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Message #13
From: NewsBot
Date: September 26, 2006 09:00:00 AM

CVBT News Dutton Associates Announces Investment Opinion: CardioVascular BioTherapeutics Coverage Initiated By Dutton Associates

EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates initiates its coverage of CardioVascular BioTherapeutics (OTCBB:CVBT) with a Neutral rating. The 19-page report by Dutton Associates senior analyst Richard W. West, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, and Knobias and other leading financial portals. CardioVascular BioTherapeutics is a biopharmaceutical company currently focused on developing new drugs for the treatment of cardiovascular diseases where the growth of new blood vessels may improve the outcome for patients with these diseases. The Company's drug candidates are designed to facilitate the growth of new blood vessels in the heart and other tissues and organs that have an impaired vascular system.

About Dutton Associates

Dutton Associates is one of the largest independent investment research firms in the U.S. Its 28 senior analysts are primarily CFAs, and have expertise in many industries. Dutton & Associates provides continuing analyst coverage of 140 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.

The current cost of enrollment in our one-year continuing research program is US $39,500 prepaid for 4 Research Reports, typically published quarterly, and requisite Research Notes. Dutton & Associates received $35,000 from the Company for 4 Research Reports with coverage commencing on 09/26/06. The Firm does not accept any equity compensation. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.

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