SUWANEE, GA--(Marketwire - December 31, 2007) - Oncologix Tech Inc. (OTCBB: OCLG) announced today that it has been unable to obtain the financing necessary to continue operations after December 31, 2007. Consequently, it is terminating the employment of all of personnel, effective as of that date, including Andrew Green, President, Adam Lowe, VP and COO, and Andrew Kennedy, Medical Officer, who will continue as officers of the Company although not formal employees. The Company anticipates that several of the employees will continue to assist in any continuing activities as independent consultants.
