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REF NO.: 204

SUBJECT: Memorial University’s Genesis Centre holds graduation ceremony for North Atlantic Biopharma Inc.

DATE: Feb. 28,2006

Note to editors:

Members of the media are invited to attend the graduation of North Atlantic Biopharma Inc. from the Genesis Centre (located at Memorial University). The company relocates from the Genesis Centre facility to Genesis Biolabs on Mount Scio Road, where the ceremony will be held.

As a graduate of the Genesis Centre, this company has completed three years of a business support program, which is designed to assist technology-based businesses. Past graduates of the Genesis Centre include Garrison Guitars International, Rutter Technologies Inc. and Q5 Systems Inc. among others. The Genesis Centre is Memorial University’s support network for technology-based businesses.

The ceremony will be held at Genesis Biolabs, 297 Mount Scio Road, on Wednesday, March 1, at 4 p.m.

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For more information, please contact Michelle Simms, 737-2683 or msimms@genesis.mun.ca.

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