Arrayit and BioSystems International to Produce New Approach for Identifying Diseases

SUNNYVALE, CA–Oct 7, 2008 — Integrated Media Holdings, Inc. (OTC BB:IMHI.OB – News) announced today that its wholly owned subsidiary, TeleChem International, Inc. doing business as Arrayit Company, has entered into an exclusive agreement with BioSystems International SAS for the supply and license rights to produce state-of-the-art microarrays featuring antibodies that identify proteins uniquely expressed in human plasma. The Human Plasma Proteome Microarray may lead to exciting new clinical applications in human disease diagnostics.

Ms. Rene Schena, CEO of Arrayit, stated, “This unique approach of using novel antibodies to detect human plasma proteins will speed the research and identification of biomarkers for early-stage disease diagnostics. The agreement provides our companies an instant opportunity to participate in the research market and ultimately in the multi-billion dollar diagnostics industry.” Mr. Jean-Pierre Tirouflet, CEO of BioSystems International, explained, “BSI is eager to license its PlasmaScan(TM) antibody libraries as a first step to developing global proteomics profiling tools for biomarker research enabling the identification and characterization of human disease states.” “This first step provides scientists in the proteomics industry and academia with tools that will be as useful as DNA microarrays are in gene-expression profiling,” added Laszlo Takacs, BSI’s CSO.

This agreement, pursuant to a letter of intent entered into on July 10, 2008, allows for the research, development, commercialization and marketing of the first global human proteome profiling microarray. Each party will contribute its own cash to fund the R&D startup, and will eventually share the revenues. The first microarrays will be available in the next quarter.

BSI will provide Normal Human Plasma Profiling Monoclonal Antibodies. Arrayit will use its proprietary microarray manufacturing technology to print these antibodies onto glass slides, and will market the microarrays through the company’s existing network of world-wide marketing partners.