updated 9/7/2010 6:46:08 AM ET 2010-09-07T10:46:08

HONG KONG, Sept. 7, 2010 (GLOBE NEWSWIRE) -- The Board of Directors of Sinobiomed Inc. ("Sinobiomed", or "the Company") (Pink Sheets:SOBM) is pleased to announce that Bay2Peak S.A. www.bay2peak.com has recently been engaged as financial advisor to the Company.

Bay2Peak, S.A. is an investment management and financial advisory firm with offices in San Francisco, California, Hong Kong S.A.R. and Shanghai China. Bay2Peak has a specific focus on growth-stage companies, based in China or Southeast Asia, and provides expertise on cross-border partnerships, direct investment, mergers and acquisitions, financings and strategic advisory.

FORWARD LOOKING STATEMENTS This news release may include "forward-looking statements" regarding Sinobiomed, and its subsidiaries, business and project plans. Such forward looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where Sinobiomed expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Sinobiomed does not undertake any obligation to update any forward looking statement, except as required under applicable law.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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