Denver, CO September 22, 2008 -- The Colorado BioScience Association (CBSA), Colorado Springs Economic Development Corporation and CEA Technologies, Inc. are joining forces to promote the State's burgeoning bioscience industry at the AdvaMed 2008 MedTech Conference in Washington, D.C., September 21-24. The announcement is made by Christine Shapard, Deputy Director of CBSA.

"The medical device industry is fast becoming a growth industry for the Colorado Springs region. We are excited to partner with the Colorado BioScience Association and CEA Technologies, Inc. to make more companies aware of the advantages of locating their facilities in our community," commented Dave White, Executive Vice President, Marketing, for the Colorado Springs Economic Development Corporation.

Participation in this premier event for medical device manufacturers will showcase CEA Technologies, Inc., a leader in the contract design and manufacture of disposable and reusable electromechanical devices used in critical care applications for Fortune 20 medical device companies.

The value added resource of CEA Global Dominican has enhanced the ability of this fast-growing company to transfer products from low volume production to high volume production in the Dominican Republic taking advantage of several key cost saving incentives. This global business strategy will stimulate substantial growth of new contract product design and development work at CEA Technologies in Colorado Springs resulting in increased revenue and employment.

"The State of Colorado, the City of Colorado Springs and CEA Technologies are proven in their ability to exceed the expectations of the medical device industry," commented Steve Wychulis, Director of Corporate Development, CEA Technologies, Inc. "This collaborative environment provides an atmosphere focused on enhancing and defending the value propositions of our bioscience community."

Colorado's bioscience sector has seen a twenty-eight percent growth over the past five years from 330 companies to 460 bioscience companies necessitating the formation of a new Colorado Springs chapter of the Colorado BioScience Association. Colorado is home to 200 medical device companies within this sector, 20 being located in the Pikes Peak region.

About Colorado BioScience Association

CBSA is a not-for-profit corporation providing services and support for Colorado's growing biosciences industry. With more than 400 members, the CBSA actively works to promote the growth of the industry by advocating for a better business environment, by promoting programs that grow the state's bioscience workforce, by fighting for policies that support a strong bioscience industry in the state and by speaking with a single voice on behalf of the companies in the state. For more information, visit http://www.cobioscience.com.

About the Colorado Springs Economic Development Corporation

The Colorado Springs Economic Development Corporation is a privately-funded organization whose sole purpose is to provide primary employers with complementary, comprehensive relocation and expansion services. For more information, visit http://www.coloradosprings.org.

About CEA Technologies, Inc.

CEA Technologies, Inc. and CEA Global, Inc. have been providing product development and complete product assembly and packaging services to the medical industry for over 18 years. The company has a proven track record with the Fortune 20 Medical Device companies in designing and manufacturing disposable and reusable electromechanical devices used in critical care applications. For more information, visit http://www.ceatechnologies.com.

Contacts:

Christine Shapard, Colorado BioScience Association - 303-592-4089

Maggie Chamberlin Holben, APR, Absolutely PR - http://www.absolutelypr.com - 303-984-9801

Steve Wychulis, CEA Technologies, Inc. - (719) 433-4650

Dave White, Colorado Springs Economic Development Corporation - (719) 291-9377