Notice to Shareholders Regarding a Court Application for an Order for Reorganization of ViRexx Medical Corp.

EDMONTON, ALBERTA--(Marketwire - December 02, 2008) - ViRexx Medical Corp. ("ViRexx" and/or the "Company") announced today that an application will be made before Justice Bielby of the Court of Queen's Bench of Alberta (the "Court") on December 11, 2008 at The Law Courts, in Edmonton, Alberta at 9:00 a.m. or so soon as the matter is heard thereafter (the "Court Application") for approval of an Order for Reorganization in ViRexx's Proposal Proceedings under the Bankruptcy and Insolvency Act (Canada) and under the Alberta Business Corporations Act. The Court has previously directed that ViRexx's shareholders be served with notice of the Court Application by way of this press release.