Althea Technologies, Inc. Announces the Spin-Out of an Independent Company, Althea Diagnostics

SAN DIEGO, CA--(Marketwire - February 26, 2008) - Althea Technologies, Inc., a leading provider of innovative technologies and pharmaceutical services, announced today that it has spun-out an independent company to commercialize its breakthrough genetic testing technology through a variety of laboratory services and gene expression products for use in monitoring and managing cancer treatment. Althea Diagnostics will build upon commercialized proprietary technology for quantitative measurement of multiple genes in a single reaction, as well as new technologies and bioinformatics applications designed to speed development of valuable molecular diagnostic tests. The company will be located within Althea's San Diego campus.