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Corgenix Medical Corp. and the ELITech Group Establish Strategic Alliance
Date:7/19/2010

"This new collaboration confirms the vision and perspective of the ELITech Group, which is driven by strategic partnerships with key players in the in-vitro diagnostics (IVD) industry," said Pierre Debiais, the ELITech Group's President. "The new relationship with Corgenix supports the Group's commitment to the IVD market, demonstrates our strong desire to develop and introduce new products, and significantly broadens our global position in diagnostics."

"Adding Corgenix and the company's strength in immunology is a natural expansion to ELITech's clinical chemistry and serology lines," continued Pierre Debiais. "The partnership furthers ELITech's existing position in unique microbiology products ranging from specific culture media and rapid tests to multiplexing serology systems and infectious diseases molecular diagnostics."

Philippe Veran, the ELITech Group's Financial Advisor, said the transactions with Corgenix to continue ELITech's business expansion have been made possible through the support of ELITech Group's core investors: NAXICAP PARTNERS, SYNERGIE FINANCE, BNP PARIBAS DEVELOPPEMENT and IDIA DEVELOPPEMENT.

Further details of the transactions are included in an 8-K filing with the U.S. Securities and Exchange Commission.  

About Corgenix Medical Corporation

Corgenix is a leader in the development and manufacturing of specialized diagnostic kits for immunology disorders, vascular diseases and bone and joint disorders, including the world's only non-blood-based test for aspirin effect. Corgenix diagnostic products are commercialized for use in clinical laboratories throughout the world. The company currently sells over 50 diagnostic products through a global distribution network. More information is available at

SOURCE Corgenix Medical Corporation
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