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MultiCell Technologies and SmallCapInsights.com Highlight CEOs Presenting at Wednesday's Anticipated ``Emerging Growth Forum''


CEOs from High-Growth Industries Discuss Corporate Visions and Overriding Commitment to Driving Value for Capital Markets

SAN DIEGO--(BUSINESS WIRE)--MultiCell Technologies, Inc. (OTCBB:MCET - News), along with SmallCapInsights.com, a leading investment newsletter committed to discovering tomorrow's smallcap breakthroughs, has highlighted the Management that are scheduled to present during the highly anticipated "Emerging Growth Forum" scheduled for Wednesday, November 22, 2006, at 12 noon Eastern.

"We have gathered an exceptional group of high profile management that have a commanding understanding of not only their emerging companies, but also are able to provide in-depth analysis of their industries as a whole," said Dr. John Faessel, publisher of the widely read online financial news source, Jag Notes, and keynote speaker for the "Emerging Growth Forum."

This live over-the-Internet video presentation employs a fast-moving, highly informative format designed specifically for the smallcap and microcap investor.

Executives to present during forum:

  • Bryan Chance, CEO of Titan Global Holdings, has led telecommunications, technology, healthcare, pharmaceutical manufacturing, distribution and other service-based companies. His international successes include establishing manufacturing joint ventures in South America and Asia and product distribution agreements with distributors in South America. He has a strong background in business plan development, cash flow analysis, financial modeling, company and business unit acquisition or divestiture, IPOs, SEC reporting, operational and financial turnarounds, product and service marketing, strategic planning and rapid growth company leadership.
  • Philip S. Pesin, CEO of Auriga Laboratories, has been a member of Auriga's board since inception. He brings extensive experience in establishing innovative companies in the pharmaceutical and other industries. An attorney and certified public accountant, Mr. Pesin is the founder of The Sorrento Financial Group, LLC, a financial services company specializing in private equity investment with a focus on financing innovative, high-growth companies.
  • Dr. Stephen M. Chang, CEO and Ph.D., MultiCell Technologies, has served as a director of the Company since June 2004, became president of the Company in February 2005, and was appointed chief executive officer (CEO) in May 2006. Dr. Chang is also president of MCT Rhode Island Corp. and Xenogenics Corporation, and president, chief financial officer (CFO), treasurer, and director of MCTI, a partially-owned subsidiary of the Company.
  • John Flock, President of Peace Arch Entertainment, is responsible for overseeing all operations of the Company. He also serves as President of Peace Arch LA, which focuses on the development, financing, production and licensing of feature films for the US market. Mr. Flock started his career as an entertainment attorney and then spent more than a decade financing and producing independent films.

The Forum will last approximately 20 minutes. There is no need to pre-register. To view the webcast, visit http://smallcapinsights.com five or ten minutes prior to the start time and log on. The conference is free of charge and open to all interested investors.

For those unable to view the initial webcast, the Forum will be archived for replay at http://smallcapinsights.com.

About MultiCell Technologies, Inc.

MultiCell Technologies, Inc. is an integrated biopharmaceutical company committed to the development of breakthrough therapeutics based on a portfolio of therapeutic candidates and patented drug development technology. MultiCell's drug development program is focused on modulation of the immune system.

MultiCell's therapeutic pipeline includes drug candidates some of which are in various advanced stages of human clinical trials. These therapies include:

  • MCT-125 for the treatment of chronic fatigue in MS patients. MCT-125 completed a Phase II clinical trial and demonstrated significant efficacy in reducing chronic fatigue in MS patients. There is no drug specifically approved for the treatment of chronic fatigue in MS patients anywhere in the world.
  • MCT-175 for the treatment of relapsing-remitting MS. MCT-175, in preclinical development for the treatment of relapsing-remitting MS, targets disease specific autoaggressive T-cells that destroy the myelin sheath of nerve cells. MCT-175 successfully ameliorated the disease in animal models.
  • MCT-275 for the treatment of type-1 diabetes. MCT-275, in preclinical development, targets disease-specific autoaggressive T-cells that destroy insulin producing cells in the pancreas. MCT-275 completely reversed the type-1 diabetic phenotype and prolonged life in animal models.
  • MCT-465 in an adjuvant therapy for the treatment of virus infection and cancer. MCT-465 in preclinical studies successfully reduced pulmonary influenza virus levels 1,000-fold in animal models, and has demonstrated effectiveness in reducing virus levels of HIV and HCV in animal models. MCT-465 in preclinical studies successfully eliminated certain types of tumors in animal models.

The Company also holds unique cell-based technology for use in drug discovery screening applications, and is a leading producer of the cell lines needed by the biotechnology industry to develop new drugs and therapeutics. For more information about MultiCell Technologies, please visit http://www.multicelltech.com.

About SmallCapInsights.com

The editors and publishers of SmallCapInsights.com have decades of direct experience both in the markets and in the newsletter genre as well as being avid students of the sector. The Companies we illuminate and represent are those we feel have the best chance of enhancing portfolio returns as we take them from initial profile to ongoing in-depth coverage. We aren't married to any space within the smallcap sector, just to those ideas and strategies that will make our opinions and observations a relevant starting point to your complete and ongoing due diligence. The good, the bad and the bizarre -- and hopefully profitable -- will populate our pieces. Our readers will first and foremost be our priority. Every article will include a detailed disclaimer. We are not analysts, but rather view our picks as an investor might: questioning, commenting and delivering our best opinions, be they pro or con. As well, in each piece we will highlight a technical opinion, which, though it can never be definitive, will serve to give readers a quick snapshot of our current T/A thoughts. For more information, visit http://www.smallcapinsights.com.

Compensation Disclosures

Editorial is provided by SmallcapInsights.com ("Smallcap") to provide readers with information on publicly traded companies which have retained Smallcap to provide editorial commentary. Smallcap receives compensation for those services from the company, which consists of cash and/or securities of the company. Factual information is obtained from public filings and other sources deemed to be reliable; however, Smallcap takes no responsibility for verifying the accuracy of such information and makes no representation that such information is accurate or complete. Further, Smallcap and its employees and affiliates may own, or may purchase and sell, securities of the companies profiled. Smallcap undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled companies. As of September 11, 2006, SmallcapInsights.com receives an aggregate of US$21,500 for six months of editorial coverage.

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Contact:

MultiCell Technologies, Inc.
Dr. Stephen Chang
MCETInvestor@MultiCelltech.com

or

Trilogy Capital Partners (Financial Communications)
Paul Karon, 800-592-6067
paul@trilogy-capital.com



Source: Business Wire (Monday November 20,
10:06 am ET)