Article: MIV Therapeutics' Share Price Target Projection Increased to $1.77 in New Report Update from Beacon Equity Research; Raised Share Price Target Reflects Continued Progress to Develop Breakthrough Solutions for Stents and Drug-Delivery Systems.

VANCOUVER, British Columbia -- MIV Therapeutics, Inc. (OTCBB:MIVT)(FWB:MIV), a leading developer of next-generation biocompatible coatings and advanced drug delivery systems, announced today that Beacon Equity Research, a paid investment analyst firm, has revised the Company's one year average target price projection to $1.77, representing an increase of twenty-four cents over the research firm's previous price target projection.

In addition, Beacon also estimates a substantially higher "optimal circumstances"-based share value projection target of $4.40 in the update, compared with $3.90 in its earlier, April, 2005, comprehensive paid research report.

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