British Columbia, Canada - 27 July 2007 - InNexus Biotechnology Inc. (IXSBF.OB; IXS.V-TSX), a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL™) technology, has retained New York City based The Investor Relations Group, Inc. ("IRG") to serve as its financial relations and corporate communications firm.
Wade Brooksby, Chief Financial Officer of InNexus commented, "InNexus' versatile technology and approach can work on a host of antibody types and therapies. We reengineer these antibodies making them more effective, increasing potency and developing new antibodies. InNexus looks forward to working with IRG to ensure that our achievements and message reaches the investment community and financial and trade publications."
The agreement is subject to TSX Venture approval and IRG holds no interest, directly or indirectly, nor has any right to acquire interest in InNexus Biotechnology Inc.
About IRG
IRG offers a full-service corporate communications program designed to suit the many unique needs of Alternative Public Offering (APO) companies. The program utilizes a proprietary, targeted approach to reach institutional investors, analysts, and the media-at-large. For further information, please visit the company's website at www.investorrelationsgroup.com
About InNexus
InNexus is a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL™) technology, which improves the potency of existing antibody products while opening new markets and disease applications. DXL™ antibodies utilize unique, novel and patented methods and technologies of InNexus.
InNexus is headquartered in British Columbia with principal management based in Scottsdale, Arizona on the campus of The Mayo Clinic and has its own in–house developmental facilities. These development facilities provide validation of protein and peptide discoveries, enabling InNexus (and its strategic partners) to advance novel drug therapeutics and diagnostics. To learn more about InNexus, please visit www.ixsbio.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward–looking statements that involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, that may cause actual results or performance to differ materially from those currently anticipated in such statements.
