StemCyte, Inc. Joins Rahal Letterman Lanigan Racing As Associate Sponsor Of No. 16 IndyCar Program For James Jakes …

Posted: Published on May 23rd, 2013

This post was added by Dr. Richardson

BROWNSBURG, Ind., May 23, 2013 /PRNewswire/ --Rahal Letterman Lanigan Racing (RLL) and StemCyte, Inc., a global leader in human cord blood stem cell banking and therapeutics, announced today that StemCyte has become an associate sponsor of the No. 16 Acorn Stairlifts Indy car driven by James Jakes. Sponsorship is for the remainder of the IZOD IndyCar 2013 season.

StemCyte, Inc.and Rahal Letterman Lanigan Racing (RLL) will work to support awareness of umbilical cord blood banking and its educational initiative 'Stars for Stem Cells'. Cord blood stem cells are potential cures for over 80 illnesses, including cancers,blood disorders, immune and genetic diseases, and continuebe a keyelement in regenerative medicine research.

"We are very excited about our relationship withRahal Letterman Lanigan Racing," said Calvin Cole, StemCyte President for Commercial Operations, North America."We believe StemCyte's brandaligns with thepioneeringimage of IndyCar and thechampionship spirit of Bobby Rahal. SupportingdriverJames Jakes and getting the word outon optionsfor expecting parents to secure their baby's cord bloodforfuturelife-saving treatmentsis very important."

"We are always looking towards innovation in our ongoing efforts within the world of motorsports," said Bobby Rahal, co-owner of Rahal Letterman Lanigan Racing with CBS LATE SHOW host David Letterman and Mi-Jack co-owner Mike Lanigan. "Working with StemCyte to promote awarenessofcord blood banking,and the incredible medical research that can advance future healthcare, keeps all of us on the leading edge."

"As drivers we take lots of risk doing what we love,"said RLL Indy car driver James Jakes. "New parents love nothing more than their children, andStemCyte helps them bettermanage that riskby banking their babiescord bloodto protect against life-threatening illnessestoday andin the future."

StemCyte continues to educate expectant parents about the value of banking their child's umbilical cord blood stem cellsanddevelopment of new therapies to cure deadly and debilitating illnesses. They have been adding championship caliber voices like RLL and decorated US Olympic gymnastShannonMiller to promote awareness ofthis optiontoexpectingfamilies.

In February 2013, the team announced the addition of James Jakes, 25, to the full season IndyCar Series season that will be sponsored by Acorn Stairlifts. Jakes currently sits 22nd in the points standing through four events in 2013 including St. Petersburg, Barber Motorsports Park, Long Beach and Sao Paulo, Brazil.

About StemCyte, Inc.

Located in the US, India and Taiwan, StemCyte has established one of the largest, most racially diverse, and highest quality cord blood stem cell banks in the world. StemCyte has supplied over 1,800 cord bloodunits to treatover80life-threatening diseasesinover300 transplant centers worldwide.StemCyte is actively involved in the development of new umbilical cord blood-based cell therapies,supportingthe largest clinical study for using unrelated cord blood transplantation forThalassemia, one of the most common genetic diseases in the world, and the development of trials investigating regenerative spinal cord therapies. StemCyte is one of the only for-profit companies contracted by the US Department of HHS to help contribute clinical grade cord blood units to the public National Cord Blood Inventory for unrelated transplants. Its headquarters are in Covina, California. To learn more visitwww.StemCyte.com.

About Rahal Letterman Lanigan Racing

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StemCyte, Inc. Joins Rahal Letterman Lanigan Racing As Associate Sponsor Of No. 16 IndyCar Program For James Jakes ...

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