HAIFA, Israel--(BUSINESS WIRE)--May 18, 2004--Pluristem Life Systems, Inc. (OTCBB:PLRS - News), a biotechnology company dedicated to the expansion of stem cells from umbilical cord blood to address a myriad of fatal illnesses, today announced that CEO, Dr. Irit Arbel will conduct a CEO webcast to shareholders and the investment community on the current and future prospects of the Company.

The webcast will be conducted by Evergreen Marketing, Inc. and will be available to listeners on The Green Baron Investors Society's website starting Thursday, May 20th, 2004. To listen to Dr. Irit Arbel's CEO Webcast please visit www.TheGreenBaron.com

"This CEO Webcast is an important step in Pluristem Life System's commitment to keep our shareholders and the investment community better informed and as excited as the Company is about its future prospects," stated Dr. Arbel.

Arbel continued, "It is my fervent hope that investors find this CEO Webcast helpful in following our company's growth and progress as well as understand the importance and possibilities of the mission Pluristem's proprietary stem cell expansion technology. We literally are working to save potentially millions of lives and initial results of our expansion technology providing proof of concept in expanding umbilical cord stem cells without differentiation by garnering amounts large enough to treat more than one adult are quite significant."

About Pluristem

Pluristem is a biotechnology company dedicated to the development of stem cell expansion technology. The Company is concentrating on the expansion of cord blood hematopoietic stem cells (blood and immune system cells) to provide vital stem cell expansion services to blood banks and transplants centers in the U.S. and Europe.

The CEO Webcast by Dr. Irit Arbel of Pluristem Life Systems, Inc. is conducted by Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society. Evergreen Marketing has also been retained by PLRS to assist in various marketing and consulting services which include helping create a supportive relationship between the company and its shareholders. For more information about Evergreen Marketing, Inc. or their subsidiary The Green Baron Investors Society visit them on the web at www.EvergreenMarketingInc.com and www.TheGreenBaron.com

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of V-Net Beverage Inc.., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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Contact:

     For Pluristem Life Systems, Inc.
     DeMonte Associates
     Cynthia DeMonte, 212-605-0525
     cdemonte@demonte.com