Terry Colip, Managing Partner & CFO

Terry Colip

Terry Colip, cornerstone of Cell>Point- The cornerstone of Cell>Pointis metabolic imaging and therapeutic targeting through nuclear medicine.

The company is developing novel radiopharmaceutical imaging agents,radiotherapeutic agents and local regional radio/chemotherapeutic drug delivery systems for the diagnosis, treatment and post therapy assessment of cancer, cardiovascular disease, infectious diseases and metabolic diseases. Our mission is to advance radiodiagnostic applications and make quality molecular imaging available to more people and to create targeted internal radiotherapeutic agents to improve the treatment for certain forms of cancer and certain other dibilitatingdiseases. We proudly accept the challenge to make a difference.

Cell>Point is a privately held biotechnology companyheadquartered in Englewood, Colorado with offices in Houston, Texas. The company's three technology platforms, ethylenedicysteine drug conjugate technology ("EC Technology"), In-Situ Hydrogel radio/chemotherapeutic high yield delivery system ("In Situ Hydrogel Technology"), and tetraazacyclopentadecane technology ("N4 Technology") are being developed to create new radiodiagnostic molecular imaging agents to be imaged with single photon emission computed tomography ("SPECT") cameras and positron emission tomography ("PET") cameras, new internal radiotherapeutic agents, and high yield delivery systems for the administration of local regional radio/chemotherapy to patients with inoperable or surgically nonreseactable tumors. We believe that nuclear medicine will play an increasingly important role in the diagnosis and treatment of cancer and other diseases. Only through nuclear medicine does the radiologist or medical oncologist have the ability to image and quantify tumor activity and assess other molecular functions. It has long been the objective of nuclear medicine to identify a highly specific tumor marker, label it with a diagnostic radioisotope and then substitute it with a therapeutic radio-active agent to destroy the tumor.ThisisCell>Point's mission.

EC Technology

Developed by scientists at The University of Texas M.D. Anderson Cancer Center and exclusively licensed to Cell>Pointin 2001, EC Technology is a unique water soluble chelator technology that possesses exceptional chemical stability, ease of use and versatility. It is expected that EC Technology will have applications in oncology, neurology, cardiology and infectious disease.

In the field of oncology, there is a need for better tools to diagnose cancer, improve patient management and outcome, pre-screen the patient to determine the best course of therapy, help determine the proper therapeutic dosing level for each patient and assess patient response to therapy. In the past, radiolabeling with technetium-99m ("99mTc") was made difficult due to the complexity of technetium chemistry and the relatively few chelators thatwereavailable.AtCell>Point, we believe EC Technology will provide a resolution to these issues. 99mTc, as well as many other diagnostic radioisotopes and radionuclides, can now be labeled to a wide range of drug conjugate compounds and tissue specific ligands.

Mechanism based target assessment is crucial in cancer therapy. EC Technology diagnostic agents can assess pharmacological response and biochemical process thus providing staging, grading, treatment follow-up and assistance in the selection of patients who should be more responsive to the particular treatment being considered. The versalitity of EC Technology has been demonstrated in (i) receptor targeting (EGF, ER, AR, HER 2, LH, somatostatin, transferrin, etc.), (ii) transcriptional targeting (deoxyglucose, doxorubicin, etc.), (iii) tissue hypoxia targeting (metronidazole), (iv) apoptosis targeting (annexin V), (v) vascular targeting (e.g. angiostatin, interferon alpha, colchicine, paclitaxel, etc.), (vi) gene expression targeting (penciclovir, 5-flurocytidine) and (vii) enzymatic targeting (cox-2, mmp-2 and mmp-9).

In Situ Hydrogel

In July 2003, the company acquired the exclusive worldwide technology license and patent rights to In-Situ Hydrogel which will be used for site specific regional chemotherapy and radiotherapy. By comparison with other hydrogel technology, In-Situ Hydrogel is unique in that it is capable of delivering a high yield load dose of a therapeutic radionuclide, such as rhenium-188 (“ 188 Re”), directly to the tumor site without collateral leakage into surrounding healthy tissue. In addition, In-Situ Hydrogel is capable of delivering a therapeutic radionuclide and chemotoxic drug simultaneously to treat solid tumors and surgically unresectable tumors. The absence of post injection leakage should help the patient avoid the side-effects most often attributable to standard chemotherapy and external beam radiation treatment. Pre-clinical studies have demonstrated the potential of In-Situ Hydrogel as an effective high load yield delivery system. The hydrogel formulation entraps the radionuclide and/or chemotherapeutic drug at the tumor site immediately following administration. The radionuclide remains entrapped within the polysaccharide matrix while the chemotherapeutic drug slowly releases.

Terry

Terry A Colip

Managing Partner & CFO

Cell>Point, LLC

7120 E. Orchard Rd., Suite 355

Centennial, Colorado 80111

www.cellpointweb.com

(303) 689-9693

Terry Colip

(c) Copyright 2007 Terry Colip