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Perceptronix Medical Inc.

Perceptronix's First ClearSign(TM) Lung Cancer Testing Facility

Vancouver, Canada (ots/PRNewswire)

Perceptronix Medical Inc.
("Perceptronix") announced today that it has  opened its first sputum
induction facility at MDS Metro Laboratory Services'  Victoria Drive
Patient Service Centre in Vancouver. This facility will be the  first
centre to offer sputum induction for Perceptronix's ClearSign(TM)
Sputum Test ("ClearSign(TM)").
ClearSign(TM) is a simple, non-invasive, early detection test for
lung cancer. The test recently received Health Canada approval and is
the first lung cancer test to be approved in North America.
ClearSign(TM) is performed on sputum - the material brought up
from the lungs after a deep cough - collected using an induction
procedure where coughing is induced by breathing salt water vapour.
Sputum samples are analyzed by Perceptronix to yield a ClearSign(TM)
score which indicates the likelihood that an individual has lung
cancer, similar to other cancer detection tests such as the Pap test
for cervical cancer or the PSA test for prostate cancer.
"We are pleased to be able to provide a convenient location to
facilitate sputum collection and analysis, and expect this collection
site  to be the first of many across Canada that will offer this
service," says  Dr. Bojana Turic, Perceptronix's Vice-President and
Chief Operating Officer.
Lung cancer is a prevalent form of cancer in both men and women
and results in the greatest number of cancer related deaths
worldwide. In 2002, 1.35 million people were diagnosed with lung
cancer and approximately 1.2 million people, or 18% of the world's
cancer deaths were as a result of lung cancer. Early detection of
cancer is key to a positive outcome. Patients diagnosed with stage I
lung cancer have a 70% five year survival rate, which is
significantly higher than the 10% survival rate among those diagnosed
with stage III lung cancer or worse. The ClearSign(TM) test offers
physicians a  new tool to determine the likelihood their patient
harbours lung cancer, even before obvious symptoms are evident.
About Perceptronix suite of technologies
Perceptronix's suite of technologies and laboratory services is
designed to approach cancer diagnosis comprehensively through early
detection, localization, diagnosis and follow-up. The first of
Perceptronix's technologies to receive regulatory approvals are:
-   ClearSign(TM) Sputum Test - This test is used for early lung cancer
        detection. ClearSign(TM) has a Health Canada license and CE Mark;
    -   ClearCyte(TM) Test - This test is used to measure "gross genomic
        aberrations" (DNA Ploidy) to assist physicians with clinical
        diagnosis and prognosis of cancer. ClearCyte(TM) has a Health Canada
        license and CE Mark;
The Perceptronix Clinical Quantitative Cytology Laboratory in
Vancouver, Canada currently performs the ClearSign(TM) Sputum Test
and the ClearCyte(TM) Test. This laboratory operates under guidance
and accreditation from the Diagnostic Accreditation Program of the
British Columbia College of  Physicians and Surgeons.
About Perceptronix Medical Inc. (www.perceptronix.com)
Perceptronix is a private, cancer diagnostics company based in
Vancouver, Canada. Perceptronix commercializes early cancer detection
technologies developed in partnership with the BC Cancer Agency
(www.bccancer.bc.ca), a world-leader in cancer care and research and
a pioneer in early cancer detection programs.
This news release is not, and under no circumstances is to be
construed as, an advertisement, solicitation or offering of
securities of Perceptronix Medical Inc. The statements made in this
news release may contain certain forward-looking statements that
involve a number of risks and  uncertainties. Actual events or
results may differ from the Company's  expectations.

Contact:

For further information: Lydia Taylor, Director, Business
Development, Perceptronix Medical Inc., Phone: +1-604-629-8785,
info@perceptronix.com; Media Contact: Don Bradley, James Hoggan &
Associates Inc., Phone: +1-604-739-7500, Mobile: +1-604-961-3883,
dbradley@hoggan.com