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Friday, 02/03/2017 8:29:51 AM

Friday, February 03, 2017 8:29:51 AM

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MIHI Expands its Market Presence and Enters Into Letter of Intent to Acquire Health and Lifestyle Supplements Company Designed for Better Living, Healthier and Longer Life
Deal is company's first in line of acquisitions that will help build the company's portfolio with services, medical devices, laboratory testing, nutraceuticals, and other organizations

DULUTH, Georgia, February 2, 2017 /PRNewswire/ --

Medical Innovation Holdings, Inc. (OTC: MIHI) ("MIHI" or the "Company"), today announced that on January 13, 2017 it has entered into a Letter of Intent (LOI) with a Florida-based nutraceutical company (NEWCO). Under the agreement MIHI will acquire 100% of the assets of NEWCO in a cash and stock transaction valued anywhere from $2.5-$3.5 million. NEWCO will provide a proprietary product line with specialized formulations along with Trademark product names. Also with the acquisition the company will receive a robust customer base, existing staff and management, and certain marketing material designed to promote NEWCO's product line.

NEWCO is a nationally known research and development company recognized for its portfolio of best-in-class, physician-developed, natural health supplements designed to provide their customers with a better, healthier, and longer life. For over 16 years, NEWCO has used and continues to use the highest quality and concentration of powerful ingredients to create products that are naturally safe AND proven effective. As a socially-responsible company, they do not perform any animal testing in any of its research and development.

Arturo "Jake" Sanchez, CEO and Director, stated: "This is the first of many more acquisition agreements to come. We will use NEWCO as a platform company to acquire more supplement-based companies and add additional product lines. We are also benefiting our network of physician providers by increasing their access to readily available additional sources to treat their patients and to increase the practice's revenues. Under this agreement, we are giving the medical providers the opportunity to provide the best care for their patients by incorporating the latest advances in alternative nutraceuticals into their practice versus harmful and many times unresponsive pharma developed medicines."

About Medical Innovation Holdings, Inc.

MIHI, a Colorado-based publicly traded company, owns and operates strategically aligned health care service companies focused on the delivery of clinical virtual medicine (health) as a way of bringing quality medical care to all areas of need including rural and underdeveloped areas across the country. Through our wholly owned subsidiary, 3Point Care, we provide personalized high-tech high-touch telemedicine encounters pairing our virtual health specialty doctors with traditional primary doctors utilizing nextgen virtual health technologies in order to connect a patient with a multi-disciplinary specialty clinical healthcare practice. Through our other companies and relationships, we offer Affordable Care Organization (ACO) support, wellness and prevention, lab analysis and lab services, and remote diagnostic monitoring.

We serve a number of constituents and stakeholders interested in reducing the cost of care, enhancing the quality of care, promoting access to care, and maintaining the continuum of care.

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