Optium Corporation to Release Second Quarter Financial Results On February 27, 2007

CHALFONT, Pa., Feb 7, 2007 -- Optium Corporation (Nasdaq:OPTM), a supplier of high-performance optical subsystems, announced today that the Company plans to release its second quarter fiscal 2007 financial results after close of market on February 27, 2007.

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

Date:      Tuesday, February 27, 2007

Time:      4:30 p.m. Eastern Time

Call-In-Number: 1-800-819-9193

A live audio webcast of the conference call will also be available at http://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 An archived version of the webcast will be available on the same website shortly after the conclusion of the live event.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 March 2, 2007 and can be accessed by dialing (719) 457-0820 or (888) 203-1112, access code 9042818.