Biosign Technologies Inc. announced the restatement of the engagement of Mr. Peter Hamilton: With respect to the previously announced appointment of Mr. Peter Hamilton to the position of Executive Vice President of Business Development of the company on December 21, 2012, due to a revision in the company's restructuring plan, Mr. Hamilton's relationship with the company has been changed. Rosseau Consulting Inc., of which Mr. Hamilton is an employee, has been retained as a consultant to provide business development services to the company. As part of such services, Mr. Hamilton will assist in the provision of such services with the title of Business Development Consultant.

As a result, Mr. Hamilton is not an executive or employee of the company and his relationship to the company is that of an independent consultant. The company announced the resignation of director Mr. Zoheb Rizvi, effective immediately. Mr. Rizvi is the General Manager of Markham, Ontario based Prospec Specialties Inc., and is leaving the board to devote his time to growing that company.