COMPANIES SIGN AGREEMENTS FOR SPY SYSTEM

Novadaq Technologies and CarboMedics of the Sorin Group, a company specializing in medical technologies for cardiac surgery, announced that they have signed a North American agreement to distribute the SPY Intra-operative Imaging System, a real-time visual imaging device for use during coronary artery bypass graft surgery. Concurrently, Novadaq and Kodak are finalizing a U.S. service agreement to provide ongoing service and maintenance for the SPY System.

Canada NewsWire (http://www.newswire.ca/en/releases/archive/July2005/05/c8496.html)