AcuNetx Beefs Up 'Balance Project'; Signs Letter of Intent with Developer of BioMotion...

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Tue Jan 22, 2008 9:30am EST

AcuNetx Beefs Up 'Balance Project'; Signs Letter of Intent with Developer of BioMotion Technology

TORRANCE, Calif.--(Business Wire)--AcuNetx, Inc. (OTCBB:ANTX) announced today that it has signed a
Letter of Intent with Applied Technology Holdings (ATH,
www.appliedtechnologyholdings.com) of Laguna Beach, California, to
market ATH's proprietary BioMotion Sensors to healthcare professionals
who deal with or focus on balance- and fall-related issues. The
sensors will be incorporated into a turn-key package and sold through
IntelliNetx, an AcuNetx operating unit.

   "ATH's proprietary sensor technology is an ideal complement to the
products we have assembled. It permits us to provide our customers
with the very best balance program available...anywhere," said Ron
Waldorf, CEO of AcuNetx. "ATH's sensors represent a simple, low-cost
approach to evaluating a patient's walking patterns. Equally
important, they will give us a clear competitive advantage as the
company's 'Balance Project' evolves into a full-service, turn-key
program."

   A staggering $19 billion a year is spent on imbalance. It is one
of the most common complaints of patients and is the cause of 14,000
deaths of people over 65 years of age annually (Note: The number of
people 65 years of age or older is projected to double in the next
twenty years). According to government data, a reduction of hip
fractures and/or hip replacements by a mere 5% would result in a
savings of $1 billion a year to Medicare, Medicaid and private
insurers.

   The importance of this health issue has not been lost on Congress.
Indeed, it is being addressed by the Safety of Seniors Act of 2007
(http://www.govtrack.us/congress/bill.xpd?bill=s110-845) sponsored by
Sen. Enzi (WY) and Co-Sponsored by Senators Hatch (UT), Kennedy (MA),
Kohl (WI) and Mikulski (MD). The bill recently passed the Senate on a
unanimous vote, and is now in the House of Representative's Committee
on Energy and Commerce.

   Commenting on the deal, Patrick Dunn, President of Applied
Technology Holdings, Medical Technology Group remarked: "We are
excited about the impact that ATH's BioMotion technology will have on
AcuNetx's optimization of balance assessment and rehabilitation. By
working together, we are helping to create treatment and therapy that
will address a very critical need for this significant healthcare
dilemma."

   About AcuNetx, Inc.

   AcuNetx markets a diverse line of diagnostic, analytical and
therapeutic tools designed to meet a variety of medical (audiologist,
neurologists, otolaryngologists and physical therapists as well as
hospitals, clinics, and extended care facilities) and law enforcement
applications. AcuNetx is headquartered in Torrance. For more
information concerning AcuNetx and its subsidiaries, please visit
www.acunetx.com.

G.M. Astor & Associates
J. Astor, 818-788-4346
E-Mail: info@acunetx.com

Copyright Business Wire 2008
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