Optium Corporation to Release First Quarter Financial Results on December 5, 2006


CHALFONT, Pa., Nov. 20, 2006 (PRIMEZONE) -- Optium Corporation (Nasdaq:OPTM) announced today that the company plans to release its first quarter financial results for its fiscal year 2007 after close of market on December 5, 2006.

Following the issuance of its earnings release, Optium plans to host a live conference call and webcast. The company plans to discuss its first quarter financial results for fiscal year 2007 and its outlook for the business. Pertinent details include:


 Date:   Tuesday, December 5, 2006

 Time:   4:30 p.m. Eastern Time

 Call-In-Number:  (800) 811-8824

A live audio webcast of the conference call will also be available at ir.optium.com. An archived version of the webcast will be available on the same website shortly after the conclusion of the live event. A replay of the telephone conference call will be available from 7:30 p.m. that night through midnight on December 12th and can be accessed by dialing (719) 457-0820 or (888) 203-1112, access code: 9665435.

About Optium Corporation

Optium Corporation is a supplier of high-performance optical subsystems that enable transmission, reception and switching functionality for high-bandwidth, intelligent optical networking applications for use in telecommunications and cable TV network systems.

Optium Corporation Safe Harbor Statement

Certain statements made in this press release that are not based on historical information are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, Optium Corporation's business outlook. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond Optium Corporation's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Optium Corporation undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by Optium Corporation, see the disclosure contained in Optium Corporation's public filings with the Securities and Exchange Commission including the risk factors included in Optium Corporation's Registration Statement on Form S-1 (File No. 333-135472).



            

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