Innovotech Inc.
TSX VENTURE : IOT

Innovotech Inc.

March 12, 2008 16:52 ET

Innovotech Announces Grant of Stock Options

EDMONTON, ALBERTA--(Marketwire - March 12, 2008) - Innovotech Inc. ("Innovotech") (TSX VENTURE:IOT) announces that, in accordance with the policies of the TSX Venture Exchange, the board of directors has approved a grant of stock options to directors and employees of Innovotech to purchase an aggregate of 171,000 common shares at an exercise price of $0.72 per common share pursuant to its stock option plan. The stock options expire five years from the date of grant.

About Innovotech Inc.:

Innovotech is a product development company focusing on the development of solutions to medical, agricultural and industrial problems caused by microbial biofilms. Biofilms are protected communities of microorganisms which are very common and very difficult to treat due to their inherent resistance. They have been implicated in a host of devastating infections in agriculture, human health and industry. No diagnostics or antibiotics are currently approved for use in infections involving biofilms.

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

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