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GeneNews Announces Election of Directors

May 13, 2015 10:30 AM EDT

TORONTO, May 13, 2015 (GLOBE NEWSWIRE) -- GeneNews Limited (TSX: GEN) ("GeneNews" or the "Company") today announced that all of the nominee directors listed in the Company's management information circular dated April 8, 2015, were elected as directors of the Company. The vote was conducted at the Company's annual and special meeting of shareholders held on May 12, 2015. The results of the vote are set out below:

  Nominee Votes For Votes Withheld Percentage of Votes For Percentage of Votes Withheld
James Howard-Tripp               17,991,601 7,300 99.96 0.04
Rory Riggs 17,995,901 3,000 99.98 0.02
Heiner Dreismann 17,998,901 6,000 99.97 0.03
Harry Glorikian 17,992,901 3,000 99.98 0.02
Garth MacRae 17,994,601 4,300 99.98 0.02
Leslie Auld 17,992,901 6,000 97.97 0.03
Floyd C. Dent III 17,995,901 3,000 99.98 0.02

About GeneNews

GeneNews is focused on developing and commercializing proprietary molecular diagnostic tests for the early detection of diseases and personalized health management, with a primary focus on cancer-related indications. The Company's lead product, ColonSentry®, is the world's first blood test to assess an individual's current risk for colorectal cancer. In 2013, GeneNews created a U.S. joint venture, Innovative Diagnostic Laboratory, LLP ("IDL"), that it is committed to help become a leader in molecular diagnostics and personalized medicine, serving as a strong commercialization outlet for advanced cancer tests. Taking a multi-view approach to the diagnosis and treatment of cancer, IDL is working to assemble, through a combination of internal pipeline development, third-party licenses and potential acquisitions, a robust menu of novel, proprietary tests to be offered by it throughout the United States. GeneNews' common shares trade on the Toronto Stock Exchange under the symbol 'GEN'. More information on GeneNews and IDL can be found at www.GeneNews.com and www.MyInnovativeLab.com, respectively.

CONTACT: Company Contact:
         James R. Howard-Tripp
         Executive Chairman
         Office: (905) 209-2030
         [email protected]

         Investor & Media Contact:
         Stephen Kilmer
         Office: (212) 618-6347
         Mobile: (905) 906-6908
         [email protected]

Source: GeneNews Limited


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