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MAHWAH, NJ, December 29, 2000. DOBI Medical Systems, LLC announced today that the Company and its new breast cancer diagnostic technology would be featured on the widely recognized television program, World Business Review beginning in January 2001. The television series focuses on leading edge businesses and their associated technology and is hosted by General Alexander Haig, former Secretary of State for President Reagan and former COO and President of United Technologies Corporation. DOBI Medical Systems was selected to appear for its leadership in the diagnostic field of non-invasive breast cancer detection.

DOBI Medical's Chief Executive Officer, Phillip C. Thomas will appear on General Haig's World Business Review to explain the needs and advantages of non-invasive breast cancer diagnosis and highlights new advances being made in this exciting new area of medical technology.

The DOBI System is designated an investigational device at this time and may be used only for research purposes in the U.S. pending FDA approval. Use abroad is also subject to the regulations of the respective country. Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties.

The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition to the factors set forth above, other important factors that could cause actual results to differ materially include, but are not limited to, technical risks associated with new technology development, government regulatory approval, market acceptance of our product, competition and technological change.

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For further information:
Please contact: Phillip C. Thomas, Chief Executive Officer

DOBI Medical International
1200 MacArthur Blvd.
Mahwah, New Jersey 07430
Voice: (201) 760 6464
Fax: (201) 760 8860


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