Diagnos Inc.

Diagnos Inc.

November 13, 2007 10:00 ET

DIAGNOS and Everton Resources Sign a Strategic Agreement for a Major Project in Mining Exploration

BROSSARD, QUEBEC--(Marketwire - Nov. 13, 2007) - DIAGNOS inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence ("AI") and advanced knowledge extraction techniques, announced today the signature of a service agreement for a large targeting project with Everton Resources, a Canadian exploration mining company who owns key properties in the Dominican Republic and the province of Quebec, Canada. DIAGNOS will use its CARDS (Computer Aided Resources Detection Software) system on the data provided by Everton Resources with the aim of identifying targets for precious and base metals on a territory covering many tens of thousands squared kilometers.

The highlights of this agreement are:

- Everton will pay DIAGNOS an amount of $175 000 in cash and will grant 50 000 common shares which value should not be under $0.80 CDN each on the day of the grant. In the event of this case, Everton will grant the equivalent of $40,000 of shares.

These amounts are versed for consulting fees and for Everton to acquire a territorial exclusiveness in acquisition of titles, companies and in partnership's development, for a two-year period after the remittal of the report. At the end of these two years, DIAGNOS could decide to develop business alliances on the basis of the results of the targeted zone.

- A 2% NSR (Net Smelter Return) bonus will also be paid to DIAGNOS for each economical discovery on the studied zone. Everton Resources will have the option to acquire 1% of this NSR for $1 000 000 at all time.

The limit delivery date of the final report is January, 30, 2008.

DIAGNOS, a multidisciplinary corporation, can count on a 17-people team among which seven professionals in geophysics and geology; artificial intelligence specialists, mathematicians, imagery and remote sensing. This team is helped by a dynamic administration and marketing and sales force to help serve its mining sector clientele at its very best. In addition to the data mining and the predictions of the best drilling targets, the Natural Resources Division acquires and sells properties and offers project management services. This horizontal integration makes DIAGNOS, the leader in its sector of industry.


DIAGNOS inc. has developed data mining software and provides data mining services. The Corporation designed and developed MCubiX, a data mining software suite capable of extracting knowledge from historical data - in the form of images, text or traditional databases - and making predictions that improve business processes and decision making ability. CARDS (Computer Aided Resource Detection Software) can be applied to several sectors of prospecting, such as diamond, gold, zinc, copper and the oil and gas, and each one of these resources require a distinct methodology endorsed by the application. CARDS is an excellent tool in exploration which major utility is time and money saving and increased efficiency. For further information, please visit our Website at www.diagnos.ca. The Corporation's objective is to develop a royalty stream by significantly enhancing and participating in the exploration success rate of mining and oil and gas companies.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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