Cord Blood America Enters Agreement With Horizon Healthcare Services, Inc. to Offer Stem Cell Collection Services to Its Members
LAS VEGAS and NEWARK, N.J., June 29, 2011 /PRNewswire/ — Cord Blood America, Inc. (http://www.cordblood-america.com) (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide and internationally, announced today it has entered into agreement with Horizon Healthcare Services, Inc., headquartered in Newark, New Jersey, to offer the storage of umbilical cord blood to its members. Under this agreement, members of Horizon Healthcare Services, Inc. will receive a discount on storage services compared to what Cord Blood America charges its other first-time customers.
“We are pleased that CorCell, our United States brand, can collaborate with Horizon Healthcare Services, Inc. and offer these important, potentially life-saving services, to its 3.6 million members. We will also be offering courses to nurses and other healthcare professionals to help them counsel their patients on the value of stem cell storage,” said Matthew Schissler, CEO and co-founder.
“We are focused on organic growth for CBAI. Horizon Healthcare Services, Inc. is extremely important to us, and we look forward to educating the medical community and New Jersey families on the regenerative importance of cord blood stem cells, while offering a discount because of our relationship,” continued Mr. Schissler.
Cord blood stem cells are used today to treat more than 70 diseases including leukemia, severe anemia, metabolic blood disorders and immune deficiencies, while research is ongoing to determine the usefulness of stem cells in combating some of the nation’s most serious diseases, including diabetes, heart disease, Parkinson’s and other diseases for which there is currently no cure.
About Horizon Healthcare Services, Inc.
Horizon Healthcare Services, Inc., New Jersey’s oldest and largest health insurer, is a not-for-profit health services corporation. Horizon Healthcare Services, Inc. serves approximately 3.6 million members and is headquartered in Newark with offices in Wall, Mt. Laurel, and West Trenton. Horizon Healthcare Services, Inc. provides a wide variety of medical, health and wellness, life insurance, worker compensation and dental insurance products and services, including Medicare and Medicaid products, for local and national businesses and individuals.
About Cord Blood America
Cord Blood America is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc., visit our website at http://www.corcell.com/. For investor information, visit http://www.cordblood-america.com/.
CONTACT: Paul Knopick
E & E Communications
Lee Ann Stiller
Director of Business Development
SOURCE Cord Blood America, Inc.