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HTG-Ventrex, Signalife's Contract Manufacturer, Acquired by Parker Hannifin Corporation

Tuesday, April 29, 2008 General News
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GREENVILLE, S.C., April 28 Signalife, Inc.(Amex: SGN) announced today that its contract manufacturer, Ventrex Inc.,Ventura, CA, acquired by the Hi-Tech Group in September 2007, has beenacquired by Parker Hannifin Corporation (NYSE: PH), Cleveland, OH as part ofthe Parker Hannifin strategic entry into the medical device manufacturingindustry. The Hi-Tech Group, a 2007 Medical Design Excellence Award winner,combines the strength of Ventrex with other engineering, molding, assembly andplastics companies expanding its technical service offering to Signalife andthe medical device industry. Signalife is pleased to have chosen Ventrex,Inc., a highly responsive and capable full service medical device contractmanufacturer with ISO 13485 certification and FDA registration, as itscontract manufacturer. With a broad array of process capabilities, foremostattention to quality, total responsiveness, and highly efficient operation,Ventrex offers superior value in medical device contract manufacturingservices.
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Dr. Budimir S. Drakulic, Signalife's Chief Technology Officer commented:"This acquisition is very important for Signalife's manufacturingcapabilities. We have a great business relationship with HTG-Ventrex and areglad that they are now part of Medical Systems Division of Parker's SealGroup. Ventrex, Hi-Tech, and now Parker Hannifin remain totally committed toSignalife and its product's success."
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About Signalife

Signalife, Inc. is a life sciences company focused on the monitoring,detection and prevention of disease through continuous biomedical signalmonitoring. Signalife uses its patented signal technology to design anddevelop medical devices, therapies and/or technologies that simplify andreduce the costs of cardiovascular disease.

Signalife, Inc. is traded on the American Stock Exchange under the symbolSGN. More information is located at www.signalife.com. Clear Data. TrustedResults.

Caution Regarding Forward-Looking Statements

Statements in this release that are not strictly historical are "forward-looking" statements. Forward-looking statements involve known and unknownrisks, which may cause Signalife's actual results in the future to differmaterially from expected results. Factors which could cause or contribute tosuch differences include, but are not limited to, failure to complete thedevelopment and introduction of heart monitoring and other biomedical devicesincorporating Signalife's technology, failure to obtain federal or state orgovernmental or international regulatory approvals governing heart monitoringand other biomedical devices incorporating Signalife's technology, failure toobtain import and export capabilities in the various countries containingbuyers and resellers and hospitals and clinics and doctors for the Signalifedevices, inability to obtain physician, patient or insurance acceptance of forheart monitoring and other biomedical incorporating Signalife's technology,and the unavailability of financing to complete management's plans andobjectives, including the development of heart monitoring and other biomedicalincorporating Signalife's technology. These risks are qualified in theirentirety by cautionary language and risk factors set forth and to be furtherdescribed in Signalife's filings with the Securities and Exchange Commission.

SOURCE Signalife, Inc.
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