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AdvanSource Biomaterials Corporation



AdvanSource Biomaterials Corporation Approved by Shareholders As New Company Name at CardioTech Annual Meeting



November 7th, 2008

AdvanSource Biomaterials Corporation (NYSE Alternext US: ASB) was approved by shareholders as the new Company name at the CardioTech International, Inc. (formerly AMEX: CTE) annual meeting held at the Company's corporate headquarters on October 15, 2008. The Company, a developer of advanced polymer materials for medical device design and development, subsequently announced that its American Exchange stock symbol will change to NYSE Alternext US: ASB upon US market opening as of October 16, 2008.

Commenting on the Company's name change AdvanSource President and CEO Michael Adams noted: "The AdvanSource name more accurately reflects our clear scientific and technological...


Source: Health Business Week (2008-11-07)

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