SQI Diagnostics Inc. announced that it has entered into a new consulting agreement with Looking Glass Capital Consultants ("Looking Glass"), pursuant to which Looking Glass will assist the Company with identifying potential new sources of up to $10 million of equity financing. There can be no assurances as to whether Looking Glass will be successful in assisting the Company with any new financings nor can there be certainty with respect to the terms of any such new financing or financings. The Company will announce additional details relating to any new financing or financings in due course in the event that it is successful in negotiating and entering into definitive documentation relating to same.