Bellevue, WA – According to filings with the U.S. Securities and Exchange Commission, OtoNexus Medical Technologies is raising $10,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Caitlin Cameron played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About OtoNexus Medical Technologies
OtoNexus is developing the worlds first medical device to provide objective diagnostic data to instantly and accurately diagnose middle ear infections (Otitis Media) in children and adults. A simple and elegant solution, the device applies a well known medical technology, ultrasound, in a completely novel way to achieve a key advance in differentiating when and when not to prescribe antibiotics. One use per patient tips create a recurring revenue stream. The device will provide data in seconds and will be easy to use by physicians or non physician personnel (NPs, PAs). Definitive, objective data identifying both the presence and the type of fluid behind the eardrum will lead to better outcomes and significantly reduced healthcare costs.

To learn more about OtoNexus Medical Technologies, visit http://otonexus.com/

Contact:
Caitlin Cameron, President and Chief Executive Officer
206-330-0610

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