Chembio Diagnostics, Inc. To Present At 2006 C.E. Unterberg, Towbin Life Sciences Conference On October 31, 2006

Chembio Diagnostics, Inc.’s (OTCBB:CEMI) Chairman and President, Lawrence Siebert, will present at the 2006 C.E. Unterberg, Towbin Life Sciences Conference on Tuesday, October 31st at 3:00 PM (EST) at the New York Palace Hotel in New York City. A live webcast of the presentation will be available on the Company’s website at www.chembio.com, and will be available for 30 days. Additional information regarding the conference can be found at www.unterberg.com.

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