Spectrum Dynamics Announces New Financing Allowing Expansion Into Key Markets and New Product Development

ORANGEBURG, N.Y., April 20, 2009 (GLOBE NEWSWIRE) -- Spectrum Dynamics
announced today that it has recently closed on a round of new financing. The
financing came from institutional and private investors, and will provide the
necessary capital to realize both its short and long term strategic plans. 

"This new capital, coupled with the recent approvals to sell the D-SPECT in
Canada and Europe will provide Spectrum with a significant platform for
growth," stated James Haisler, CEO of Spectrum Dynamics. 

"Spectrum Dynamics has primarily focused on only a small component of the U.S.
market with a very specific product. Having these funds will allow the company
to increase its sales footprint both in and outside the U.S. as well as bring
new products to market that will appeal to a broader range of customers," said
Josh Gurewitz, VP of Sales and Marketing. 

For more information about the D-SPECT, please visit Spectrum Dynamics at booth
#512 at the upcoming Society of Nuclear Medicine annual meeting or online at
www.spectrum-dynamics.com. 

About Spectrum Dynamics 

Spectrum Dynamics, with offices in New York, California and research and
development facilities in Haifa, Israel, is a pioneering medical device company
focused on personalized molecular imaging and applications. Spectrum Dynamics
will revolutionize the practice of nuclear cardiology, and eventually all
nuclear medicine applications, by dramatically enhancing workflow and providing
new clinical applications not possible with conventional technology. Additional
information can be found at www.spectrum-dynamics.com. 

Forward-Looking Statements 

This press release contains forward-looking statements about Spectrum Dynamics,
including projections about its business and the nuclear medicine market. These
forward looking statements are not guarantees of future performance and actual
results could differ. 

CONTACT:  Spectrum Dynamics
          Josh Gurewitz, Vice President of Sales and Marketing
          (925) 831-0515
          JoshG@spectrum-dynamics.com