LONDON, ONTARIO--(Marketwire - July 17, 2008) - Critical Outcome Technologies Inc. (TSX VENTURE: COT) announced today that the Board of Directors approved the granting of 100,000 stock options to a senior manager of the Company at its Board meeting of July 16, 2008 under the Company’s Stock Option Plan. The options have a life of five years and are exercisable at a price of $1.20 per share with one-sixth of these vesting immediately and one-sixth vesting every six months until complete vesting on January 15, 2011. The exercise price represents the closing price of the Company’s common shares on July 15, 2008, as reported on the TSX Venture Exchange.
