Critical Outcome Technologies Inc. Announces the Issuance of Stock Options

LONDON, ONTARIO--(Marketwire - June 11, 2008) - Critical Outcome Technologies Inc. (TSX VENTURE: COT) announced today, that at its Board meeting of June 10, 2008 the Board of Directors approved the granting of 335,679 stock options to its eight Directors under the Company’s Stock Option Plan as a retainer for their service on the Board and its committees during fiscal 2008. The options vest immediately, have a life of five years and are exercisable at a price of $0.75 per share. The exercise price represents the closing price of the Company’s common shares on June 9, 2008, as reported on the TSX Venture Exchange.