ThreeFold Sensors One of "Michigan 50 Companies to Watch"

ThreeFold Sensors, an exciting new Michigan point-of-care diagnostic platform developer,
announced that it has been recognized as one of the 2009 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation
and presented by Michigan Celebrates Small Business.

ThreeFold Sensors will be honored at an awards ceremony during the fifth annual Michigan Celebrates Small Business event, April 30 in Lansing, Mich.

“In today’s economy, Companies to Watch has become a real game changer,”
says Penny Lewandowski, director of entrepreneurship development at the Edward
Lowe Foundation, a nonprofit operating foundation based in Michigan. “It changes the
conversation from slow-growth, layoffs and closings, to companies that are expanding,
hiring, and moving beyond traditional markets.”

“Presenters of the Michigan program recognized this potential since its
inaugural year, five years ago,” Lewandowski says. “With a vow to find 50 new
companies to celebrate each year, Michigan 50 Companies to Watch is now 250
strong. These are the companies that sustain Michigan through tough times and are
transforming how the rest of the nation views the state.”

ThreeFold Sensors is preparing to commercialize compact point-of-care medical
diagnostic systems for performing blood tests in hospital emergency departments and
critical care units where rapid, high sensitivity results are critical for saving patient lives.
ThreeFold Sensors’ products include a point-of-care diagnostic test instrument, the
POC-et Lab™, and a family of consumable test cartridges which will provide care
providers, in 6 minutes or less, with clinically accurate measurements of disease
markers in blood at the point of care. Tests under development include rapid and
2 highly sensitive tests for heart attack, heart failure, stroke, sepsis, bacterial pneumonia,
MRSA and more. Because the POC-et Lab™ has greatly improved sensitivity over
existing point-of-care technologies, it will be possible for care providers to diagnose life
threatening conditions and initiate treatment sooner than before. For conditions such
as heart attack or stroke, rapid identification and initiation of treatment significantly
improves prognosis for recovery with reduced physical damage. In addition, the ability
to more rapidly rule-out conditions and allow patients to return home will improve
patient satisfaction, minimize needless hospital stays for observation, streamline
patient processing in emergency departments, and lower hospital costs.

“We are pleased to be a winner of the Michigan 50 Companies to Watch award”
said Richard Farkas CEO of ThreeFold Sensors. “With so much bad news presented
every day, it is rewarding to be part of a Michigan company working hard to make
history by providing a sorely needed medical product that will be made in Michigan,
but that will have world wide reach. Our unique and patented technology and working
diagnostic test platform has aroused the interest of doctors and other health care
professionals. We expect to move forward with finalizing our design, completing
clinical trials and ultimately plan to set up a high technology manufacturing center right
here in Michigan. We are grateful to be selected and join the other significant and
successful companies that have won this award in recent years.”

Companies nominated for the “Michigan 50 Companies to Watch” list must be
second-stage companies, defined as having 6 to 99 full-time-equivalent employees
and generating $750,000 to $50 million in annual revenue or working capital from
investors or grants. In addition, the companies must be privately held and
headquartered in Michigan.

Winners were selected by judges from the banking, economic development,
entrepreneurship development and venture capital communities. Judges evaluated
the nominees’ demonstrated intent and capacity to grow based on one or more of the
following:
• Employee or sales growth.
• Exceptional entrepreneurial leadership.
• Sustainable competitive advantage.
• Other notable factors that showcase the company's success.

Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business.
National City, now part of PNC, is the lead underwriter for Michigan Celebrates Small
Business. Other supporters include Clark Hill PLC, Michigan Economic Development
Corporation, Accident Fund Insurance Company of America, Michigan Certified Development Corporation, IBM and Dynamic Edge.

Michigan Celebrates Small Business is presented in association with the Michigan Economic
Development Corporation, Michigan Small Business & Technology Development Center,
Small Business Association of Michigan, the U.S. Small Business Administration and the
Edward Lowe Foundation.

Information about the 2009 Michigan 50 Companies to Watch program can be found at
http://Michigan.CompaniesToWatch.org.
For information about Michigan Celebrates Small
Business, visit http://MichiganCelebrates.biz.
Additional information about ThreeFold
Sensors may be found at http://www.threefoldsensors.com.