Released on: December 21, 2007, 10:49 am

Press Release Author: Ralph Fariello

Industry: Biotech

Press Release Summary: With the New Year quickly approaching, LifebankUSATM is
encouraging its clients to take advantage of their special, limited time offer for
cord blood and Placenta.Cord banking services, which is set to expire at midnight on
December 31, 2007.

Press Release Body: With the New Year quickly approaching, LifebankUSATM is
encouraging its clients to take advantage of their special, limited time offer for
cord blood and Placenta.Cord banking services, which is set to expire at midnight on
December 31, 2007.

If a current client refers a friend or family member to LifebankUSA by December 31,
2007, both will receive a holiday gift!

If the friend or family member enrolls in cord blood banking, the current client
will get one year of free storage for each friend who enrolls and each friend will
receive their choice of either a $150 Visa® Gift card or a premium brand stroller
($180 value).

If the friend or family member enrolls in Placenta.Cord banking (an exclusive
service that banks stem cells from two sources: both the placenta and the umbilical
cord), the current client will get two years of free storage for each friend who
enrolls. Each friend will receive their choice of either a $250 Visa Gift card or a
premium brand stroller ($300 value).

Visa Gift cards can be used anywhere Visa debit cards are accepted -at the store or
online-and can help make holiday shopping fun and convenient. The card is issued by
West Suburban Bank .

The best benefits, however, come from banking placental stem cells in addition to
cord blood. By banking with LifebankUSA, families get:

. Protection for the Family: Help protect your baby and your family for the future.
. The Potential to Treat More Than 80 Diseases: Stem cells collected at birth can be
used today to treat leukemia, certain other cancers, and some blood disorders.
Research on diabetes, heart damage, stroke damage, Alzheimer's disease, and
Parkinson's disease is underway.
. A Once-in-Your-Baby's-Lifetime Opportunity: Your only opportunity to save your
baby's placental and cord blood stem cells is at birth or they will probably be
thrown away.
. Maximize Your Potential Lifesaving Investment: LifebankUSAT is the first and only
cord blood bank to offer Placenta.Cord banking, collecting stem cells from both the
placenta and the umbilical cord. This significantly increases the number of stem
cells collected and stored.

LifebankUSA encourages its clients to take advantage of this special holiday offer
and give the gift of peace-the peace of mind that comes with knowing you've helped
protect your baby and your family for the future.

For more information about LifebankUSA or Placenta.Cord banking, please visit
http://www.lifebankusa.com/.

About LifebankUSATM

LifebankUSA is one of the largest cord blood banks in the world, and has provided
cord blood banking services for thousands of families worldwide. LifebankUSA is a
subsidiary of Celgene Corporation (Nasdaq: CELG), an S&P 500 publicly traded and
reputable biopharmaceutical company that develops cancer therapies and has a
disclosed market value of more than $20 billion, making it the largest company
offering cord blood banking services. LifebankUSA is the only cord blood bank that
is also a recognized leader in both placental and cord blood stem cell research.
LifebankUSA is also the world\'s first bank to offer families the new option to
collect and preserve stem cells derived from the placenta as well as the umbilical
cord (Placenta.Cord banking) for hematopoietic reconstitution. In addition to being
the world\'s first Placenta.Cord banking company, LifebankUSA is committed to being
at the forefront of research and development to help ensure a more promising future
for both placental and umbilical cord blood stem cell therapeutics.

LifebankUSA is registered with the Food and Drug Administration (FDA), accredited by
the AABB (formerly known as the American Association of Blood Banks), certified by
ISO (International Organization for Standardization), and holds all necessary state
licenses.

###
The chance that a child will use his/her own stored cord blood stem cells during
his/her lifetime is estimated at 1 in 400 (J.J. Nietfeld and F. Verter). These odds
may increase if there is a family history of certain blood disorders or cancers. The
potential risks and benefits of stem cell transplantation vary and depend on many
factors, such as the amount and quality of the cord blood stem cells collected, the
HLA compatibility between recipient and donor, and the client's overall health.

www.lifebankusa.com


Web Site: http://www.lifebankusa.com

Contact Details: Contact:
Ralph Fariello
Director
LifebankUSA, a Celgene Corporation
45 Horsehill Road
Cedar Knolls, NJ 07927
973-753-2550
info@lifebankusa.com