Allium Partnership

Aortech International PLC 29 November 2007 30 November 2007 AorTech International plc ('AorTech' or the 'Company') First Human Use of Elast-EonTM Polymer in Gastroenterological Implants AorTech International plc (AIM:AOR), the biomaterials and medical device development company, announces the first human use of its proprietary polymer technology Elast-EonTM in gastroenterological implants, with its partner Allium Medical Inc. ('Allium') of Israel. The biliary stent product, which incorporates Allium's novel design which optimises anatomical fit and the highly biostable Elast-Eon polymer, entered its clinical use in Germany earlier this week. This is the first royalty bearing application of Elast-Eon. AorTech's license with Allium-Medical contains provisions for milestone payments for first commercial sale of various stent products and for FDA approval of these products. The market for bulbar, prosthetic and ureteral stents is estimated to be $1 billion and is growing at 9% per year. AorTech believes that the highly efficient and biocompatible nature of this design will prove to be very competitive. In addition, Allium and AorTech today announce the recent receipt of a grant from the joint Australian Victoria/Israeli technology fund for the development of a vascular and non-vascular stent based drug delivery platform. The grant was made on the basis of matching funds from the commercial partner and is of sufficient size to fund the development program through to the pre-clinical phase. Allium and AorTech will own equal parts of any technology that emerges from this collaboration. For further information please contact: AorTech International plc Frank Maguire, Chief Executive Tel: + 1 801 201 4336 Hogarth Partnership Limited Tel: +44 20 7357 9477 Melanie Toyne-Sewell / Sarah Richardson Notes to editors: About AorTech International plc Listed on AIM in London, AorTech International plc wholly owns AorTech Biomaterials based in Melbourne, Australia. AorTech Biomaterials was formed in July 1997 to commercialise a range of medical grade polyurethanes for medical implants developed by the Commonwealth Scientific and Industrial Research Organisation (CSIRO). AorTech's Elast-EonTM technology is the product of a decade of fundamental research into biologically stable materials. ElastEonTM materials are patented, high silicone content, polyurethane copolymers which exhibit unparalleled biological and mechanical performance. AorTech is firmly focused on the development and refinement of this material for the medical community, with the aim of providing a wide range of high performance Elast-EonTM materials in a variety of application specific formulations and densities, for use in medical devices. Visit AorTech's website at: www.aortech.com About Allium Medical, Inc. Founded in 2001, Allium Inc. is a privately owned company founded by Professor Daniel Yachia, an acknowledged urologist and international authority on Urinary System Stenting. The company is incorporated in Delaware and fully owns its R&D subsidiary in Israel: Allium LTD. Visit Allium Medical's website at: www.allium-medical.com This information is provided by RNS The company news service from the London Stock Exchange D MSCQKLFLDFBZFBK
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