Spectros Corporation Reports 2007 Year-Over-Year Sales Rise 36%

PORTOLA VALLEY, Calif., March 31 /PRNewswire/ -- Spectros Corporation
(Portola Valley, CA) reported that 2007 year-over-year sales rose 36%,
reflecting growing acceptance of molecular monitoring in the hospital for a
broadening array of applications and clinical research areas. The Company's
lead product, T-Stat(R), was the first device approved by the FDA as sensitive
to ischemia, a condition in which critical organs receive insufficient oxygen.
"We are pleased that hospitals are now recognizing the benefits of Ischemia
Detection in their clinical practices," notes David Benaron, CEO. Red Herring
recently predicted the market for such products in molecular detection,
molecular imaging, and treatment guidance, will grow to over $12 billion
annually. "We expect significant and continued growth in revenue for the next
several years," noted David Benaron, CEO.
Spectros is currently the leader in real-time noninvasive somatic
molecular monitoring, such as the T-Stat(R) 303 ischemia detection system.
With introduction of probes that monitor in the cranial region, Spectros will
compete directly with cerebral oximetry concerns such as Somanetics, CAS
Medical, and others. Next generation products for the early diagnosis of
breast cancer are entering Phase III trials. (Note: Forward-looking statements
are intended as a guide only, and do not constitute an offer for investment
nor guarantees of future returns. Some applications described above are for
investigation use only, and have not yet been reviewed or approved by the
FDA.)
ABOUT THE COMPANY: Spectros Corporation is a venture-supported private
corporation that makes advanced molecular sensing and imaging devices that
shed light on life-threatening diseases, including ischemia and cancer.
Spectros proprietary medical devices embed state-of-the-art biophotonic
molecular technologies to enable real-time therapies that speed diagnosis,
reduce complications, and lower costs. Spectros is a venture-supported private
concern.
SOURCE Spectros Corporation

David Benaron, CEO at Spectros Corporation, +1-650-851-4040 x236,
info@spectros.com