Biomagnetics Diagnostics Corp. (BMGP)

[GWENDHILL]

Patent License Agreement
The Company entered into a patent license agreement on October 16, 2009 at a cost of $87,500
with Los Alamos National Laboratory to market Triggered Optical Biosensor and Integrated
Optical Biosensor System technology, developed at Los Alamos National Laboratory. The
Company is amortizing the cost of this license over a 20 year useful life and will review for
amortization an annual basis.
30-Jun-13 31-Dec-12