BrainStorm Announces Private Equity Financing of $250,000 with Individual Private Investor

  BrainStorm Announces Private Equity Financing of $250,000 with Individual
  Private Investor

Business Wire

NEW YORK & PETACH TIKVAH, Israel -- February 11, 2013

BrainStorm Cell Therapeutics Inc. (OTC.QB: BCLI), a leading developer of adult
stem cell technologies for neurodegenerative diseases, announced today that it
has signed a $250,000 Common Stock purchase agreement with an individual
private investor.

Under the terms of the agreement, BrainStorm will sell 833,334 common shares
at $0.30 per share (representing a 25% premium to the prior day’s closing
price of BrainStorm’s shares of Common Stock) for gross proceeds of $250,000
together with a 32-month warrant to purchase up to 833,334 shares of
BrainStorm’s common stock at $0.50 per share (representing a 108% premium to
the prior day’s closing price of BrainStorm’s Common Stock).

“2013 is off to an exciting start for BrainStorm and its shareholders,” said
Chaim Lebovits, President of BrainStorm. “We are progressing quickly with our
newly launched Phase IIa dose-escalating trial in Jerusalem, and are hopeful
about obtaining FDA approval to begin another trial in the USA this year. We
look forward to building on our recent achievements and expect 2013 to be a
transformational year for BrainStorm.”

The securities sold in the private placement have not been registered under
the Securities Act of 1933 and may not be resold absent registration under or
exemption from such Act. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy any securities. This press release
is being issued pursuant to and in accordance with Rule 135c under the
Securities Act of 1933.

About BrainStorm Cell Therapeutics, Inc.

BrainStorm Cell Therapeutics Inc. is a biotechnology company engaged in the
development of first-of-its-kind adult stem cell therapies derived from
autologous bone marrow cells for the treatment of neurodegenerative diseases.
The Company holds the rights to develop and commercialize its NurOwn
technology through an exclusive, worldwide licensing agreement with Ramot, the
technology transfer company of Tel Aviv University. For more information,
visit the company’s website at www.brainstorm-cell.com.

Safe Harbor Statement

Statements in this announcement other than historical data and information
constitute "forward-looking statements" and involve risks and uncertainties
that could cause BrainStorm Cell Therapeutics Inc.'s actual results to differ
materially from those stated or implied by such forward-looking statements.
Terms and phrases such as “may”, “should”, “would”, “could”, “will”, “expect”,
“likely”, “believe”, “plan”, “estimate”, “predict”, “potential”, and similar
terms and phrases are intended to identify these forward-looking statements.
The potential risks and uncertainties include, without limitation, risks
associated with BrainStorm's limited operating history, history of losses;
minimal working capital, dependence on its license to Ramot's technology;
ability to adequately protect the technology; dependence on key executives and
on its scientific consultants; ability to obtain required regulatory
approvals; and other factors detailed in BrainStorm's annual report on Form
10-K and quarterly reports on Form 10-Q available at http://www.sec.gov. These
factors should be considered carefully, and readers should not place undue
reliance on BrainStorm’s forward-looking statements. The forward-looking
statements contained in this press release are based on the beliefs,
expectations and opinions of management as of the date of this press release.
We do not assume any obligation to update forward-looking statements to
reflect actual results or assumptions if circumstances or management’s
beliefs, expectations or opinions should change, unless otherwise required by
law. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements.

Contact:

BrainStorm Cell Therapeutics Inc. (OTC.QB: BCLI)
Mr. Alon Natanson, CEO
+972-3-9236384
info@brainstorm-cell.com
www.brainstorm-cell.com
 
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