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Dresner Partners Advises Haemoscope in Divestiture of its TEG® Thrombelastograph® Hemostasis Analyzer Business

CHICAGO – November 20, 2007 – Dresner Partners, a leading NASD middle-market investment bank, announced today that it acted as exclusive financial advisor to Haemoscope Corporation in the divestiture of its TEG® Thrombelastograph® Hemostasis Analyzer business.  Late last month, Haemonetics Corporation announced its intent to acquire the TEG business from Haemoscope for $44 million in cash.  The acquisition closed today.
Haemoscope Corporation is a provider of blood hemostasis monitoring systems.  The TEG system can predict a patient's risk of bleeding and thrombotic complications.  With this knowledge, surgeons can plan a patient's treatment to support the best possible clinical outcome.  Improved clinical outcomes can lead to lower hospital costs through reduced transfusion and related adverse effects, as well as shorter ICU and hospital stays.

Eli Cohen, Haemoscope's Chairman and CEO, said, "The Dresner team recognized the shareholder value that could be unlocked through the sale of the TEG business to a strategic partner.  The team structured a transaction that was in the best interests of Haemoscope’s employees, customers and shareholders."

“Advising Haemoscope in this transaction exemplifies the capabilities of our rapidly growing health care practice,” said Steven M. Dresner, president of Dresner Partners.  “The principals of Haemoscope, Eli Cohen and Gabe Raviv, have been important clients of our firm.  This transaction represents a significant milestone for the shareholders of Haemoscope, while also providing a strong foundation for the development of exciting new generations of product in the hemostasis marketplace.”  

About Dresner Partners

Dresner Partners is a NASD-registered, middle-market investment bank based in Chicago, Illinois.  Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the United States, including institutional private placements of debt and equity, merger & acquisition advisory, and valuation and strategic consulting.  Its affiliate company, Dresner Corporate Services, is a strategic communications firm specializing in investor and public relations.  More information is available via the Internet at www.dresnerpartners.com

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David Gutierrez, Dresner Corporate Services, 312.780.7240, dgutierrez@dresnerco.com