Excelsior Biotechnology, Inc. Finalizes Acquisition of TargetViewz, Inc.


PEMBROKE PINES, Fla., Feb. 23, 2006 (PRIMEZONE) -- Excelsior Biotechnology, Inc. (Pink Sheets:EXBG) announced today that it has completed the purchase of TargetViewz, Inc., headquartered in Farmingdale, New Jersey. In connection with the acquisition the Company has applied for a new trading symbol and has changed its corporate name to TargetViewz, Inc.

TargetViewz is the developer of the TargetMercial(tm) and Video Postcard(tm), provided to business-to-consumer advertisers to target specific audiences using permission-based e-mail. The Company's TargetMercial(tm) begins broadcasting immediately when opened. There is no downloading wait time, streaming fees or player attachments required.

The product integrates video, voice, picture and text, bundled into a high-quality personalized message, with real-time data capture, data segmentation and real-time disbursement. Video Postcard(tm) generates a higher level of user interest as a personalized viral feature is included, which results in higher view-shares than other forms of traditional media. TargetViewz can reach 120 million permission-based consumers, segmented by zip code, providing local and national advertisers with the ability to geographically target-market within a per mile radius of their choosing.

Initial industry market penetrations include regional automobile dealerships, real estate, the franchise industry and political campaigning.

TargetViewz is currently aligning with traditional advertising and media agencies and newspapers.

Safe Harbor Statement: This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.


            

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