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mNEMOSCIENCE GmbH Announces Global Licensing Agreement With Aporo Biomedical
Date:1/30/2008

- New Deal Advances the Company's Groundbreaking Smart Shape Memory Polymer

(BIO-SMP(TM)) Commercialization Program -

AACHEN, Germany, Jan. 30 /PRNewswire/ -- mNEMOSCIENCE GmbH, the pioneer in the design, manufacture and commercialization of innovative, biocompatible shape memory polymers (BIO-SMP(TM)), today announced the completion of a global licensing agreement for an application of the Company's BIO-SMP(TM) with Aporo Biomedical. Based in San Francisco, Aporo Biomedical is a medical device company dedicated to delivering transformative catheter-based technologies with an initial focus on cardiovascular and vascular therapeutic areas. Aporo Biomedical will use mNEMOSCIENCE's BIO-SMP(TM) in both patent foramen ovale (PFO) and femoral artery closure devices.

"We are delighted to partner with such a skilled and innovative medical device manufacturer for our BIO-SMP(TM) technology," said Christian Palme, CEO, mNEMOSCIENCE(R). "Securing high-quality, progressive partners like Aporo Biomedical has been a key focus of our strategic development plan and represents an important milestone in advancing our BIO-SMP(TM) commercialization program."

mNEMOSCIENCE has established an industry-leading technology platform for the design and manufacture of BIO-SMP(TM). The proprietary shape memory polymers developed by mNEMOSCIENCE are unlike any other materials currently being produced and can be programmed to change shapes and rigidity when an initiating stimulus, such as change in temperature through exposure to heat sources (e.g., the human body or liquids), application of light energy or a magnetic field, or pH-change in the surrounding environment is applied. Further programmable key features include varying rates of biodegradation, proven biocompatibility and outstanding mechanical properties, all of which may overcome the limitations of other currently used materials.

"Utilizing mNEMOSCIENCE's novel BIO-SMP(TM) technology and
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SOURCE mNEMOSCIENCE GmbH
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