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Tuesday, 03/09/2010 9:13:02 PM

Tuesday, March 09, 2010 9:13:02 PM

Post# of 1237

Some news from MDXX


Medex Inc. Appoints Larry G. Shea Chief Operating Officer


2010-03-09 08:30 ET - News Release

LAS VEGAS -- (Business Wire)

Medex Inc. (MDXX:PK), today announced the appointment of Larry G. Shea to the position of Chief Operating Officer and member of the Company's board of directors.

Shea, 40, will be responsible for corporate operations, finance and business development reporting to Medex President Marco Montenegro. A twenty year veteran in medical affairs consultation with a specialization in financial controls and contract negotiations, Shea has most recently served as President and Chief Executive Officer of Professional Services Network providing services in practice management and development to companies such as Green Valley Drugs (developing pharmaceutical and physician supplies), Hogan Medical Center (acting COO role), Advanced Medical Center (acting COO role).

"As Medex continues to build it's management team, Larry's appointment provides significant knowledge in the medical industry that we intend to leverage in the selection and development process for planned acquisitions," Montenegro said. "We look forward to his contributions and achievements."

About Medex Inc.

Medex Inc. is an early stage Nevada based medical acquisition company specializing in the procurement of medical supply companies, medical technology companies, and assisted living and care facilities worldwide. For additional information see www.medexsynergies.com.

Safe Harbor Statement:

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or planned, "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.




Contacts:

For Medex Inc.
Bob Leahy, 202-550-4294

Source: Medex Inc.

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