Question-and-Answer Session
Unidentified Audience Member
[Question Inaudible].
Mercedes Walton
Yes. Well, we do believe that C'elle is going to be very critical to the future growth of the company. And we believe that the success of C'elle is going to be predicated upon advancements in the scientific research. So, we actually published scientific paper in the journal of Cell Transplantation in April of 2008.
And this paper talks about the C'elle stem cell composition of the cell, and in fact, that it has differentiated its own of highly respected peer review journal. And we believe as these scientific collaborations that we've entered into, as they start to proliferate and additional future publications emerge that those studies and developments will actually fuel interest in the service. So, we believe that that's a key.
Another growth driver is licensing this technology. We had been very much focused on licensing both the U-Cord and the C'elle technology. Our partner in India, Asia Cryo-Cell, for example, has announced their intention to launch the C'elle service in November of 2008.
So, as these global affiliations start to expand, our licensing revenue and royalty that come from both the processing and the storage will continue to increase. And then we believe that the future of bundling the services, finding synergies between services is particularly vast if you consider the fact that we have a base of over 155,000 clients.
These families, these women typically are very well educated. They have discretionary income, and they are really the prime target market for the C'elle service. So, we're able to lever our embedded base of cord blood clients to promote the sales and service of C'elle.
So, it's the combination of advancing the commercialization of the new technology and building upon the momentum that's underway with the stem cell industry at large.
Moderator
Other questions? Okay. Well, thank you very much for your attention. And we certainly look forward to further discussions with you about Cryo-Cell. Thank you very much.
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