Long term license agreement

Sensocure AS, Horten and ExoStat Medical, Inc., Prior Lake, Minnesota, have made an agreement on a long-term technology license agreement relating to an electronic sensor that measures partial pressure COs (pCO2) in oral mucosal tissue. The sensor will constitute an essential component of a new non-invasive device developed to measure tissue hypoperfusion and the possible onset of sepsis (“blood poisoning”). Sepsis is a medical condition that claims millions of lives each year, represents enormous medical expense, and is presently the 10th most frequent cause of death in the U.S. The sensor is part of the MicroStat System and will be owned by ExoStat.