Correction to Press Release Dated January 31, 2008: Inverness Medical Innovations to Participate at 2008 Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference on February 5, 2008

WALTHAM, Mass., Feb. 1 Inverness MedicalInnovations, Inc. (Amex: IMA) announced today the following correction to itspress release dated January 31, 2008 and entitled "Inverness MedicalInnovations to Participate at 2008 Merrill Lynch Global Pharmaceutical,Biotechnology and Medical Device Conference on February 5, 2008." The pressrelease incorrectly stated the time of the Company's presentation. Thecorrect time of the presentation is Tuesday, February 5, 2008 at 8:40 a.m.

By developing new capabilities in near-patient diagnosis, monitoring andhealth management, Inverness Medical Innovations enables individuals to takecharge of improving their health and quality of life. A global leader inrapid point-of-care diagnostics, Inverness' products, as well as its newproduct development efforts, focus on infectious disease, cardiology,oncology, drugs of abuse and women's health. Inverness is headquartered inWaltham, Massachusetts.

SOURCE Inverness Medical Innovations, Inc.

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