LED Medical Diagnostics Receives Award for Innovation and Promise

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LED Medical Diagnostics, whose LED Dental subsidiary manufactures the VELscope Oral Cancer Screening System, was named a recipient of the Red Herring Canada 50 Awards acknowledging the most innovative and promising companies in Canada.

Being named a finalist for this prestigious award was quite an honor for our company, but to be named a winner is a gratifying reinforcement of the exciting promise presented by our dedicated, talented team and our innovative, life-saving technology.

LED Medical Diagnostics Inc. announced today that it has been named a winner of the first annual Red Herring Canada 50 awards celebrating the most innovative and promising companies in Canada. LED Medical Diagnostics is the parent company of LED Dental, manufacturer of the VELscope® Oral Cancer Screening System.

Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums. These include a leading innovation magazine, an online daily technology news service, several technology newsletters, and major events for technology leaders around the globe.

The Red Herring Canada 50 nominees are rigidly evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy and integration into their ecosystem. This unique assessment of potential is measured by a review of the actual track record and standing of a company, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

David Cox, president of both LED Medical Diagnostics and LED Dental, said, "Being named a finalist for this prestigious award was quite an honor for our company, but to be named a winner is a gratifying reinforcement of the exciting promise presented by our dedicated, talented team and our innovative, life-saving technology." Mr. Cox accepted the award on his company's behalf on September 17 before an audience of leading entrepreneurs, financiers and corporate strategists at ceremonies in Mont-Tremblant, Quebec.

For more information on Red Herring, visit http://www.redherring.com.

About LED Dental
LED Dental Inc. is a wholly-owned subsidiary of LED Medical Diagnostics Inc., which was founded in 2003 and is headquartered in White Rock, British Columbia, Canada. For more information, call 1-888-541-4614, or visit http://www.VELscope.com.

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John Pohl
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