T-Ray Science, Inc.

T-Ray Science, Inc.

October 17, 2008 13:21 ET

T-Ray Science, Inc. Files Provisional Patent on Counterfeit Drug Detector

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 17, 2008) - T-Ray Science, Inc., ("T-Ray", the "Company") an emerging leader in the field of TeraHertz ("THz") research, announced today that it has filed for provisional patent protection with the U.S. Patent and Trade Mark Office on a Whispering Gallery Mode ("WGM") Resonator.

T-Ray's WGM Resonator is a sensor system used in analyzing samples for classification, quantification, monitoring and sensing of health care products, biologics, and tissue samples.

The Company has sponsored Dr. Suren Gigoyan to advance our research on this technology. T-Ray has already demonstrated proof of concept with a prototype and are now focused on developing a compact, low cost, portable device.

The device will allow pharmacists and consumers alike to verify the authenticity of solid and fluid dosage pharmaceuticals. The counterfeit drug industry affects millions of people worldwide, particularly in developing nations. According to the Center for Medicines in the Public Interest, counterfeit drug sales will reach US $75 billion globally by 2010, a more than 90 percent increase from 2005.

"T-Ray's THz WGM Resonator can greatly reduce the plague of counterfeit drugs in the market today," says T-Ray President and CEO Thomas Braun. "This platform technology will be the basis for the future development of portable scanning devices that can be used in other industrial applications."

About T-Ray Science, Inc.

T-Ray Science, Inc. is a device-to-system technology development company that seeks to harness the power of TeraHertz radiation, the last unexplored region of the electromagnetic spectrum. The Company is involved in the design, innovation and commercialization of THz based products.

About Dr. Suren Gigoyan

Dr. Suren Gigoyan is working at the University of Waterloo as a Visiting Scientist with other T-Ray researchers. Dr. Gigoyan is a Fulbright Scholar and Head of the Millimeter and Microwave Laboratory, Institute of Radiophysics & Electronics at the Armenian National Academy of Sciences. He was recently awarded a $240,000 grant from the government of Canada for research in his native Armenia. This grant was awarded through the International Science and Technology Center, a nonproliferation program established by international agreement in 1992.

Forward Looking Statements

This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of THz based products, the market demand for these products and the proprietary protections that the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information.

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