SpectraScience, Inc. announced that it has established a distribution partnership for the Greek and Cyprus markets through M.S. Jacovides Hellas S.A. Michel Vaudry, SpectraScience's VP Sales and Marketing, commented, "We are pleased to add another distribution partner in Europe. M.S. Jacovides is a respected and well-established medical distribution company and its decision to add the WavSTAT Optical Biopsy System to their portfolio is a strong validation of our technology. M.S. Jacovides was established in 1944 in Greece and currently has approximately euros 220 million in annual sales and over 300 employees." M.S. Jacovides Hellas' President & Managing Director, Aris Jacovides, stated, "We are pleased to be SpectraScience's distribution partner and believe there is significant market potential for this innovative GI cancer diagnostic system. We see important benefits to our physicians, enabling them to quickly distinguish between normal and precancerous tissue in the GI tract and allowing for physical biopsy at exactly the same site and time that the optical biopsy is performed. More importantly, the WavSTAT objectively identifies the borders of tissue during surgery to determine if all cancerous tissue has been removed. This will prevent a second surgery." Vaudry added, "Mr. Jacovides is a respected thought leader in the Greek healthcare market and his company's support of the WavSTAT System will be instrumental in our acceptance at the major gastroenterology centers in Greece and Cyprus. In addition, M.S. Jacovides Hellas is well established in their markets distributing for, among others, Baxter International, Pall, Sandhill and Vital Signs, making them the perfect partner for SpectraScience as we move our business forward."