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UMCI .02 x .025 reported net income for ten consecutive quarters:

United Medicorp, Inc. Announces First Quarter Results
DALLAS--(BUSINESS WIRE)--May 19, 2003--United Medicorp, Inc.
(OTCBB:UMCI) announced today its results for the first quarter.
Revenue for the first quarter ended March 31, 2003 was $886,239,
up 11 percent compared with $800,458 in the first quarter of 2002. Net
income for the first quarter was $85,490 compared to net income of
$110,764 in the prior year quarter. Net income per share for the first
quarter was $0.0029, compared to net income per share of $0.0038 in
the prior year quarter.
Pete Seaman, CEO, stated, "UMC's operating results for the first
quarter include significant expense investments in sales and
marketing, and in new services that are being introduced by UMC's
Coding Services Division. Management believes these investments are
essential to produce continued growth in revenues and net income."
Nathan Bailey, Vice President and Controller added, "The Company
has now reported net income for ten consecutive quarters since the
move to Pampa in September of 2000. Net income for the first quarter
of 2003 was impacted by $23,406 in increased premiums for health
insurance and employee benefits, and $31,118 in salary and commissions
for UMC's Vice President of Sales and Marketing position, which did
not exist during the first quarter of 2002."

United Medicorp, Inc. provides extended business office services
to healthcare providers nationwide.

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CONTACT: United Medicorp, Inc.
Pete Seaman, 806/661-4209
Nathan Bailey, 806/661-4210

KEYWORD: TEXAS
INDUSTRY KEYWORD: HUMAN RESOURCES BANKING MEDICAL EARNINGS
SOURCE: United Medicorp, Inc.

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