Xechem International announced today it has received $566,360 from the sale of net operating losses (NOL's) generated in prior tax years by the Company and its wholly owned subsidiary, Xechem, Inc. as part of the Technology Business Tax Certificate Program sponsored by The New Jersey Economic Development Authority (NJEDA).

Black Enterprise (http://www.blackenterprise.com/yb/ybopen.asp?section=ybbf&story_id=87324672&ID=blackenterprise)