George O'Leary Elected to the Board of Directors of Isonics Corporation

  
    
  
  
    
      Isonics Corporation (OTCBB: ISON.OB), a company focused on the provision 
      of homeland security services and 300-millimeter (and smaller diameter) 
      test wafers and reclamation services, wafer thinning and custom wafer 
      products for the silicon industry, announced today that veteran 
      businessman and management consultant George O’Leary 
      had been elected to the company’s Board of 
      Directors, bringing the total to five.
    
    
      Mr. O’Leary currently serves as a director of 
      several other public companies, including Futuremedia PLC (FMDAY.OB), a 
      learning and communications company, and NeoGenomics, Inc. (NGNM.OB), a 
      cancer genetic testing laboratory. He is also engaged, in an advisory 
      capacity, in several turn-around situations, both in the US and the 
      United Kingdom. The holder of Isonics’ 13% 
      Debentures has a business relationship with and has previously invested 
      in NeoGenomics, Inc.; nevertheless, the Board of Directors has 
      considered the potential conflict of interest and has determined that 
      any such relationship will not interfere with Mr. O’Leary’s 
      being able to faithfully carry out his duties as an Isonics Director.
    
    
      Chris Toffales, Isonics Chairman and CEO, said, “We 
      are pleased to have George on our Board of Directors. He brings a wealth 
      of business experience to Isonics, and he is equally deep in both 
      private and public company operational and financial activities. We have 
      spent the last year mounting a turnaround at Isonics, and George’s 
      help in maintaining the momentum will be critical. He joins a very 
      strong and committed Board of Directors.”
    
    
      Cautionary Statement: Except for historical information contained 
      herein, this document contains forward-looking statements within the 
      meaning of the Private Securities Litigation Reform Act of 1995. These 
      statements involve estimates, assumptions, known and unknown risks and 
      uncertainties that may cause the Company’s 
      actual results or outcomes to be materially different from those 
      anticipated and discussed herein. Further, the Company operates in 
      industries where securities values may be volatile and may be influenced 
      by regulatory and other factors beyond the Company's control. Other 
      important factors that the Company believes might cause such differences 
      are discussed in the risk factors detailed in the Company's 10-K for the 
      year ended April 30, 2007 and reports subsequently filed with the 
      Securities and Exchange Commission, which include the Company's 
      historical cash flow difficulties, dependence on significant customers, 
      and rapid development of technology, among other risks. In assessing 
      forward-looking statements contained herein, readers are urged to 
      carefully read all cautionary statements contained in these filings with 
      the Securities and Exchange Commission.