LED Medical Diagnostics Announces Non-Brokered Private Placement

LED Medical Diagnostics Inc. ("LED" or the "Company") (TSX
VENTURE:LMD)(OTCQX:LEDIF)(FRANKFURT:LME), announces that, subject to TSX Venture
Exchange approval, it is undertaking a non-brokered private placement of
17,000,000 units at an issue price of $0.15 per unit for gross proceeds of $2.55
million. Each unit is comprised of one common share and one common share
purchase warrant with each warrant entitling the holder to acquire one common
share at an exercise price of $0.20 for a period of 24 months. 


All of the securities issued in connection with the private placement are
subject to a restricted period that expires four months after the issuance date.



The proceeds will be used by LED to build out LED's internal sales team, support
product development and for working capital purposes.


LED may pay a cash commission of 10% of the gross proceeds received and finder's
warrants of 10% of the units subscribed for in respect of certain subscriptions.
Each finder's warrant will be non-transferable and exercisable into one common
share at an exercise price of $0.20 for a period of 24 months.


About LED Medical Diagnostics Inc.

Founded in 2003 and headquartered in Burnaby, British Columbia, Canada, LED
Medical Diagnostics Inc. is a leading developer of LED-based visualization
technologies for the medical industry. The Company is currently listed on the
Toronto Stock Exchange (TSX-V) under the symbol "LMD", the OTCQX under the
symbol "LEDIF", as well as the Frankfurt Stock Exchange under the symbol "LME".
For more information, visit www.ledmd.com.


Through its wholly-owned subsidiary, LED Dental Inc., the company manufactures
the VELscope(R) Vx Enhanced Oral Assessment System, the first system in the
world to apply tissue fluorescence visualization technology to the oral cavity.
VELscope(R) Vx devices are now used by more than 13,000 dentists in 23 countries
to conduct screenings for oral cancer, pre-cancer and other oral tissue
abnormalities. For more information, visit www.leddental.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
LED Medical Diagnostics Inc.
Mark Komonoski, Investor Relations
[phone] or Toll-Free: [phone]
Cell: [phone]
[e-mail]
Skype: mkomonoski