Mr. Rob Fia reports

THERMA BRIGHT INC. ANNOUNCES SHARE CONSOLIDATION

Subject to the approval of the TSX Venture Exchange, Therma Bright Inc. will be undertaking a consolidation of its common shares on the basis of eight preconsolidation common shares for one postconsolidation common share. The company expects that the consolidation will provide the company with increased flexibility in structuring and completing financings and potential business transactions.

No fractional common shares will be issued, and fractions of less than one-half share will be cancelled and fractions of at least one-half of a share will be converted to a whole common share. Outstanding options, warrants and other rights to acquire common shares will likewise be adjusted for the consolidation.

The company currently has 451,632,147 common shares outstanding and, accordingly, expects 56,454,018 common shares to be outstanding on completion of the consolidation (subject to rounding adjustments and any further share issuances prior to the consolidation). The company does not expect to change its name or trading symbol in conjunction with the consolidation.

The consolidation has been approved by the board of directors, pursuant to the company's articles of incorporation, which empower the board to effect share consolidations of up to 1:10 without shareholder approval. The company confirms that this is the only share consolidation conducted within the past 24 months and the cumulative consolidation ratio does not exceed 1:10, in compliance with TSX-V Policy 5.8.

About Therma Bright Inc.

Therma Bright develops and partners on cutting-edge diagnostic and medical device technologies that address key health care challenges.

We seek Safe Harbor.