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ALDA Pharmaceuticals Corp. (“ALDA”) is partnering with the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) to keep venues healthy and sanitized as the exclusive Official Supplier of hand sanitizer and disinfectant cleaning products for the Games.

The company, founded in 1996, publicly listed in 2003 and based in New Westminster, British Columbia, develops, manufactures and markets a family of proprietary infection control products based on its patented technology called T36®. Under the agreement with VANOC, ALDA will make a financial investment in the Games and provide antiseptic hand sanitizer and handwipes, cleaning products and a hospital-grade spray disinfectant to the Organizing Committee. The hand sanitizer and handwipes will be available at competition and non-competition venues, including the Olympic/Paralympic Villages, polyclinic centres and food preparation areas.

In return, ALDA will have exclusive rights as an Official Supplier in the Hand Sanitizer and Disinfectant Cleaning Products product category for the 2010 Winter Games and rights to associate with the Canadian Olympic Team competing at the Vancouver 2010 Olympic Winter Games and the London 2012 Olympic Games.

“Our company is excited to play a role in helping ensure the 2010 Winter Games are among the healthiest ever held for athletes, spectators, volunteers and workers,” said Terrance G. Owen, president and CEO of ALDA Pharmaceuticals Corp. “The Games are a perfect event to put our new consumer products, such as our antiseptic hand sanitizer, literally in the hands of potentially tens of thousands of people from around the world and help ensure the only things they take away from the Games are fun and memorable experiences.”

“We’re pleased to welcome this growing British Columbian company to the Vancouver 2010 team,” said John Furlong, VANOC Chief Executive Officer. “We look forward to working with ALDA Pharmaceuticals and using their innovative line of sanitizing products to help us deliver great Games when we welcome the world in 2010.”

British Columbia Premier Gordon Campbell added, “Strong partnerships are critical as we prepare to welcome the world in 2010. When thousands of athletes, teams, journalists and visitors come here to experience our province and the Vancouver 2010 Olympic and Paralympic Winter Games, this partnership will help to ensure their health and safety.”

Compared to typical alcohol-based hand sanitizers, ALDA’s antiseptic hand sanitizer has two active ingredients that provide faster action against a broader range of infectious organisms, including Norwalk-like viruses and that offer a long-lasting residual effect.

The company’s hospital-grade disinfectant spray has been tested on more than 25 clinically important bacteria, viruses and fungi, and is approved for hospital use by Health Canada and the Canadian Food Inspection Agency (CFIA) for restaurants and the food processing industry. The spray kills infectious organisms such as polio, HIV and tuberculosis.

“VANOC takes our responsibility to ensure the Games are a healthy and safe place for all involved very seriously,” said VANOC’s chief medical officer, Dr. Jack Taunton. “ALDA is a great partner for the Games — it has undergone rigorous independent testing of its products and has been recognized by both Health Canada and the CFIA.”

(Source: VANOC)