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Biomoda Announces Collaborative Agreement With New Mexico Tech
Date:12/12/2007

ALBUQUERQUE, N.M., Dec. 12 /PRNewswire-FirstCall/ -- Biomoda, Inc. (OTC Bulletin Board: BMOD) (http://www.biomoda.com) of Albuquerque, NM, and New Mexico Institute of Mining and Technology (New Mexico Tech at http://www.nmt.edu) reached an agreement today to collaborate on clinical studies and the development of specialized image recognition technology as part of the company's commercialization of its assay for the early detection of lung cancer.

New Mexico Tech, in Socorro, New Mexico, is a world leader in many areas of research, including biomedical, hydrology, astrophysics, atmospheric physics, geophysics, homeland security, information technology, geosciences, energetic materials engineering, and petroleum recovery. The university specializes in research, focusing on science, engineering and related fields.

"This new research and development collaboration between Biomoda and New Mexico Tech will enable university researchers and students to directly participate in the testing and development of cutting-edge technology which will soon be deployed in the fight against cancer," said Daniel H. Lopez, president of New Mexico Tech. "This new joint venture forged between a public university and a private business promises to be a win-win situation for all involved."

"I am particularly pleased to announce our partnership with such a strong research and engineering partner as New Mexico Tech as we move towards commercialization of Biomoda's early cancer diagnostic technology," said John Cousins, President of Biomoda. "The scientists at New Mexico Tech offer a wide range of expertise in biomedical and engineering research programs that will be applied immediately in development of engineering technology for image recognition that is targeted at broad-based screening of large populations for lung cancer."

Biomoda's patented technology, a non-
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SOURCE Biomoda, Inc.
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