Critical Outcome Technologies Inc. Announces Nomination for Early Stage Company of the Year

LONDON, ONTARIO--(Marketwire - May 13, 2008) - Critical Outcome Technologies Inc. (TSX VENTURE: COT), announced today that the Company has been nominated for the Early Stage Company of the Year award presented by BIOTECanada. This award is given to an emerging Canadian biotechnology company that has distinguished itself from its peers with demonstrated technology innovation and has achieved alliance and development milestones.