Opsens announces its financial results for the quarter ended november 30, 2006

Opsens Inc. (TSX VENTURE EXCHANGE: OPS) ("Opsens") disclosed today its interim financial results for the period ended November 30, 2006.

Interim financial results

For the three-month period ended November 30, 2006, income totalled $173,788, or, a 33% increase compared to $130,338 for the same period last fiscal year. Opsens' income includes sales from products and partnership revenue. The increase in income mostly stems from the 66% increase in the sale of products for the quarter compared to last year's quarter. Higher product sales clearly demonstrate the added value of our products for customers and the growing demand in our target markets, such as the medical, laboratory and electric power transformer markets.

Opsens' net loss was $562,156, including $111,100 for stock-based compensation expenses related to stock options granted during the quarter compared to a net loss of $193,506 for the quarter ended November 30, 2005. This net income variation was generated, in particular, by stock-based compensation expenses, the hiring of a sales force, a corporative structure tailored to a public company and accelerated R&D efforts mostly for the new high-temperature resistant pressure sensor earmarked for the oil market.

Marketing expenses for the three-month period ended November 30, 2006 stood at $229,990 compared to $63,776 for the same quarter last year further to the growth in the sales force, visits by oil industry customers and our increased presence at meetings and trade shows.

R&D expenses for the three-month period ended November 30, 2006 were $126,491 compared to $81,546 for the same quarter last year. The increase is attributable to accelerated R&D activities as well as to lower R&D tax credits.

Administrative expenses for the three-month period ended November 30, 2006 were $248,918, including stock-based compensation expenses of $111,100 compared to $52,395 for the same quarter last year. Except for the stock-based compensation expenses, this increase is mainly attributable to the hike in salaries and the professional fees incurred in connection with the financing process and the company's listing on the stock market.

International partnerships and business development

According to Mr. Pierre Carrier, Opsens' President and Chief Executive Officer, "The third quarter ended November 30, 2006 showed significant progress in each of the company's sectors, in particular, with the expansion of our two international partnerships in growing markets such as oil and gas and medical devices. These developments will enable us to step up the marketing of existing products and oil and gas marketing which should largely contribute to creating shareholder value".

Opsens is in the final development stage of its fiber optic sensor that measures pressure under high-temperature conditions up to 250 degrees Celsius. This sensor is earmarked for oil wells using the Steam Assisted Gravity Drainage ("SAGD") process. The SAGD is a process whereby tar sands are heated by injected steam to extract the oil. The SAGD is utilized for oil production in Alberta, the second largest crude oil reserve in the world.

About Opsens

Opsens is a leading developer, manufacturer and supplier of a wide range of fiber optic sensors and associated signal conditioners based on proprietary and patent pending technologies. Opsens sensors provide long-term accuracy and reliability in the harshest environments and are able to address various critical measurement requirements notably in the oil and gas field. Opsens provides patent pending sensors to measure pressure, temperature, strain and displacement to original equipment manufacturers (OEM) and end-users in the oil and gas, medical, energy and laboratory fields. Opsens offers technical services, as on site installation, training and turnkey fiber optic systems.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this press release.

Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Opsens to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.

For further information: Pierre Carrier, President and Chief Executive Officer, (418) 682-9996; Louis Laflamme, Chief Financial Officer, (418) 682-9996

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