CORRECTING and REPLACING Biophan to Present Today at the Convergence Drug Device SummitROCHESTER, N.Y. Biophan Technologies, Inc.Carolyn Hotchkiss, 585-214-2407orPress Interviews:Jennifer Gould, 212-843-8037Subhead should read: Biophan Executive and Nanolution President John Lanzafame to Discuss Innovations in Advanced Drug Delivery Systems (sted Biophan Executive and Nanolution President John Lanzafame to Discuss Innovations in Advanced Drug Delivery Systems and Biomedical Informatics) The corrected release reads: BIOPHAN TO PRESENT TODAY AT THE CONVERGENCE DRUG DEVICE SUMMIT Biophan Executive and Nanolution President John Lanzafame to Discuss Innovations in Advanced Drug Delivery Systems Biophan Technologies, Inc. (OTCBB: BIPH), a developer of next-generation biomedical technology, has announced that John Lanzafame, President of Nanolution, the drug delivery division of Biophan Technologies, is presenting at the Convergence Drug Device Summit commencing today in Pittsburgh, PA. The summit, organized by Windhover Information Inc., is being held at the Westin Convention Center today through Wednesday. The meeting is a partnering and investor conference focused exclusively on combination drug/device therapies, and will be attended by top research professionals and medical device executives from the United States, Europe, and Asia. Mr. Lanzafame, as President of Nanolution, will present the Biophan drug delivery technology and elaborate on new discoveries in the fields of nanotechnology and medical devices. Biophan's cutting-edge research and development efforts include solutions to improve the safety, effectiveness, and image compatibility of medical devices for use within Magnetic Resonance Imaging (MRI) environments. The Company has also developed a variety of technologies to enable product enhancements in additional markets, including drug-elution technologies and implantable power systems powered by body heat and novel materials for the $40 billion drug delivery market. About Windhover Information Inc. Since 1989, Windhover Information Inc. has been providing analysis and commentary on health care business strategy, industry deal making, marketplace trends, and the world of medical start-ups. This expertise is consulted and relied upon by the industry's top executives, consultants, bankers and investors. Windhover's editorial goal is to clearly present objective, accurate, fundamentally valuable decision-making information. Windover also publishes several newsletters and informational guides, such as Pharmaceutical Strategic Alliances, In Vivo, and Medtech Insights. For further information on the conference, please visit www.windhover.com/dotcom/conferences/index.asp?page=convergence. About Biophan Technologies Biophan develops and markets cutting-edge technologies designed to make biomedical devices safe and compatible with the magnetic resonance imaging (MRI) environment. The Company develops enabling technologies for implanted medical systems such as pacemakers and interventional surgical devices such as catheters, guidewires, stents, and other implants to allow them to be safely and effectively imaged under MRI. The technology is also being used to create MRI contrast agents, and has expanded to include other applications, such as drug delivery and power systems derived from body heat. Four Biophan technologies include advances in nanotechnology and thin film coatings. Committed to growth through innovation and developmental leadership, Biophan and its licensors now hold a total of 108 U.S. patents, licenses, or applications. This total includes 33 issued U.S. patents, 7 recently-allowed applications that will issue as patents in the near future, and 68 pending applications at various stages of examination at the U.S. Patent and Trademark Office, plus international applications. The patents cover areas including nanotechnology (nanomagnetic particle coatings), radio frequency filters, polymer composites, thermoelectric materials for batteries generating power from body heat, and photonics. Biophan has joint development arrangements with Boston Scientific (NYSE: BSX) and NASA's Ames Center for Nanotechnology. Biophan's goal is to make all biomedical devices capable of safely and successfully working with MRI, and delivering other technologies which will improve quality of life. For more information, please visit www.biophan.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements included in this press release may constitute forward-looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of Biophan's MRI technologies; the approval of Biophan's patent applications; the successful implementation of Biophan's research and development programs; the acceptance by the market of Biophan's products; competition and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in Biophan's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with Biophan's periodic filings with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Biophan undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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