To: average joe who wrote (126 ) 5/23/2004 12:54:57 PM From: Tadsamillionaire Respond to of 347 GenoMed Signs Genotyping Contract with Genome Quebec MONTREAL and ST. LOUIS, May 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- The McGill University and Genome Quebec Innovation Centre has announced the signing of a service agreement with GenoMed (Pink Sheets: GMED), a U.S. company located in St. Louis, Missouri that specializes in using genomics to practice better medicine. The Illumina genotyping solution drove this contract win for Quebec. The McGill University and Genome Quebec Innovation Centre is one of the rare centres in the world to have integrated this exclusive technology. Said David Moskowitz, Chairman and CEO of GenoMed, "Our genotyping consists of two stages: screening a very large number of SNPs, and validating a smaller number of them. Only Illumina's genotyping technology lets us screen tens of thousands of SNPs simultaneously. We think we've gotten literally the best deal in the world by having the Montreal Genome Centre perform this large-scale screening project." In the words of Paul L'Archeveque, President and CEO of Genome Quebec, "This service agreement clearly illustrates the organization's desire to make scientific research more credible by creating a favorable, attractive environment that will make Quebec a centre of research excellence." Its reputation, expertise and high-quality services mean that the McGill University and Genome Quebec Innovation Centre can attract clients from Quebec, the rest of Canada, New England and elsewhere across the U.S. About Genome Quebec Genome Quebec was created to make Quebec a member of the privileged ranks of international leaders in genomics and proteomics research. In combining considerable financial resources with a system for managing major research projects, Genome Quebec represents a new development model that makes it especially possible to support the best teams of researchers from academic, industrial and government settings. Its mission is to mobilize the research and business sectors to continue growing Quebec's presence and role in the life sciences sector. Genome Quebec manages a portfolio worth some $220 million. About GenoMed GenoMed is leading the clinical revolution which medical genomics already makes possible. GenoMed is a Next Generation Disease Management(TM) company whose mission is to improve patient outcomes by identifying the genetic pathways that cause disease. GenoMed has published the only paper in the medical literature showing that regression (prevention) of kidney failure due to high blood pressure and diabetes can be achieved. High blood pressure and diabetes affect 80 million Americans. Safe Harbor Statement This press release contains forward looking statements, including those statements pertaining to GenoMed, Inc.'s (the Company's) finances and treatments. The words or phrases "ought to," "should," "could," "may," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward looking statements as a result of a number of risks and uncertainties, including but not limited to: (a) whether our research and development is fully funded; and (b) our research and development being subject to other economic, regulatory, governmental, and technological factors. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, we specifically disclaim any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. SOURCE GenoMed CONTACT: Marie-Kym Brisson, Director, Communications and Public Relations of Genome Quebec, +1-514-398-0668, mkbrisson@genomequebec.ca , or David W. Moskowitz, MD, CEO of GenoMed, Inc., +1-314-977-0115, dwmoskowitz@genomedics.com URL: genomedics.com prnewswire.com pinksheets.com