SpectraScience and PENTAX Medical Announce Expanded Distribution of WavSTAT4 Optical Biopsy System in Europe

  SpectraScience and PENTAX Medical Announce Expanded Distribution of WavSTAT4
  Optical Biopsy System in Europe

Business Wire

SAN DIEGO -- April 10, 2013

SpectraScience, Inc. (OTCQB:SCIE), a San Diego-based medical device company
and PENTAX Europe GmbH (PENTAX Medical herein after) jointly announce that
they have agreed on expanded distribution of the WavSTAT4 Optical Biopsy
System in Europe. Increased deployments of the WavSTAT4 system is expected in
the PENTAX Medical fiscal year (April 2013 – March 2014).

SpectraScience and PENTAX Medical Expand Distribution of WavSTAT4 Optical
Biopsy System in Europe (P ...

SpectraScience and PENTAX Medical Expand Distribution of WavSTAT4 Optical
Biopsy System in Europe (Photo: Business Wire)

As previously announced in June 2012, SpectraScience entered into an exclusive
five-year agreement with PENTAX Medical to distribute its WavSTAT Optical
Biopsy System for the support of colorectal cancer screening and diagnosis.
The agreement, which includes the company's new WavSTAT4 console and the
disposable optical biopsy forceps, covers Europe as well as Turkey, Saudi
Arabia and South Africa. PENTAX Medical is a leading provider of flexible
endoscopes, which are used with the WavSTAT System during screening for
colorectal cancer.

"We are looking forward to working with PENTAX Medical to bring this new
technology to hospitals across Europe" said Michael Oliver, SpectraScience's
Chief Executive Officer. "PENTAX Medical is the ideal partner for our sales
and marketing efforts in Europe. Their highly-regarded sales organization has
the expertise to insure we get the maximum possible exposure in the
gastroenterology community. With expanded distribution with PENTAX Medical, we
create a situation where both companies have a vested interest in speeding the
adoption of this unique technology across Europe." Girts Cimermans, President
Europe, Middle East and Africa, PENTAX Medical states: "We believe in an
opportunity for this product and want to have a role in building its future.
We are making efforts to pave the way for WavSTAT into clinical routine."

About SpectraScience, Inc.

SpectraScience is a San Diego based medical device company that designs,
develops, manufactures and markets light-based analysis systems capable of
determining whether tissue is normal, pre-cancerous or cancerous without
physically removing tissue from the body. The WavSTAT Optical Biopsy System
uses light to optically diagnose tissue and provide the physician with an
immediate result. With the CE certification obtained, allowing the sales and
shipments in the European Union, the WavSTAT System is the first commercially
available product that incorporates this innovative technology for clinical
use.

About PENTAX Medical

PENTAX Medical is a division of Hoya Group. Its mission is to improve the
standard of patient care and quality of healthcare delivery by providing the
best endoscopic products and services with a focus on QUALITY, CLINICALLY
RELEVANT INNOVATION, and SIMPLICITY. Through leading edge R&D and
manufacturing, PENTAX Medical provides endoscopic imaging devices and
solutions to the global medical community. Headquartered in Japan, PENTAX
Medical has a worldwide focus and presence with R&D, regional sales, service,
and in-country facilities around the globe. PENTAX Medical employees represent
the diverse countries where we do business, allowing us to provide innovative
solutions tailored to meet local needs. For more information, please visit:
http://www.pentaxmedical.com.

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Contact:

SpectraScience, Inc.
Jim Dorst, +1-858-405-9933
Chief Financial Officer
or
PENTAX Europe GmbH
Ina Schreuder
Marketing Communications Manager EMEA
schreuder.ina@pentax.de
www.pentaxmedical.com
 
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