ContextVision update on strategic process

ContextVision has previously announced that there is an ongoing process to evaluate a merger or other strategic opportunity, managed by Nomura Code Securities, a leading European Healthcare Investment Bank. In the Company’s Q4 2009 report, it was stated that an announcement on the outcome of this process was expected by the end of first quarter 2010. ContextVision now wishes to announce that whilst the process is progressing it will not be able to announce its conclusion by the end of this month. The Company will make a further announcement as soon as possible.