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Spectral and Toray expand collaboration to include new geographic territories
Date:5/5/2008

TORONTO, May 5 /PRNewswire-FirstCall/ - Spectral Diagnostics Inc. (TSX: SDI) today announced that it has expanded its relationship with Toray Medical Co. Ltd. for the marketing and sale of Spectral's Endotoxin Activity Assay (EAA(TM)), the only FDA cleared assay for the measurement of endotoxin. Under the terms of the new collaboration agreement, Spectral will have access to Toray's distributors in new geographic territories including China, India, Russia and Canada for the sales and promotion of EAA(TM) in combination with its Toraymyxin blood purification device, which removes endotoxin from the bloodstream. These distributors will also market and sell the EAA(TM) diagnostic as a stand-alone product.

"Through our existing agreements, we have been establishing the value of our EAA(TM) diagnostic in combination with Toray's blood purification device in Japan and Europe," said Dr. Paul Walker, President and CEO of Spectral Diagnostics. "This expansion of our collaboration with Toray will strengthen our presence in additional geographic territories - a key component in the global commercialization strategy for our EAA(TM) product. The arrangement further highlights the benefits of using EAA(TM) to identify patients most likely to benefit from anti-endotoxin therapies."

Toray and Spectral will work together to commercialize EAA(TM) and Toraymyxin through the distributors, including holding jointly sponsored marketing events. Various distribution agreements related to this arrangement are expected to be finalized over the remainder of Spectral's 2008 fiscal year.

About Toraymyxin

Toraymyxin, a blood purification device, absorbs the bacterial toxin (endotoxin) that causes sepsis and septic shock using a special fiber. It consists of a plastic cylindrical container filled with a special fiber composite immobilized with the antibiotic polymyxin B, which has high affinity for endotoxin. In 1993, Toray received approval for manufacturing an
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SOURCE Spectral Diagnostics Inc.
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