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Press Release: Tuesday May 8th, 2001
TheraLife® Inc. presents unique Drug Delivery Enhancement System at "Innovative Drug Development" conference.

New York, May 8th, 2001 - TheraLife® Inc. today announced that Dr. Lily Yang, CEO and President of TheraLife® Inc., has been selected to present at the "Innovative Drug Development 2001" Conference at the Plaza Hotel, New York City on May 7-8, 2001.

TheraLife® is a botanical drug company with a drug enhancement technology platform - TheraLife® Enhancer. This technology is a multi-component system that combines the benefits of faster, safer delivery with reduced side effects. Dr. Yang will discuss the scientific basis for the technology's ability to enhance drug delivery through increased intracellular metabolism, microcirculation and the protection of liver and kidney.

Dr. Yang will summarize results from several clinical studies, including a Stage I clinical trial study using TheraLife® Eye plus Enhancer for the treatment of dry eyes, allergy and eye fatigue. "The eye normally has poor circulation and is difficult for oral medication to reach", Dr. Yang says. This Stage I clinical results further verify the merits of the TheraLife® Enhancer. Other clinical studies for the treatment of wrist strain indicates that the TheraLife® Wrist plus Enhancer relieved pain 75% faster.

The TheraLife® Enhancer technology can be used with a wide variety of ethical drugs, biopharmaceuticals, botanical drugs and nutraceuticals. TheraLife® has already developed 5 tissue specific formulas with market potential of $50 billion for treating medical conditions of the eye, wrist, neck and shoulder, back, and mental fatigue. TheraLife® is in the process of extending this technology platform to cancer, cardiovascular, metabolic, autoimmune, and infectious diseases.

TheraLife®'s corporate strategy is directed at forming joint ventures, marketing and distribution, product development, and licensing partnerships with major industry players. As such, TheraLife® is focused on building a strong basis for attracting corporate partnerships through strong professional advocacy, clinical data and publications, quality manufacturing, process control and effective marketing communications.

Notice: This release and oral statements made from time to time by TheraLife® representatives concerning the same subject matter may contain so-called "forward-looking statements." These statements can be identified by introductory words such as "expects", "plans", "will", "estimates", "forecasts", "projects", or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing regulatory submissions and approvals, development programs, etc. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and other of which are not. No forward-looking statement is a guarantee of future results or events, and one should avoid paying undue reliance on such statements.

COMPANY CONTACT:
James Alston
E-mail: Jalston@theralife.com
(650) 917-1989
(650) 917-1434 fax
101 First Street
Los Altos, CA 94022
www.theralife.com

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