Pressure BioSciences Announces Contracted Production Launch for Estimated $3,000,000 of UST-Processed, Nanoemulsified CBD Spray for Oral Use

Safer Medical of Montana, a Seasoned Distributor of Wellness Products with a Focus on Veterans, Partners with PBI as Exclusive Distributor for Highly Stable and Water-Soluble CBD Oral Aerosol Product

SOUTH EASTON, MA / ACCESSWIRE / June 29, 2022 / Pressure BioSciences, Inc. (OTCQB:PBIO) ("PBI" or the "Company"), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty testing services to the worldwide biotechnology, biotherapeutics, nutraceuticals, cosmetics, agrochem, and food/beverage industries, today announced its signed agreement with Safer Medical of Montana ("SMM") on production, distribution, commercial roll-out and financial partnership for a novel, effectively water-soluble, nanoemulsified CBD spray for oral use. SMM's roll-out and distribution plan targets revenues of $3M or more over the first 12-months post-release. Under the agreement, PBI expects to realize more than $1M in revenues from this $3M product sales target. This is the first commercial product being produced and marketed that incorporates the Company's patented Ultra Shear Technology™ (UST™) platform.

As announced last month, PBI and SMM have collaborated over the past year in the development of a proprietary formulation for this unique product. The companies have now completed formulation development and are securing the necessary approvals for production in the Commonwealth of Massachusetts and distribution throughout all of the United States. SMM's initial product will be an oral spray containing 40mg/mL of nanoemulsified CBD. The companies plan to release the new CBD oral spray product to consumers during the third quarter of 2022.

Mr. John B. Hollister, Director of Sales and Marketing at PBI, observed: "This SMM agreement launches an exciting new chapter in the evolution of PBI. Building on our deep expertise in the safe applications of high-pressure technology, we are now preparing to release the first product prepared by UST - our truly revolutionary platform technology that shears oil-water emulsions down to extremely low and tightly-controlled nano-sized oil droplets. The commercialization of UST throws open the door to countless applications in diverse multi-billion-dollar markets where effective water-solubility of oil-based active ingredients is critical for optimized bioavailability and absorption - including cannabinoids, nutraceuticals, cosmetics, pharmaceuticals, food and beverages, agrochem, industrial lubricants, paints, and more."