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ViOptix Raises $12.2 Million in Series D Financing
Date:1/10/2008

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"ViOptix is positioned well for growth with its platform technology which lends itself to the development of numerous products with multiple pathways for commercialization. We look forward to working with the Company at this exciting time," commented Gregory Shearer, Principal and Founder of Channel Medical Partners.

Dr. Michael Cross, Senior Vice President for Jove Investment Management, a major investor in ViOptix Inc. through its Canadian Medical Discoveries Fund, remarked, "Tissue oximetry technology has broad applications in healthcare, but we are still in the early stages of applying the technology to the many potential clinical indications. ViOptix is well along its way to commercial success with its initial application of tissue oximetry technology for reconstructive microsurgery, and has many additional opportunities for new clinical applications to bring to market."

About ViOptix Inc.

ViOptix Inc. develops, manufactures and markets innovative proprietary products for tissue oximetry, measuring oxygen saturation levels in tissues. The Company's products and products under development consist of near infrared generators and single-use disposable sensor devices. Its first product, the ODISsey System, received U.S. Food and Drug Administration clearance in January 2005 for the measurement of localized tissue oxygenation levels for critical care applications. For more information on the Company or its products, visit the Company's website at http://www.vioptix.com.

About Canadian Medical Discoveries Funds

The Canadian Medical Discoveries Funds (CMDF) is a labour-sponsored venture capital investment fund (LSIF). Established in 1994, CMDF is Canada's most mature health sciences LSIF specifically targeting biotechnology, pharmaceuticals, diagnostics, medical devices and imaging products and other special life sciences opportunities. Together the funds have approximately
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SOURCE ViOptix Inc.
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