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ANTEOTECH LTD AGM Information 2011

Oct 23, 2011

64304_rns_2011-10-23_722b0716-3807-45fa-a14a-232b9b74f9da.pdf

AGM Information

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Anteo Diagnostics (ASX:ADO) FY2011 Annual General Meeting (AGM)

Better Binding - Faster Dr. Geoff Cumming - CEO Monday 24 October, 2011

CEO’s Address – Dr Geoff Cumming

  • A year of significant progress for Anteo

  • An experienced and capable Board of Directors now in place

    • Appointments of Ms Sandra Anderson & Mr Mark Bouris
  • Highly experienced management and technical team – Dr Joe Maeji, Dr Nevin Abernethy, Dr Tina Baumgartner

  • Anteo is financially strong – cash on hand (As at 30 June 2011) $6.85m – Well funded to the end of calendar year 2013, excluding any future revenues

  • The platform is now in place to realise the value of the Mix&Go™ technology

  • We are grateful for the continued support from our shareholders

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CEO’s Address - Dr Geoff Cumming

FY2011 Highlights

  • July 2010 – ADO announces agreed terms with Merck Chimie SAS

  • February 2011 – ADO raises $5.1m from existing shareholders through option conversion

  • February 2011 – Bangs Laboratories launches second product using Mix&Go™

  • March 2011 – European Patent Office confirms intention to grant the ‘Generation of Surface Coating Diversity’ patent for Mix&Go™

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CEO’s Address - Dr. Geoff Cumming

A snapshot of the Mix&Go™ Technology

  • ADO has developed Mix&Go™ – a molecular ‘glue’ that significantly improves pathology tests

  • Mix&Go™ is a novel ‘glue’ - like a two sided velcro

  • Mix&Go™ technology results in earlier detection of disease (more treatment options) OR less expensive test manufacture (less antibody used)

  • Mix&Go™ is proven and already licensed to two major healthcare companies – Bangs Laboratories and Merck

  • Potential to access numerous and large healthcare segments – pathology (IVD), research, point of care diagnostics, immunoprecipitation

  • Mix&Go™ has a solid pipeline of opportunity – over 60 global healthcare companies are currently assessing Mix&Go™ in-house for use/licensing

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CEO’s Address - Dr Geoff Cumming

Anteo’s Short Term Value Drivers In Vitro Diagnostics (IVD) Market

  • Global leading IVD companies currently undertaking real time stability testing and associated studies for Mix&Go™

  • The IVD market is valued at $10 billion per annum

Research & Development (R&D)

  • Currently 2-3 healthcare R&D companies actively considering Mix&Go™

  • Short term revenue opportunities as R&D companies take less time on approval processes

  • ADO pushing into new areas of research, including the effective use of microtitre plates

  • ADO currently researching our ability to improve the efficacy of multiplexing - multiple tests from a single bead

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A strong start to FY2012

  • Appointment of highly experienced Non-Executive Chairman

  • Recently hired three new Scientists

  • Continued growth of pipeline of opportunities

  • Anteo is in excellent shape and well positioned for the year ahead

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Shareholder Questions

Dr. Geoff Cumming Chief Executive Officer Anteo Diagnostics Limited Tel: +61 2 8823 3110

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