MZT Matritech,

Matritech, Inc. (Amex: MZT) announced today that it will release its fourth quarter and fiscal year 2006 earnings results before market opening on February 6, 2007. The company will report that it achieved its previously issued 2006 revenue guidance of $12 million. A conference call is scheduled at 8:30 a.m. (ET) that day to discuss the complete earnings results and provide a company update. The call will be webcast and can be accessed on the Matritech web site at www.matritech.com. To access the conference call by phone, the dial-in number in the United States is 866-825-1709. The International dial-in number is 617-213-8060. The pass code is 17154375. The webcast will also be distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Statement under the Private Securities Litigation Reform Act Any forward-looking statements in this press release including those related to the Company's expectations regarding current and future products and business prospects are subject to a number of risks and uncertainties, many of which are beyond the Company�s control. These forward-looking statements are neither promises nor guarantees. There can be no assurance that the Company's expectations for its products or future financial performance will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Matritech undertakes no responsibility to revise or update any such forward-looking information.