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www.fdanews.com/articles/83464-xechem-receives-560-000-from-sale-of-new-jersey-state-net-operating-losses

XECHEM RECEIVES $560,000 FROM SALE OF NEW JERSEY STATE NET OPERATING LOSSES

December 29, 2005

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)