MEDITE Receives China FDA Approval for “SureThin” Preservative Solution

ORLANDO, FL / ACCESSWIRE / June 13, 2016 / MEDITE Cancer Diagnostics, Inc., (OTCQB: MDIT, the “Company”) specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces that UNIC Medical, the Company’s Chinese distribution partner received May 31, 2016 China FDA approval as a Class I in vitro diagnostic reagent for MEDITE’s “SureThin” cell preservation solution.

“As China adapts Cytopathology standards across the country, we expect ‘Liquid Based Cytology Tests (LBC)’ will be used for the majority of Pap collections for cervical cancer screening. We are prepared to sell the complete SureThin products including the already approved Processor to this potential market of 485 million women between the ages of 16 and 64 years of age,” stated Michaela Ott, CEO of MEDITE.

“MEDITE’s brand name for Histology and Cytology products, associated with German engineering and manufacturing is well known throughout China. As a result, we are excited to commence selling MEDITE’s cytology products,” stated Dr. Zhongxi Zheng, CEO of UNIC Medical a division of UNIC Technologies of China. Dr. Zheng owns 5.2% of Medite Cancer Diagnostics, Inc.

About MEDITE Cancer Diagnostics, Inc.

MEDITE Cancer Diagnostics Inc., is a Delaware registered company consisting of wholly-own MEDITE GmbH a Germany-based company with its subsidiaries. On April 3, 2014, MEDITE was acquired by former CytoCore, Inc. a biomolecular diagnostics company engaged in the design, development, and commercialization of cost-effective cancer screening systems and Biomarkers to assist in the early detection of cancer. By acquiring MEDITE the company changed from solely research operations to an operating company with a well-developed infrastructure, over 80 employees in four countries, a distribution network to about 70 countries worldwide, a well-known and established brand name and a wide range of products for anatomic pathology, histology and cytology laboratories.

Forward Looking Statement

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward -looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause our actual results to differ from our expectations, include but are not limited to, MEDITE’s ability to maintain and grow its revenues. Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof.

For more information please visit: www.medite-group.com.

Investor Contact:

Robert McCullough, Jr. CFO
Phone: 407 996 9630

SOURCE: MEDITE Cancer Diagnostics, Inc.

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