Intuity Medical Secures $20M Credit Facility From Silicon Valley Bank and Oxford Finance Corporation

SUNNYVALE, California, February 28, 2011 - Intuity Medical, Inc.(TM), a privately-held company developing innovative
technologies in diabetes management, announced that it has secured a $20M
credit facility from Silicon Valley Bank and Oxford Finance Corporation. The
funds will be used to help complete clinical trials and commercialize
POGO(TM), a fully-integrated blood glucose monitoring system.

Intuity Medical's POGO combines traditional blood glucose testing
supplies into one compact meter and multi-test cartridge system. It provides
One-Step(TM) testing with automatic blood sampling and glucose analysis.
Because of its unique self-contained cartridge, patients with diabetes will
no longer need to carry, handle or dispose of separate testing supplies. POGO
can also provide healthcare professionals with an easier way to teach
patients how to test their blood glucose and, ultimately, manage their
diabetes.

"Our mission is focused on simplifying diabetes management for millions
of people," said Emory Anderson, President and CEO, Intuity Medical. "Thanks
to partners like Silicon Valley Bank and Oxford Finance, who understand our
business and support our vision, we are in a strong financial position to
attain our corporate goals."

"Intuity Medical is entering a very exciting phase, seeking both FDA
clearance and CE Marking to launch POGO commercially," said Rob Freelen of
Silicon Valley Bank's Life Science Practice. "When available to consumers,
POGO will give diabetes patients a way to manage their disease discreetly and
without interruption to their daily lives. We appreciate that our clients'
technologies advance standards of care for difficult diseases and are excited
to partner with Intuity Medical in its mission to improve the treatment of
diabetes."

About Intuity Medical

Intuity Medical is a privately-held company located in Sunnyvale, CA. The
Company is committed to simplifying diabetes management by developing
proprietary and innovative technologies that help eliminate a majority of the
most common barriers to glucose testing. POGO, the first All-in-One System,
simplifies blood glucose testing, and gives patient's greater discretion and
flexibility to test anytime, anywhere. For more information about the POGO
Blood Glucose Monitoring System and Intuity Medical, please visit
www.intuitymedical.com or www.presspogo.com.

About Silicon Valley Bank

Silicon Valley Bank provides commercial banking services to emerging
growth and mature companies in the technology, life science, private equity
and premium wine industries. Founded in 1983 and headquartered in Santa
Clara, Calif., the company serves clients around the world through 26 U.S.
offices and five international operations. Silicon Valley Bank is a member of
global financial services firm SVB Financial Group (Nasdaq: SIVB), along with
SVB Analytics, SVB Capital, and SVB Private Client Services. More information
on the company can be found at www.svb.com.

Banking services are provided by Silicon Valley Bank, a member of the
FDIC and the Federal Reserve System. SVB Financial Group is also a member of
the Federal Reserve System.

About Oxford Finance Corporation

A subsidiary of Sumitomo Corporation, Oxford is a specialty finance firm
providing senior secured loans to public and private life science and
healthcare services companies worldwide. For over 20 years, Oxford has
delivered flexible financing solutions to its clients, enabling these
companies to maximize their equity by leveraging their assets. In recent
years, Oxford has originated over $1.5 billion in loans, with lines of credit
ranging from $500 thousand to $40 million. Oxford is headquartered in
Alexandria, Virginia, with additional offices in California, Massachusetts
and North Carolina. For more information visit www.oxfordfinance.com.

Carrie Merritt of SVB Financial Group, +1-503-574-3705, cmerritt at svb.com; or Shelly Davis of Oxford Finance Corporation, 888-471-0174, sdavis at oxfordfinance.com; or Kelley Lipman of Intuity Medical, +1-408-530-1700 Ext. 242, kelley.lipman at intuitymedical.com