SSS Sunvest Minerals Corp

Stem Cell Therapeutics Corp. ("SCT") (TSX VENTURE:SSS) today announced its
financial results for the period ended June 30, 2009.


Highlights from the second quarter of 2009 and up to August 26, 2009

- May 16, 2009, SCT received a formal letter from the FDA confirming immediate
removal of the clinical hold placed on the Phase IIb stroke trial, September 18,
2008. This allowed SCT to commence the recruitment of patients under an amended
protocol using NTx(R)-265 for the Company's Phase IIb clinical trial treating
acute ischemic stroke.


- On July 20, 2009, SCT received a No Objection Letter ("NOL") from Health
Canada for the dose response designed modified REGENESIS protocol using
NTx(R)-265 for a Phase IIb clinical trial treating acute ischemic stroke.


- On July 21, 2009, SCT received an NOL from the Drug Controller General of
India ("DCGI") to initiate the Phase IIb acute ischemic stroke trial.


- On July 27, 2009, the Company announced results from a meta-analysis of the
combined BETAS Phase IIa clinical stroke trial data and REGENESIS Phase IIb
clinical stroke trial data. At the time the clinical hold was placed on the
REGENESIS Phase IIb trial, seven patients had been recruited, and subsequently
they completed their 90-day evaluation period. Because this trial was placebo
controlled, patients received either placebo or NTx(R)-265 and so could be
combined with patient data from the non-placebo controlled BETAS Phase IIa trial
where patients only received NTx(R)-265. By performing this type of statistical
analysis, the Company was able to compare the combined data from 19 patients: 14
of which received drug (12 from BETAS Phase IIa and 2 from REGENESIS Phase IIb)
and 5 patients who received placebo (all from REGENESIS Phase IIb). A decrease
in the National Institute of Health Stroke Score ("NIHSS") represents an
improvement in a patient's functionality, and importantly for a recovering
patient, a decrease of 4 units in the NIHSS scale is considered a clinically
relevant improvement. Of the 5 patients who received placebo, the average NIHSS
actually increased by +0.7 points and out of the 14 patients who received
NTx(R)-265, the NIHSS decreased by 8.1 points. The p-value from this
meta-analysis was less than 0.0001, statistically significant.


- On August 4, 2009, the Company announced a presentation by Dr. Alan Moore,
President and CEO, at the Advanced Technology Applications for Combat Casualty
Care ("ATACCC") 2009 conference which is the U.S. Department of Defense's
premier scientific meeting. Dr. Moore discussed patient recovery from brain
injury by pharmacological ('drug-induced') activation of endogenous neural adult
stem cells in traumatic brain injury ("TBI") and stroke.


- Pursuant to an early warrant exercise incentive program that closed on August
7, 2009, warrant holders exercised 1,878,000 warrants for the same number of
common shares and provided the Company with $300,480 in proceeds.


- On August 11, 2009, SCT announced enrollment of the first patient in its
modified REGENESIS Phase IIb acute ischemic stroke trial. The modified REGENESIS
trial is a double-blind, randomized, placebo-controlled Phase IIb clinical trial
for SCT's lead program, NTx(R)-265, for the treatment of acute ischemic stroke.
This first patient was enrolled by the clinical team of Dr. Vijaya Pamidimukkala
from the Lalitha Super Specialties Hospital Pvt Ltd in Guntur, Hyderabad, A.P.


Financial Review

The Company's loss for the six month period ended June 30, 2009 decreased by
$1,018,030 to $1,873,995 ($0.01 per common share) from the loss of $2,892,025
($0.03 per common share) reported for the six month period ended June 30, 2008.
The primary reasons for the decrease in loss were decreases in research and
development costs, general and administration expenses, management and
consulting fees and deemed interest charges offset by a decrease in interest
income earned during the period.


Capital Position

As of June 30, 2009, the Company's working capital (current assets minus current
liabilities) was $4,241,743 ($5,803,377 as of December 31, 2008).


Outstanding securities as of August 25, 2009 are 134,680,497 common shares,
17,097,000 common share purchase warrants, and 11,002,500 common share options.


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

"We are excited to have commenced the modified REGENESIS Phase IIb acute
ischemic stroke trial. Due to the cost cutting measures initiated by the Company
in the first quarter of this year, we have managed to preserve sufficient
capital to complete the modified REGENESIS Phase IIb stroke trial. We anticipate
completion of the recruitment phase of the stroke trial by the end of this year
and the release of the top-line data by the first quarter of 2010."


The Company is also announcing that an aggregate of 960,000 stock options will
be issued to SCT's officers and Board of Directors on Friday August 28th based
on the closing price of Thursday August 27th. These Options are being granted to
those who voluntarily rolled back their salaries as part of the cost-cutting
initiative announced earlier this year. These options were awarded in accordance
with the Company's Stock Option Plan.


About Stem Cell Therapeutics Corp.: Stem Cell Therapeutics Corp. is a Canadian
public biotechnology company (TSX VENTURE: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 brain and nerve 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 such as traumatic brain injury, multiple sclerosis, Huntington's
disease, Alzheimer's disease, and ALS.


For further information on Stem Cell Therapeutics Corp., visit
www.stemcellthera.com.


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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