Critical Outcome Technologies Inc. Announces the Issuance of Stock Options

LONDON, ONTARIO -- (MARKET WIRE) -- March 28, 2007 -- Critical Outcome Technologies Inc. (TSX VENTURE: COT) announces today, under the Company’s Stock Option Plan, that the Board of Directors approved the granting of 150,000 stock options on Monday March 26, 2007 to its Chairman exercisable at a price of $1.35 per share, which stock options vested immediately. The exercise price represents the closing price of the Company’s common shares on March 23, 2007, as reported on the TSX Venture Exchange.