Innovotech Announces Grant of Stock Options

Innovotech Inc. (TSX VENTURE:IOT) ("Innovotech") today announced that, in
accordance with the policies of the TSX Venture Exchange, the board of directors
has approved a grant of stock options to directors and employees of Innovotech
to purchase an aggregate of 120,000 common shares pursuant to its stock option
plan. These options have an exercise price of $0.45 per common share and expire
on March 21, 2022. 


About Innovotech Inc.:

Innovotech Inc. is a pioneer in the field of biofilm product development,
focused on providing innovative and practical solutions to medical, agricultural
and industrial problems caused by microbial biofilms. Biofilms are organized
communities of microorganisms that exist in virtually every natural environment
and are responsible for a host of diseases in human health, animal health and
agriculture. There are few products or regulatory standards, aside from those of
Innovotech, designed specifically for biofilm-forming organisms.


Innovotech has a broad range of products that address the issue of biofilms
within a number of different industries, including commercially available
products in three market segments; the MBEC Assay(TM), bioFILM PA(TM) and
InnovoSCEPT veterinary kits. The MBEC Assay(TM) is a high throughput biofilm
growth device that was recently approved as an ASTM International standard.
bioFILM PA(TM) is the first diagnostic test to assist physicians in the
selection of the most effective combination antibiotic treatment of patients
with biofilm-based chronic lung infections, while the InnovoSCEPT veterinary
tests are designed to determine the most effective antibiotic treatment for
infections in both large and small animals. 


Innovotech also has three products in advanced stages of development;
InnovoSCEPT human tests have been designed specifically to address antibiotic
treatment for human infections, Agress(R) is a unique, environmentally friendly
seed treatment and plant spray designed to protect crops against both bacterial
and fungal infections and Sani-Lux(TM) is a light-activated, natural hard
surface sanitizer.


Connect with us:

Website: www.innovotech.ca

Blog: www.cf-test.ca

Twitter: www.twitter.com/innovotech

Facebook: www.facebook.com/innovotech