MonoGen Inc. Announces Financial Results for the Three-Month Period Ended March 31, 2007 and Quarterly Teleconference for Tuesday, May 15, 2007

MonoGen, Inc., (“Corporation”) (TSX:MOG) today announced the results of its unaudited interim consolidated financial statements for the three-month period ended March 31, 2007. The unaudited interim consolidated financial statements, including management’s discussion and analysis (“MD&A”) of the results will be filed with SEDAR (www.sedar.com).

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