ZoomMed inc.

ZoomMed inc.

August 05, 2005 23:59 ET

ZoomMed announces the grant of options

MONTREAL, Aug. 5 - ZoomMed inc. ("ZoomMed"), a capital pool
corporation (TSX Venture Exchange: ZMD), announces that its Board of directors
agreed to grant, with effect as at the date of receipt of the required
approvals of the "Autorité des marches financiers du Québec" and the TSX
Venture Exchange, 670,000 stock options to three (3) directors of it's

Each of these options allows its holder to purchase a common share of
ZoomMed at a price of $0.25 for a five (5) year period following their
issuance, subject to the provisions of the stock option plan of ZoomMed and
TSX Venture Exchange policies.

ZoomMed is presently developing a new electronic tool, aiming at changing
the way; drugs are prescribed and dispensed throughout Canada. This handheld
prescribing system device, equipped with tools such as therapeutic information
as well as medication interaction advisor, will enable doctors to fulfill
prescriptions and to electronically transmit them in a secure mode. This user
friendly and free Web product, designed for doctors, will use the latest
"Pocket Pc" technologies.

The TSX Venture Exchange has neither approved nor accepts any
responsibility with respect to the veracity or exactitude of this press

Contact Information

  • ZoomMed inc.
    Yves Marmet
    Corporate development
    (514) 966-9491