TORONTO, ONTARIO--(Marketwire - Sept. 26, 2012) - Way Ventures Inc. ("Way Ventures") (TSX VENTURE:WAY.P), a Capital Pool Company, is pleased to announce that on September 19, 2012 it entered into a letter of intent with BioMatera Inc. ("BioMatera"), to complete a business combination (the "Transaction") whereby all of the issued and outstanding securities of BioMatera will be exchanged for securities of Way Ventures. The Transaction is intended to constitute the Qualifying Transaction of Way Ventures as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange (the "Exchange").