November 30th 2007 - Nanoscience is pleased to announce that its wholly owned subsidiary, Toumaz Technology Limited (‘Toumaz’), has entered into a Strategic Development and Distribution Alliance (the ‘Alliance’) with a leading global medical devices business (the ‘Strategic Partner’). Through the Alliance it is intended that the two parties will develop agreed solutions, incorporating Toumaz’s Amx™ technology and its Sensium platform, that will be sold into global healthcare markets with the objective of becoming global leaders in handheld and body worn wireless diagnostic and monitoring products. It is envisaged that these next generation monitoring products will be disposable, non invasive and capable of providing real time critical vital sign information. From the inception of the Alliance Toumaz will receive funds from its Strategic Partner for further development work.
