BioTime and Subsidiary LifeMap Sciences, Inc. Announce Agreement to Market MalaCards – A Database of Human Diseases

ALAMEDA, Calif.– BioTime, Inc. (NYSE MKT: BTX) today announced that its subsidiary LifeMap Sciences, Inc. has entered into a license agreement with Yeda Research and Development Company Ltd, the technology transfer arm of the Weizmann Institute of Science, to market a new database called MalaCards. A database of human diseases that is based on the GeneCards® platform, MalaCards contains computerized “cards” classifying information relating to a wide array of human diseases. This novel research tool is expected to be launched at the end of 2012 and will aid researchers in studying the roles of genes and cells involved in disease processes.

LifeMap Sciences also holds the exclusive, worldwide licenses to market GeneCards® and PanDaTox also developed by the Weizmann Institute of Science in Israel. GeneCards® is an online database that provides concise genomic information on all known and predicted human genes. With over 12 million page visits per year from hundreds of thousands of unique users worldwide, GeneCards® is used by academia, research hospitals, patent offices, and leading biotech and pharma companies. PanDaTox is a recently developed searchable database that can aid in the discovery of new antibiotics and biotechnologically beneficial products.

“LifeMap Sciences is now making the most comprehensive cell biology, genomics, and pathology databases for medical research available from a single source,” stated David Warshawsky, Ph.D., LifeMap Sciences Chief Executive Officer. “We also plan to be the primary marketing arm for BioTime’s research product lines, including ACTCellerate™ human progenitor cell lines, and our discovery platform is expected to generate valuable intellectual property and promising therapeutic discoveries based on these cell lines.”

About LifeMap Sciences, Inc.

LifeMap Sciences’ (www.lifemapsc.com) core technology and business is based on its integrated database suite, The go-to discovery and marketing platform for biomedical and stem-cell research. This platform will include GeneCards®: the leading human gene database; the LifeMap™ database of embryonic development, stem cell research and regenerative medicine; and MalaCards, the human disease database. LifeMap Sciences also markets PanDaTox, a recently developed, searchable database that can aid in the discovery of new antibiotics and biotechnologically beneficial products.

In addition to database offerings, BioTime plans to make LifeMap Sciences BioTime’s principal marketing subsidiary for research products, including ACTCellerate™ human progenitor cell lines, GMP human embryonic stem (hES) cell lines, hES cell lines carrying inherited genetic diseases, and ESpan™ growth media for progenitor cell lines for non-therapeutic uses. LifeMap Sciences will utilize its databases as part of its online marketing strategy to reach life sciences researchers at biotech and pharmaceutical companies and at academic institutions and research hospitals worldwide.

In a therapeutic discovery collaboration with BioTime, LifeMap’s scientists will utilize LifeMap’s proprietary discovery platform and stem cell database along with the GeneCards® and MalaCards integrated database suite, to aid in the development of BioTime’s proprietary ACTCellerate™ human progenitor cell lines into products for the treatment of human diseases, especially degenerative diseases that might be treatable with cell replacement therapies. The LifeMap™ discovery platform will be used to select the progenitor cell lines that are most likely to be useful in developing cell-based regenerative medicine therapies for a wide range of diseases.

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