bioLytical Laboratories

bioLytical Laboratories

August 13, 2007 11:48 ET

bioLytical Embarks on Trade Mission to South America

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2007) - bioLytical Laboratories Inc. (bioLytical) announced today they will participate in a South American trade mission initiated by the Montana World Trade Center (MWTC) at The University of Montana. The mission, led by U.S. Representative Denny Rehberg, will take place August 11-18 with planned stops in Buenos Aires, Argentina; Sao Paulo, Brazil; and Santiago, Chile.

"Our goal for this mission is to cultivate new markets and develop strong relationships with South America," commented Carl Roy, CEO, bioLytical. By personally visiting and meeting with relevant parties in these cities, we hope to increase business activities in this growing marketplace." bioLytical has recently licensed its INSTI™ kit to Mexico and Venezuela.

HIV transmission in Latin America can be attributed to several factors, common to all Latin American countries, including widespread poverty and migration, insufficient information and education. Two thirds of the estimated 1.7 million people living with HIV in Latin America reside in the four largest countries: Brazil, Argentina, Mexico, and Colombia.

Brazil is the epicentre of the HIV/AIDS epidemic in South America with an estimated 620,000 people (0.5% prevalence) living with HIV at the end of 2005. This represents roughly one third of all people living with the virus in Latin America. Within Argentina recent statistics estimate there are approximately 130,000 people living with HIV/AIDS (0.6% prevalence). Chile has an HIV infection rate roughly equal to that of Canada (0.3%) with approximately 28,000 people there living with HIV/AIDS.

Montana companies and groups involved in the mission include MSE Technology Applications, Globalization Partners International, Corporate Air, TowHaul/Smith Equipment, Evergreen International Inc., Corvallis Feed and Seed/Commercial Machine Services, Wood's Powr-Grip, TSI Health Sciences, the Montana Environmental and Engineering Consortium, the Montana Manufacturing Extension Center, UM's Legal Counsel and the Montana Export Assistance Center.

ABOUT THE MONTANA WORLD TRADE CENTER

The Montana World Trade Center® is a program of The University of Montana operating in cooperation with universities throughout the state. The Center's purpose is to help Montana businesses establish or strengthen their international commercial capabilities. The Center works to develop the untapped international trade opportunities for the state and region.

ABOUT INSTI™ HIV-1 RAPID ANTIBODY TEST

The INSTI™ HIV-1 Rapid Antibody Test is a rapid, in-vitro, qualitative test for the detection of antibodies to Human Immunodeficiency Virus Type 1 in human whole blood, serum or plasma. The test is capable of providing results in 60-seconds and is intended for use as a screening assay by trained personnel in medical facilities, clinical laboratories, emergency care situations, and physicians' offices.

ABOUT BIOLYTICAL LABORATORIES

bioLytical Laboratories (Inc.) is a leading developer and manufacturer of diagnostic tests for global health care markets. bioLytical is a privately owned company with headquarters and a state-of-the-art manufacturing facility located in Richmond, British Columbia, with offices in United Kingdom and Uganda, Africa. For more information about bioLytical and INSTI™, please visit www.biolytical.com.

This news release is not, and under no circumstances is to be construed as, an advertisement, solicitation or offering of securities of bioLytical Laboratories. The statements made in this news release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

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