MEDIAN Technologies announced that it has obtained commitments from thirteen non-affiliated and affiliated institutional investors to purchase approximately EUR 20.0 million of its common stock in a capital increase without preferential subscription right reserved to institutional investors led by New Enterprise Associates (NEA) pursuant to article L. 225-138 of the French commercial Code. MEDIAN Technologies has entered into a Subscription Agreement with each of the investors pursuant to which MEDIAN Technologies will sell an aggregate of 2,222,222 units at a price of EUR 9.00. Each unit is composed of one share of common stock and one warrant.

The new shares will be fungible with MEDIAN's outstanding shares and, upon closing, will represent 36.83% of the share capital of MEDIAN Technologies and will correspond to a dilution of 26.91% for the existing shareholders. Dr. Otello Stampacchia, Investment Advisor at Omega Fund Management, who will join the Board of Directors of MEDIAN Technologies S.A. as part of transaction.