TORONTO, ONTARIO -- (MARKET WIRE) -- November 03, 2006 -- Theralase Technologies Inc. (TSX VENTURE: TLT)(OTCBB: TLTFF) announces the appointment of David M. Groves, B.A. as President of its World Trade Division. Mr. Groves is a senior sales and marketing professional with over 30 years experience selling products and services to the healthcare and financial markets. Mr. Groves will be responsible for international sales and business development of the Theralase product line, leading a 4 member internal sales team and also a 40 member external manufacturing representative team to sell the Theralase product line into the Canadian and US medical marketplace.