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BioMS Medical Announces 2009 Year End Results
Date:3/16/2010

Toronto Stock Exchange Symbol: MS

EDMONTON, March 16 /PRNewswire-FirstCall/ - BioMS Medical Corp. (TSX: MS), today announced financial and operational results for the year ended December 31, 2009.

"While 2009 was a challenging year for BioMS and our shareholders, we have remained focused on our core mission of investing our financial and management resources in promising opportunities so as to realize shareholder value," said Kevin Giese, President and CEO of BioMS Medical. "Our investment in Spectral Diagnostics once again provides us with an opportunity to actively participate in the advancement of a pivotal stage product with major market potential, while also leaving resources available to pursue other future opportunities."

    Corporate Update
    ----------------

    -   Subsequent to the end of the year, BioMS invested $12 million in
        Spectral Diagnostics Inc. (TSX: SDI) in exchange for 30,000,000
        common shares of Spectral, representing 39.57% of its issued and
        outstanding common shares.

    -   Spectral has also entered into a three year services agreement where
        BioMS will provide clinical, regulatory and capital markets
        consulting services to Spectral in exchange for $3 million paid to
        BioMS over the term of the contract.

    -   On March 3, 2010, Spectral Diagnostics received Investigational
        Device Exemption (IDE) approval from the 
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SOURCE BioMS Medical Corp.
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