Pressure BioSciences Announces Planned Name change to Availa Bio

May 07, 2020

New Corporate Identity to Focus on Optimizing Bioavailability, Absorption, quality & Performance of Human, Animal & Agricultural Products

Posted by Pressure BioSciences, Inc.

South Easton, MA, May 5, 2020 – Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” or the “Company”), a leader in the
development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to
the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, today
announced its intention to change the corporation’s name to Availa Bio upon completion of the acquisitions and merger of
Cannaworx, Inc. and SkinScience Labs, Inc. with PBI. The three companies will operate as synergistic divisions within the
combined “Availa Bio” entity. This strategic change in corporate identity and branding reflects the science-driven
collaboration of the companies focused on the overarching priority of leveraging the revolutionary Ultra Shear
Technology™(UST™) platform to bring significant new value to consumers in optimized bioavailability, absorption, quality
and performance across Availa Bio’s diverse range of human, animal and agricultural products being introduced in the
coming months or already on market.

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