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Inverness Medical Innovations, PrognostiX Sign Distribution Agreement for CardioMPO(TM) Test
Date:11/4/2008

leader in research on myeloperoxidase and atherosclerosis. Dr. Hazen is lead investigator and a co-inventor of the Cleveland Clinic research team that discovered blood MPO levels serve as a diagnostic marker for cardiovascular disease risk and a monitor of responses to cardiac and anti-inflammatory therapies.

Under the terms of the agreement, Inverness will have co-exclusive worldwide distribution rights with PrognostiX in all countries except Italy and Russia. PrognostiX previously secured distributors in these two countries. Financial terms of the agreement were not disclosed.

"PrognostiX is delighted to be partnering with Inverness on the commercialization of our CardioMPO(TM) Test," said Jake Orville, president and chief executive of PrognostiX. Inverness is well known for both its commitment to delivering innovative diagnostics and its strong global sales and marketing organization. We look forward to a long, successful relationship with Inverness that is built on both."

About Inverness Medical Innovations Inc.

By developing new capabilities in near-patient diagnosis, monitoring and health management, Inverness Medical Innovations enables individuals to take charge of improving their health and quality of life. A global leader in rapid point-of-care diagnostics, Inverness' products, as well as its new product development efforts, focus on infectious disease, cardiology, oncology, drugs of abuse and women's health. Inverness is headquartered in Waltham, Massachusetts. For more information about Inverness Medical Innovations, please visit our website at http://www.invernessmedical.com.

About PrognostiX Inc.

PrognostiX, a privately-held spin out of the Cleveland Clinic, develops and markets next-generation cardiovascular disease diagnostic products. The company's CardioMPO(TM) test, which aids in the diagnosis of near-term heart attack and cardiac death risk, is
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SOURCE Inverness Medical Innovations Inc.
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