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Stockholm, 29 October 2008

Biosensor to reschedule its Q3 interim report

Due to the equity issue about to be floated by with a subscription period of 5-21 November 2008, the Company wishes to reschedule the publication of its Q3 interim report to occur before the subscription period begins. The Board of Directors has therefore decided that this quarterly report will be published 4 November 2008.

For additional information, please contact:

Bengt Hagander
President & CEO, Biosensor Applications Sweden AB (publ)

Telephone: 46 (0)8 706 75 00
bengt(punkt)hagander(snabel-a)biosensor(punkt)se

Biosensor is a Swedish company located in Sundbyberg, a suburb of Stockholm. The Company is listed on AktieTorget. The Company has developed a unique technology for detection of trace substances based on biotechnological sensors. This technology simultaneously detects both explosives and narcotics at a molecular level. The technology is distinguished by its very high probability of detection, with low false alarm rates outside laboratory environments. Biosensor’s customers are found among police forces, security companies, border control, the armed forces, the criminal justice system and rehabilitation clinics on a world-wide basis.