Joint venture between IATRA Life Sciences and P2P Health Systems Inc. will not proceed

Toronto 07 June 2004Due to various business and economic factors, IATRA Life Sciences and P2P Health Systems Inc. have agreed not to proceed with the formation of a joint venture to develop and commercialize P2P's diagnostic telehealth and telemedicine technologies. IATRA had announced the signing of a Letter of Intent regarding this proposed joint venture on May 4, 2004.

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IATRA Life Sciences Corporation is a Canadian company dedicated to the acquisition, development and commercialization of promising and unique diagnostic, medical and health-related technologies throughout the world.

The signing of the Letter of Intent with P2P Health Systems Inc. was announced in the VMW June 2004 article IATRA Life Sciences signs Letter of Intent to form joint venture with P2P Health Systems Inc. but now, this operation has been cancelled.


Leslie Versweyveld

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