X0203 3 2008-07-24 0 0001175151 MedaSorb Technologies CORP MSBT 0001443723 Gunton James T. 1001 BRIGGS ROAD, SUITE 280 MOUNT LAUREL NJ 08054 1 0 0 0 Series B Convertible Preferred Common Stock 57142857 I By Partnership Immediately exercisable. Not Applicable. The initial conversion rate of these securities is one share of the Issuer's Common Stock for each $.035 of stated value or accrued but unpaid dividends being converted, subject to adjustment. These shares are held directly by NJTC Venture Fund SBIC, LP, of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or any other purpose. /s/James T. Gunton 2008-08-22