edmund Y. Ting, Senior Vice President of Engineering for 400 PBI, said: “The detection of dangerous pathogens in the field is 300 2000 A Ala essential to protect soldiers, emergency responders, and others 200 against possible exposure to biological threat agents. Such 1000 detection requires the safe and rapid inactivation of infectious 100 samples and the simultaneous extraction of biomolecules (DNA, 0 200 400 600 800 1000 1200 0 200 400 600 800 1000 1200 Time, s RNA, proteins) from the pathogen, including highly dangerous bacteria such as anthrax. We believe that PCT is one of the Brain Mitochondria Isolated by Shredder and PCT best technology platforms available today that can concomitantly Brain mito Ca 10uM inactivate infectious samples and extract biomolecules from TMRM 4000 these pathogens, while leaving the sample in a form viable for 2000 accurate subsequent testing. Funds from this grant will be used 3000 Ala to accelerate the development of this novel PCT-based system 1500 2000 for the DoD.” Ala 1000 I F, counts/sample 1000 0 Dr. Alexander V. Lazarev, Vice President of R&D for PBI, 0 200 400 600 800 1000 1200 0 200 400 600 800 1000 1200 commented: “As we develop the DoD specific field use 200 swelling instrument, we plan to adapt the new PCT system for both 2000 150 research and clinical diagnostics laboratory use as well. We Ala believe that we understand the issues involved and can make 100 1000 Ala the modifications required to adapt the DoD field instrument for 50 such use.” 0 0 0 200 400 600 800 1000 1200 0 200 400 600 800 1000 1200 During the term of this grant, the Company will collaborate with Time, s scientists from both the U.S. Army Medical Research Institute of Infectious Diseases (“USAMRIID”) and the University of Texas Figure 2. Mitochondria isolated by a conventional technique [6] Medical Branch (“UTMB”). USAMRIID is the nation’s premier (top panel) and Shredder/PCT method (bottom panel) research laboratory designed and dedicated to the discovery of demonstrate that mitochondria prepared by both methods are 2+ medical solutions against biological threat agents. UTMB intact as assayed by their ability to respond to exogenous Ca . operates one of two National Biocontainment Laboratories Addition of mitochondria to the sample chamber is indicated by 2+ constructed under grants awarded by the National Institutes of the red arrow. Each Ca addition is indicated by a black arrow Health (note that the scale on the Y-axes is not always the same in the 2+ 2 panels). The Ca -induced response was monitored by simultaneous four channel recording. Changes in membrane 2+ potential were monitored using TMRM. Ca -fluxes were Continued on Page 3, Column 1 monitored with CaGreen 5N, which increases its fluorescence 2+ when complexed with free extra-mitochondrial Ca . Oxidation of mitochondrial pyridine nucleotides was measured as a decrease in autofluorescence of NADH and NADPH. Swelling was detected as a decrease of light scattering. Continued on Page 3, Column 2
  • 3. PCT NEWS NASDAQ:PBIO Discovery Starts With Sample PreparationTM Volume 5, Issue 11 November 2011 Pressure BioSciences Awarded $649,000 Grant from the Department of Application Note: AN-00022: Isolation of Functional Defense (“DoD”): Continued from Page 2, Column 1 Mitochondria from Whole Rat Brain Using a PBI About Pressure BioSciences, Inc. Shredder and Pressure Cycling Technology (PCT): Pressure BioSciences, Inc. (PBI) (NASDAQ: PBIO) is focused on the development, marketing, and sale of proprietary laboratory instrumentation and associated Continued from Page 2, Column 2 consumables based on Pressure Cycling Technology (“PCT”). PCT is a patented, enabling technology platform with multiple applications in the estimated $6 billion life Conclusions sciences sample preparation market. PCT uses cycles of hydrostatic pressure between ambient and ultra-high levels to control bio-molecular interactions. PBI currently focuses Traditional manual methods for isolation of functional its efforts on the development and sale of PCT-enhanced bio-molecule extraction and mitochondria from tissues rely heavily on operator training, enzymatic digestion products for mass spectrometry, biomarker discovery, bio- therapeutics characterization, vaccine development, soil and plant biology, forensics, experience and skill. Without considerable training, histology, and counter-bioterror applications. common mistakes such as tissue over-homogenization Forward Looking Statements can result in damaged mitochondria and highly variable Statements contained in this press release regarding PBI's intentions, hopes, beliefs, results. Here we describe a convenient method for expectations, or predictions of the future are "forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking isolation of intact and functional mitochondria from fresh statements include statements regarding the expectation that the Company’s rat brain tissue using a PBI Shredder and PCT. During development efforts funded by the Phase II grant from the DoD will be successful and will lead to the release of an