N@N

DIAGNOS Announces the Closing of a Private Placement of $1,200,000

^{Published on 2009-11-16 07:18:08 - Market Wire}
 

BROSSARD, QUEBEC--(Marketwire - Nov. 16, 2009) - DIAGNOS inc. ("DIAGNOS" or "the Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence and advanced knowledge extraction techniques, announces that it closed a private placement on November 9th, 2009 consisting of 6,000,000 units ("Units") issued at $0.20 per Unit, for gross proceeds of $1,200,000.

Each Unit comprises one Common Share and one-half of a Common Share purchase warrant (each full warrant, a "Warrant"). Each Warrant will entitle its holder to acquire one Common Share at a price of $0.30 at any time during the 24 months following the closing date. The issued securities are subject to a 4-month hold period and other requirements set by the TSX Venture Exchange.

About DIAGNOS

Founded in 1998, DIAGNOS is a publicly traded Canadian corporation (TSX VENTURE:ADK), with a mission to commercialize technologies combining contextual imaging and traditional data mining thereby improving decision making processes. DIAGNOS offers products, services, and solutions to clients in a variety of fields including healthcare, natural resources, and entertainment.

For further information, please visit our website at [ www.diagnos.com ] or the SEDAR website at [ www.sedar.com ].

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.