Cord Blood America enters new work agreement with Hawaii Medical Service Association

Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company focused on bringing the life-saving potential of stem cells to families nationwide and internationally, is pleased to announce a new work agreement with the Hawaii Medical Service Association (HMSA), an independent licensee of the Blue Cross and Blue Shield Association, the largest and most experienced provider of health care coverage in Hawaii.

"Over half of Hawaii's population has chosen HMSA for their health care coverage," said Matthew Schissler, Chairman, CEO and co-founder of Cord Blood America. "We are pleased to work with such a prestigious, well-known and well-respected health care program."

HMSA is now offering their members the opportunity to bank their baby's cord blood, which contains important stem cells, privately at a generous discount. Members can also take advantage of Cord Blood America's "Afford-A-Cord" program, which allows for a smaller payment at time of birth.

SOURCE Cord Blood America, Inc.