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Innovotech Inc. TSX VENTURE: IOT
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Innovotech Announces Grant of Stock Options
EDMONTON, ALBERTA--(Marketwire - Jan. 27, 2009) - Innovotech Inc. ("Innovotech") (TSX VENTURE:IOT) announces that, in accordance with the policies of the TSX Venture Exchange, the board of directors has approved a grant of stock options to directors and employees of Innovotech to purchase an aggregate of 150,000 common shares at an exercise price of $0.66 per common share pursuant to its stock option plan. The stock options expire five years from the date of grant.
About Innovotech Inc:
Innovotech is a product development company focusing on the development of solutions to medical, agricultural and industrial problems caused by microbial biofilms. Biofilms are protected communities of microorganisms which are very common and very difficult to treat due to their inherent resistance. They have been implicated in a host of devastating infections in agriculture, human health and industry.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Innovotech Inc.Ken Boutilier
President
(780) 448-0585 ext 221
(780) 424-0941 (FAX)
Email: ken.boutilier@innovotech.ca
Website: www.innovotech.ca
