ITUS Executive Chairman Dr. Amit Kumar Appointed to American Cancer Society National Board of Directors

LOS ANGELES, CA -- (Marketwired) -- 11/30/16 -- ITUS Corporation ("ITUS") (NASDAQ: ITUS), today announced that Dr. Amit Kumar, the company's Executive Chairman, has been appointed to serve on the National Board of Directors of the American Cancer Society.

The American Cancer Society is the largest voluntary health organization in the United States and is dedicated to eliminating cancer as a major health problem. The American Cancer Society's many activities include: (i) helping people through every step of their cancer experience; (ii) developing guidelines for recommended cancer screening tests; (iii) funding and conducting research to help better understand, diagnose, prevent, and find cures for cancer; and (iv) working with lawmakers to pass laws to defeat cancer and rally communities worldwide to join the fight against cancer.

"I am pleased and honored to be appointed to the Board of the ACS," stated Dr. Kumar. "The ACS is the largest non-government funder of cancer research, and as a Board Member, I am looking forward to helping advance the mission against cancer."

Headquartered in Atlanta, Georgia, the American Cancer Society has regional and local offices throughout the country that support 11 geographical divisions and ensure a presence in every community.

ITUS Corporation

ITUS funds, develops, acquires, and licenses emerging technologies in areas such as biotechnology. The Company is developing a platform called Cchek™, a series of non-invasive, blood tests for the early detection of solid tumor based cancers, which is based on the body's immunological response to the presence of a malignancy. Additional information is available at www.ITUScorp.com.

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Contact:
Dean Krouch
310-484-5184
dkrouch@ITUScorp.com

Source: ITUS Corporation

Released November 30, 2016