SSS Sunvest Minerals Corp

Stem Cell Therapeutics Corp. (TSX VENTURE:SSS) ("SCT") today announced its
financial results for the period ended December 31, 2007.


Selected Highlights

Throughout 2007, SCT achieved the following significant milestones:

- Closed a $2 million private placement on February 1, 2007 and a second $2
million private placement on March 27, 2007.


- Appointed four leading stroke and stem cell scientists to SCT's Scientific
Advisory Board (SAB).


- Released positive interim results for the Phase IIa clinical safety study in
stroke in April 2007.


- Appointed Mr. Scott Tannas, Founder, President & CEO, Western Financial Group
to the Board of Directors.


- Completed a bought-deal public offering in November with a group of investment
dealers that raised $12.075 million in gross proceeds.


- Appointed Dr. Francesco Bellini, Chairman, President & CEO, Neurochem Inc. to
the Board of Directors.


Subsequent to year-end, SCT has:

- Released formal results from the Phase IIa study in February 2008 that
demonstrated favourable safety and efficacy outcomes from the trial.


- Initiated the process to begin a Phase IIb Canadian-based, prospective, and
randomized, double-blind, placebo controlled study of NTx(TM)-265 in acute
ischemic stroke patients, scheduled to complete enrolment at the end of 2008.


Upcoming 2008 Milestones

- Complete enrolment in the Phase IIb clinical stroke study for NTx(TM)-265

- Initiate Phase IIa clinical study for Traumatic Brain Injury

- Complete animal efficacy studies for Multiple Sclerosis

Dr. Alan Moore, President & CEO of SCT commented as follows:

"2007 was a busy year of meeting milestones, raising money, expanding our
portfolio to include traumatic brain injury and multiple sclerosis, completing a
phase IIa BETAS stroke trial and preparing for the phase IIb REGENESIS stroke
trial. We will continue to move ahead through 2008 with the same vigor to
achieve our clinical and corporate milestones with the ultimate objective of
increasing shareholder value."


Capital Position

As of December 31, 2007 the working capital (current assets minus current
liabilities) of the Company was $9,138,263 ($408,938 as of December 31, 2006).


Outstanding securities as of December 31, 2007 totaled 103,409,864 common shares
6,120,000 class B shares, 25,912,500 common share purchase warrants and
7,885,556 common share options.


Financial Review

The Company's loss for the year ended December 31, 2007 increased by $693,652 to
$5,453,581 ($0.08 per common share) from the loss of $4,759,929 ($0.09 per
common share) reported for the year ended December 31, 2006. The primary reason
for the increase in loss was an increase in professional fees, management and
consulting fees, general and administration and stock option expenses. The
increase in these expenses was partially offset by the decrease in research and
development costs and increase of interest income. The decrease in research and
development expenses was primarily the result of a decrease in NTx(TM)-265
technology development expenses, due primarily to the need to complete
recruiting in the phase IIa clinical trial before beginning the phase IIb
program. Research and development expenses amounted to $1,849,952 during 2007,
compared to $2,159,527 in 2006.


About NTx(TM)-265: NTx(TM)-265 is a therapeutic regimen of two approved and
clinically well-defined drugs, human Chorionic Gonadotropin (hCG) and
Erythropoietin (EPO), targeting the treatment of stroke. The objective of the
regimen is to stimulate the growth and differentiation of new neurons to replace
the brain cells that were lost or damaged by the stroke. Animal studies have
shown a significant recovery in motor function after receiving the NTx(TM)-265
regimen 24-48 hours post stroke. Similar results have been found in SCT's phase
IIa clinical safety trial, as reported on February 20, 2008. SCT has initiated a
multi-centre, double-blind, placebo-controlled Phase IIb clinical study for
NTx(TM)-265 with primary endpoints of efficacy which is scheduled to complete
enrolment by the end of 2008.


About Stem Cell Therapeutics Corp.: Stem Cell Therapeutics Corp. is a Canadian
public biotechnology company (TSX-V: SSS) focused on the development and
commercialization of drug-based therapies to treat central nervous system
diseases. SCT is a leader in the development of therapies that utilize drugs to
stimulate a patient's own resident stem cells. The company's programs aim to
repair neurological function lost due to disease or injury. The company's
extensive patent portfolio of owned and licensed intellectual property supports
the potential expansion into future clinical programs in numerous neurological
diseases.


These securities have not been registered under the United States Securities Act
of 1933, as amended, or the securities laws of any state, and may not be offered
or sold within the United States or to, or for the account or benefit of U.S.
persons unless an applicable exemption from U.S. registration requirements is
available.


Except for historical information, this press release may contain
forward-looking statements, which reflect the Company's current expectation
regarding future events. These forward-looking statements involve risk and
uncertainties, which may cause but are not limited to, changing market
conditions, the successful and timely completion of clinical studies, the
establishment of corporate alliances, the impact of competitive products and
pricing, new product development, uncertainties related to the regulatory
approval process and other risks detailed from time to time in the Company's
ongoing quarterly and annual reporting.

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