DGAP-News

CVR Entered Into Agreements with Tekna, Inc.

DGAP-News: CVR Medical Corp. / Key word(s): Miscellaneous
CVR Entered Into Agreements with Tekna, Inc.

02.11.2016 / 13:30
The issuer is solely responsible for the content of this announcement.

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Vancouver, British Columbia--(Newsfile Corp. - November 2, 2016) - CVR
Medical Corp. (TSXV: CVM) ('CVR Medical') has entered into agreements with
Tekna Incorporated, who will design and manufacture the cart for its
'Carotid Stenotic Scan' (CSS) device.

Tekna, Inc. is a Southwest Michigan-based product development firm and ISO
13485 certified medical device manufacturer. Its diverse list of clients
includes some of the most well known brands in contemporary technology.
From their dual state-of-the-art facilities, they provide
concept-to-distribution solutions that will help ensure full realization of
CVR Global and CVR Medical's groundbreaking instrument. The relationship
marks a pivotal step in that process, and is a source of great confidence
and excitement for both companies.

Tekna, Inc. Vice President Mike Rozewicz states, 'As a design-focused
organization with over 30 years of experience with medical devices, we
really aim to impact peoples' lives. We pride ourselves on having
capabilities not found anywhere else in the U.S., especially in the
clinical environment, where we have developed over 400 products. We are
thrilled to work with CVR on a project that we believe will have a profound
effect on stenosis and stroke prevention.'

Tekna's core competencies of engineering and logistical management are
rooted in a history of award-winning cart design and prototype pilot
testing to meet FDA standards. CVR will leverage these capabilities, along
with Tekna's unique in-house branding services, to prepare a clear path to
commercialization of the CSS device.

For additional information on the organization, leadership, and current
news please visit the newly launched company website www.CVRMed.com

About CVR Medical

CVR Medical is a company that is involved in an equal parts joint venture
with CVR Global Inc. (the 'Joint Venture'). The Joint Venture operates in
the medical industry focused on the commercialization of a proprietary
subsonic, infrasonic, and low frequency sound wave analysis technology and
has patents to a diagnostic device designed to detect and measure carotid
arterial stenosis. CVR Medical is managed by a proven technical team. CVR
Medical trades on the TSX Venture Exchange under the symbol CVM.

ON BEHALF OF THE BOARD:
(signed) 'Peter Bakema'
CEO, President & Director

For further information contact: