- Antisuit Motion Denied to Shamsuddin and Med-11 AG - TORONTO, Nov. 21 /PRNewswire-FirstCall/ -- Further to its press release of November 6, 2006, predictive medicine company PreMD Inc. (TSX: PMD; Amex: PME) ("PreMD") today announced that Judge Catherine C. Blake of the United States District Court in Baltimore, Maryland has issued an order refusing to grant a motion by Abulkalam K.M. Shamsuddin ("Shamsuddin") and Med-11 AG preventing PreMD from proceeding with its action in the Ontario Superior Court of Justice in Toronto against Shamsuddin, Med-11 AG and Stuart Brazier. As a result, PreMD's motion for an injunction to prevent what PreMD states is the unlawful termination of its 1998 license agreement with Shamsuddin shall be heard by a Judge of the Ontario Superior Court of Justice in Toronto on December 5, 2006. The license agreement granted an exclusive license by Shamsuddin to PreMD relating to certain intellectual property involving part of PreMD's cancer products, which include ColorectAlert(TM), LungAlert(TM) and a breast cancer test. About PreMD PreMD Inc. is a world leader in predictive medicine, dedicated to developing rapid, non-invasive tests for the early detection of life-threatening diseases. PreMD's cardiovascular products, which are branded as PREVU(x) Skin Sterol Test, are licensed worldwide to McNeil Consumer Healthcare. The company's cancer tests include ColorectAlert(TM), LungAlert(TM) and a breast cancer test. PreMD's head office is located in Toronto, and its research and product development facility is at McMaster University in Hamilton, Ontario. For further information, please visit http://www.premdinc.com/. This press release contains forward-looking statements. These statements involve known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the successful development or marketing of the Company's products, the competitiveness of the Company's products if successfully commercialized, the lack of operating profit and availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, product liability, reliance on third-party manufacturers, the ability of the Company to take advantage of business opportunities, uncertainties related to the regulatory process, and general changes in economic conditions. In addition, while the Company routinely obtains patents for its products and technology, the protection offered by the Company's patents and patent applications may be challenged, invalidated or circumvented by our competitors and there can be no guarantee of our ability to obtain or maintain patent protection for our products or product candidates. Investors should consult the Company's quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned not to rely on these forward-looking statements. PreMD is providing this information as of the date of this press release and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. (x) Trademark DATASOURCE: PreMD Inc. CONTACT: Ron Hosking, Chief Financial Officer, Tel: (416) 222-3449 ext. 24, Email: ; Rhonda Chiger, Rx Communications Group, LLC, Tel: (917) 322-2569, Email:

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