Acorn Acquisition Corp Announces Definitive Agreement to Acquire Lumen Me... (lmonary EmbolismPulmonary Hypertension a...)

Acorn Acquisition Corp Announces Definitive Agreement to Acquire Lumen Medical Inc.

Date:10/4/2007

lmonary Embolism, Pulmonary Hypertension and Lung Inflammatory diseases.

The company was spun out of the Montreal Heart Institute (a world renowned teaching hospital) and is jointly owned by Lumen Medical Inc which is providing the funding to develop this exciting new technology and bring it to the marketplace, the scientific director and initiator of the PulmoBind Molecular Imaging technology (Dr Jocelyn Dupuis), and Innovacor (a subsidiary of the Montreal Heart Institute). PulmoScience believes that the market for its product candidates is worth $500 million per annum and that provided Regulatory Approval is achieved, the safety and efficacy of its products could allow it to dominate that market.

About Acorn Acquisition Corp.

Acorn Acquisition Corp. was established in 1980 and since 2004 has been traded on the OTC Bulletin Board. Whilst until recently an entity whose shares rarely traded, the Company has maintained its listing, always ensuring timely presentation of periodic filings with the Securities and Exchange Commission. The aim of the Directors was always to utilize Acorn's public company status to acquire a valuable privately or publicly traded business, to thus increase share holder value and subsequently provide a profitable trading activity within a known and targeted industry field. The Company believes that the proposed Merger will achieve these goals.

About Lumen Medical Inc.

Lumen Medical Inc. is a venture capital company specializing in medical research, development and marketing. The Company's staff brings together a combination extensive business experience and academic credentials. The principal staff members are noted performers in small and large firms and work with a broad range of investment institutions. Lumen's mission is to bring scientific imagination and drive, together with managerial and financial acumen, innovative and profitable products to the marketplace to the benefit of all stock holders.

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Acorn Acquisition Corp Announces Definitive Agreement to Acquire Lumen Me...(lmonary EmbolismPulmonary Hypertension a...)