Athena Feminine Technologies Closes Series A Preferred Financing

EMERYVILLE, Calif.--(Business Wire)--
Athena Feminine Technologies announced today that it has closed a $2 million
Series A Preferred Stock investment from vSpring Capital.

"Athena is very excited to partner with vSpring Capital," said David Berryman,
CEO of Athena."This investment will allow us to greatly accelerate our sales and
marketing efforts, which will allow us to help more women worldwide who suffer
with incontinence."

"Women`s health is a key component of the healthcare market and Athena`s initial
product addresses a problem that will affect one in three women during their
lifetime," said Dinesh Patel, Ph.D., managing director of vSpring. "We
anticipate that our investment will help Athena reach its potential in this
important market."

About Athena Feminine Technologies:

Athena Feminine Technologies, Inc. (www.athenaft.com) develops, produces, and
markets innovative proprietary devices for women`s health. Athena`s first
product, the Athena Pelvic Muscle Trainer (PMT), has been developed for the
treatment and prevention of female incontinence. The product has FDA approval in
the U.S. and CE and ISO Certifications for most of the world.The product
provides effective, non-invasive relief of stress, urge or mixed incontinence,
and can be used in the privacy of the home. The product has been recognized by
two of the most prominent groups involved in consumer and professional
education, the National Association for Continence (NAFC) and the National
Association of Nurse Practitioners in Women`s Health (NPWH).

APL Capital Advisors (www.APLcapital.com) acted as Athena`s financial advisor in
the transaction.

About vSpring Capital:

vSpring Capital (www.vspring.com) is an early-stage venture capital firm with
approximately $400 million under management. With offices in Utah and New
Mexico, vSpring invests in information technology and life science companies
that have the potential to transform their markets and create lasting value.

Athena Feminine Technologies, Inc.
David Berryman, CEO, 866-308-4436
dberryman@athenaft.com
www.athenaft.com

Copyright Business Wire 2009