Food Quality Sensor International Inc. Secures $5.6 Million Financing through Eu

The Company's new product, SensorQ(TM), is a smart label appliedby the meat packer to the inside of meat and poultry packages toprovide the consumer with a clear indication of the product'sfreshness. As the product spoils, the bacterial count increases andthe label changes color. Because SensorQ(TM) measures bacterial levelsdirectly and is unaffected by Modified Atmosphere Packaging (MAP)gases, SensorQ(TM) is the consumer's only safeguard to show whetherMAP-packaged meat and poultry is truly fresh or spoiled.

"The SensorQ(TM) technology brings freshness monitoring forconsumers to a new level and promises to make today's industrystandard, the printed sell-by date label, an item of the past," saidDr. Gunnar Weikert, Chairman, CEO and Founder of Inventages VentureCapital Investments, Inc. "FQSI has impressed me with this innovativeproduct and I look forward to our being able to play an active role insupporting the company."

The investment in FQSI provides DSM a window on the market in foodpackaging in the U.S.A. Tony de Vrught, Vice President EBA SpecialtyPackaging, comments: "This is an important milestone for ouractivities in this new market. Next to our investment, FQSI will beone of the companies we will work with to develop intelligentpackaging concepts."

"This cross-border partnership is both timely and extraordinary inits composition," said Marco Bonne, CEO and a founder of FQSI. "Today,when the public is critically concerned with the quality and safety ofits food products and the U.S. Congress is investigating MAPpractices, there's no question that the need for our technology isexpanding explosively. Through this alliance, not only do we acquirethe financial support necessary to bring SensorQ(TM) to market, but wealso gain the opportunity to learn from and leverage the scientificand consumer goods marketing expertise that our partners bring to therelationship."

About Food Quality Sensor International, Inc.

FQSI () was incorporated in 2004, when TheCharles Stark Draper Laboratory, Inc. partnered with key members ofthe Draper sensor technology development team, Navigator TechnologyVentures and Marco Bonne, an entrepreneur and food industry executive,to commercialize its food spoilage sensor technology. In December 2006the Company launched SensorfreshQ(TM), a consumer handheld "electronicnose" that detects meat and poultry spoilage. FQSI develops andcommercializes novel technologies to detect the freshness levels ofperishable foods. The Company is currently in the final stages oftesting and validating SensorQ(TM) and expects to launch the productlater this year. FQSI's headquarters and laboratories are located inLexington, Massachusetts.

About Inventages

Inventages Venture Capital (,) is one of the world's largest venture/privateequity funds specializing in Life Sciences, with more than $1.5billion under management. Inventages' investment focus includesPharmaceuticals, Nutraceuticals, Medical Food, Nutrition,Cosmeceuticals, Innovative Food, as well as Consumer RelationManagement, Processes and novel Packaging technologies. Inventagesoperates out of three offices around the globe: Auckland, Geneva andNassau.

About DSM Venturing

DSM Venturing () is an active investor inemerging companies and Venture Capital Funds in DSM's strategic growthfields of Nutrition, Pharma and Performance Materials. DSM Venturing'smission is to explore emerging markets and technologies in thesestrategic growth fields in order to enhance DSM's product portfolioand create value. DSM Venturing also plays an active role in thedevelopment of several new DSM business opportunities in the emergingbusiness areas of Biomedical, Industrial (White) Biotechnology,Specialty Packaging and Personalized Nutrition.

About Navigator Technology Ventures

NTV () is an early-stage, technology venture capitalfirm that seeks to fund technology-rich start-ups. It is a subsidiaryof The Charles Stark Draper Laboratory, Inc. of Cambridge,Massachusetts, provided the initial startup capital to FQSI and is ledby Alain Hanover.