LONDON, ONTARIO -- (MARKET WIRE) -- January 18, 2007 -- Critical Outcome Technologies Inc. (TSX VENTURE: COT) announces today, under the Company's Stock Option Plan, the Board of Directors approved the granting of 50,000 stock options to senior management exercisable at a price of $0.70 per share for a period of 5 years from the date of the grant. One-sixth of these stock options vest immediately and one-sixth vest every six months until complete vesting on July 17, 2009. The exercise price represents the closing price of the Company's common shares on January 11, 2007, as reported on the TSX Venture Exchange.