Santa Clara, California – March 13, 2012 − Radisens Diagnostics received a prestigious industry award last night recognising them as the best in the biotech field from the Silicon Valley-based Irish Technology Leadership Group (ITLG) at its annual awards dinner in California.

The ITLG shortlisted twenty companies for the awards, competing across five categories, from over 160 pre-screened high-tech startup and early stage companies at a series of workshops across Ireland last November. Chaired by former Intel chief executive Craig Barrett and run by John Hartnett, ITLG now has more than 4,000 members worldwide and forms a global network of Irish and Irish diaspora technology industry executives focused on helping Irish technology companies succeed.

Among the speakers and panellists appearing at the event were: Dr Craig Barrett, the former chairman and chief executive of Intel and current chairman of the ITLG; Roger McNamee, founder of Elevation Partners – the private equity firm where Bono is a partner and which has a significant stake in Facebook; John O’Farrell, partner in Andreessen Horowitz, the venture capital firm founded by Netscape web browser pioneer Marc Andreessen, which is one of the most active funds in the Valley, and Carl Schram, the economist and entrepreneur who is a former chief executive of the Kauffman Foundation.

About Radisens Diagnostics
Radisens Diagnostics, a venture-backed diagnostics company, is breaking new ground in the decentralization of routine blood testing from central reference laboratories into physician offices, outpatient clinics, hospital bedsides and other point-of-care settings. With a finger-prick of blood, this multi-mode diagnostic device will return laboratory-grade results within minutes during a patient’s physician visit.

Radisens’ applications at launch will concentrate on test panels to provide clinical benefits for more efficient chronic disease management. A single sample-to-result analyzer, this IP protected platform will provide a step improvement in blood test performance, and will remove the many anxious days or weeks of waiting for routine blood test results, provide better patient outcomes and introduce much needed efficiencies into healthcare systems worldwide.

About ITLG
Established in October 2007, the ITLG is an independent organization comprised of a number of high-level technology leaders in Silicon Valley who are Irish or Irish-American. The Group includes senior executives from some of the Valley’s leading corporations, each of whom are committed to promoting the technology connection between Ireland and Silicon Valley, and helping Ireland address the challenges of embracing new technology opportunities.

Commercial contact:
Jerry O’Brien
Radisens Diagnostics Ltd
E: info (at) radisens.com
T: +353 21 4868190 / Fax: +353 21 4928909