TORONTO--(BUSINESS WIRE)--SQI Diagnostics Inc. (TSX-Venture: SQD), a life sciences company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announced that effective January 09, 2012, they have granted 70,000 stock options to each of David Williams, Paul Mountain, Peter Lea, Eric Schneider, Saied Nadjafi and Peter Winkley and 175,000 stock options to Claude Ricks. All recipients are members of the Board of Directors.
The options were granted at an exercise price of $0.45. Pursuant to the previously approved stock option plan, the options have a term of 5 years and vest over an 18 month period.
About SQI Diagnostics
SQI Diagnostics is a life sciences company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics. The Company’s proprietary microarray tests and fully-automated systems are designed to simplify protein and antibody testing workflow, increase throughput, reduce costs and provide excellent data quality. For more information, please visit www.sqidiagnostics.com
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