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

the first FDA-cleared diagnostic of its kind. PrognostiX' proprietary product pipeline includes valuable, high-margin cardiovascular and inflammatory biomarkers licensed to it exclusively by the Cleveland Clinic, the world's most respected cardiovascular center. Among these pipeline products is a novel biomarker that complements the cholesterol test, providing additional, more precise information for coronary artery disease risk assessment. The company also operates a CLIA-certified specialty reference laboratory, enabling it to bring promising new cardiovascular biomarkers to market more quickly. To learn more about PrognostiX, its product menu and pipeline, please visit http://www.prognostix.com.

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. Dr. Hazen is the scientific founder and paid consultant for PrognostiX Inc.

This press release may contain forward-looking statements within the meaning of the federal securities laws, including statements the potential benefits and impact of the CardioMPO Test. These statements reflect Inverness' current views with respect to future events and are based on management's current assumptions and information currently available. Actual results may differ materially due to numerous factors including, without limitation, risks associated with market acceptance of the product; the ability to successfully manufacture and distribute the product; the ability to secure and maintain the regulatory approvals or clearances necessary to sell the product in various markets; and the risks and uncertainties described in Inverness' annual report on Form 10-K, and other factors identified from time to time in its periodic filings with the Securities and Exchange Commission. Inv
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