entirely new PCT-based system for processing pathogenic shredding, the design of the FT 500-S PULSE Tube forces organisms; the potential functionality and benefits of, and the market demand for, the new PCT-based system; the ability to significantly expand PCT instrument and consumables the homogenate through the holes of the Lysis Disk into sales into the life sciences sample preparation market; that the life sciences sample the upper compartment. This simple but effective design preparation market is an estimated $6 billion market, with approximately 80,000 labs and 500,000 researchers worldwide; that detection of pathogens in the field require the safe, significantly reduces the likelihood of sample over- rapid, and simultaneous inactivation and extraction of biomolecules from infectious homogenization. Following the shredding step, brief PCT samples; that PCT is one of best technologies that can safely inactivate and extract highly infectious pathogens while leaving the sample viable for analysis; that the new PCT- treatment at 10,000 psi is used extract the intact based system can be easily adapted for research and clinical diagnostics laboratory use; mitochondria. that a new 96-well plate format can be developed for the new PCT system, and that this format can be used to enable PCT-processed samples to be directly analyzed by current state-of-the-art analytical instrumentation through laboratory robotics and other The PBI Shredders and PCT are physical tissue automation; that funds from the new DoD grant will cover most of the development costs disruption/lysis methods that are widely applicable to many of the new PCT System; and that this new PCT system will fill an existing large and important need in the market. These statements are based upon the Company's current sample preparation needs. In the case of mitochondria expectations, forecasts, and assumptions that are subject to risks, uncertainties, and isolation, the buffers described above can be readily other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other replaced by other mitochondria isolation buffers depending factors include, but are not limited to: due to unforeseen technical difficulties, the on the needs and preferences of the user. As previously Company’s development of the DoD specific field use instrument or the adaption of the DoD specific field use instrument for research and clinical diagnostics laboratory use, may demonstrated with other tissue types, the mitochondria be delayed or may not be successfully completed; possible difficulties or delays in the isolated using this convenient method can be used for implementation of the Company's strategies that may adversely affect the Company's continued commercialization of its PCT-based product line; changes in customer’s needs proteomic as well as functional studies [3, 4]. This method and technological innovations; the Company’s sales force may not be successful in selling the Company’s PCT product line because scientists may not perceive the is simple, easy to learn, and eliminates many of the advantages of PCT over other sample preparation methods; that the Company may not problems of traditional manual mitochondria preparation be successful in raising the additional capital necessary to fund the Company’s operations beyond late November; if the NASDAQ Listing Qualifications Panel does not methods. accept the Company’s plan to regain compliance with the NASDAQ Listing Rule for minimum stockholder equity, the Company’s common stock will be delisted from The NASDAQ Capital Market; and if actual operating costs are higher than anticipated, or References revenues from product sales are less than anticipated, the Company may need additional [1] Armstrong (2007) Brit. J. Pharm. 151, 1154-1165 capital sooner than expected. Given the uncertainty in the capital markets and the current status of the Company’s product development and commercialization activities, [2] Rasmussen et al., (1997) Anal. Biochem. 252:153-159. there can be no assurance that the Company will secure the additional capital necessary [3] Gross et al. (2008) Biotechniques 45(1):99-100 to fund its operations beyond late November on acceptable terms, if at all. Additional risks and uncertainties that could cause actual results to differ materially from those [4] Gross et al. (2011) Anal. Biochem. In Press indicated by these forward-looking statements are discussed under the heading "Risk [5] Application Note AN-00021: Isolation of Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2010, and other reports filed by the Company from time to time with the SEC. The Mitochondria from Rat Lung Using The PCT Shredder Company undertakes no obligation to update any of the information included in this and Pressure Cycling Technology (PCT) release, except as otherwise required by law. [6] Stavrovskaya et al. (2010) Free Rad. Biol. & Med. 49 : For more information about PBI and this press release, 567-579 please click on the following links: http://www.pressurebiosciences.com Click On Title for Complete Application Note http://bit.ly/p1zk9s