Spectral to present at Rodman & Renshaw Annual Global Investment Conference on September 13

TORONTO, Sept. 6, 2011 /CNW/ - Spectral Diagnostics Inc., (TSX: SDI), a Phase III company developing the first theranostic treatment for patients with septic shock, today announced that Dr. Paul Walker, the Company's President & Chief Executive Officer, will present at the Rodman & Renshaw Annual Global Investment Conference.

Dr. Walker will discuss Spectral's lead theranostics product that combines the EAA™ diagnostic with the Toraymyxin therapeutic, the progress of its U.S. Phase III pivotal trial, which is the world's first theranostics trial in the area of sepsis, and the upcoming milestones for the Company. More than 250,000 patients are diagnosed with severe sepsis and septic shock in the U.S. each year, representing a greater than $1 billion market opportunity for Spectral.

WHEN: Tuesday, September 13, 2011 at 4:30 pm (Eastern Time)

WHERE: Starlight South room, The Waldorf=Astoria hotel in New York

An archived version of the PowerPoint will be available following the presentation at the Company's website.

For additional information on the conference please visit:

http://www.rodmanandrenshaw.com/conferences?id=162

About Spectral Diagnostics

Spectral is a Phase III company seeking U.S. FDA approval for its lead theranostics product for the treatment for severe sepsis and septic shock. Toraymyxin is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream. Directed by the Company's Endotoxin Activity Assay (EAA™), the only FDA cleared diagnostic for the risk of developing sepsis. Spectral's EUPHRATES trial is the world's first theranostics trial in the area of sepsis.

Toraymyxin has been approved for therapeutic use in Japan and Europe, and has been used safely and effectively in more than 80,000 patients to date. In March 2009, Spectral obtained the exclusive development and commercial rights in the U.S. for Toraymyxin, and in November 2010, signed an exclusive distribution agreement for this product in Canada. More than 250,000 patients are diagnosed with severe sepsis and septic shock in North America each year, representing a greater than $1 billion market opportunity for Spectral. Spectral is listed on the Toronto Stock Exchange under the symbol SDI. For further information please visit www.spectraldx.com.

Forward-looking statement

Information in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of the future outlook of Spectral and anticipated events or results, are assumptions based on beliefs of Spectral's senior management as well as information currently available to it. While these assumptions were considered reasonable by Spectral at the time of preparation, they may prove to be incorrect. Readers are cautioned that actual results are subject to a number of risks and uncertainties, including the availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, the ability of Spectral to take advantage of business opportunities in the biomedical industry, the granting of necessary approvals by regulatory authorities as well as general economic, market and business conditions, and could differ materially from what is currently expected.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this statement.

SOURCE Spectral Diagnostics Inc.

For further information:

Anthony Businskas
Executive Vice President and CFO
416-626-3233 ext. 2200
                    Adam Peeler
Investor Relations
416-815-0700 ext. 225
apeeler@equicomgroup.com

 

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Spectral Diagnostics Inc.

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