Acquires Stake in Private Health Provider

3rd Apr 2007 07:00

For further information, please contact: Medical Solutions plc Nick Ash Managing Director Tel: 0115 973 9010 www.medical-solutions.co.uk Bishopsgate Communications Ltd Nick Rome/Sophie Davis Tel: 0207 5623350 www.bishopsgatecommunications.com3 April 2007 Medical Solutions plc ("Medical Solutions") MEDICAL SOLUTIONS ACQUIRES STAKE IN PRIVATE HEALTH PROVIDER

The Board of Medical Solutions plc , the diagnostics and healthcare business specialising in histopathology and cytology services and products, announces the acquisition of a 40% stake in Number One Health Group Limited ("Number One Health"), a private healthcare provider based in Harley Street, London.

Highlights

* Medical Solutions has agreed to pay ‚£125,000 for 40% stake in Number One Health * This opens up a new channel for Medical Solutions to market its existing portfolio of diagnostic tests * It also provides an opportunity for Medical Solutions to expand its pathology service * There will be increased scope for cross selling opportunities and operational savings

This investment provides a channel through which Medical Solutions can market its existing portfolio of diagnostic tests directly to the public. Over the coming months, Medical Solutions will be enhancing its portfolio and bringing new diagnostic tests on stream that are likely to be of prime interest to the private sector.

In addition to the sales and marketing opportunities, there are other benefits inherent in the partnership with Number One Health. Diagnostic testing that is currently outsourced by Number One Health can be performed at Medical Solutions' reference laboratories in Nottingham.

Further, Number One Health offer services complementary to those of Medical Solutions such as immunisation and disease testing, which affords opportunities for the expansion of the Medical Solutions pathology service. Medical Solutions expects to be able to provide first-rate financial and administrative support to Number One Health, thereby increasing the efficiency of its operations.

Medical Solutions has subscribed for 40% of the ordinary share capital of Number One Health for consideration of ‚£125,000. Dr Charlie Easmon, the founder of Number One Health and Medical Director, will retain a 60% ownership in the business. Medical Solutions has also agreed a loan facility to Number One Health of ‚£125,000 to be drawn down in stages.

Dr Nick Ash, Managing Director of Medical Solutions, said:

"With patients becoming increasingly knowledgeable, and more demanding, about their diagnosis and treatment options, the logic of combining sophisticated diagnostics directly with patient consultation in a single vertically integrated business is compelling and probably unique within the UK."

Notes to Editors:

Medical Solutions plc (MLS)

Medical Solutions is a fully listed UK based diagnostics and healthcare business specialising in the provision of pathology and cytology services and products to the healthcare, pharmaceutical and biotechnology sectors. It has internationally recognised expertise in histopathology with advanced technology in image analysis, high throughput quantitative protein expression and biomarker determination.

Number One Health Group Limited

Number One Health's activities include offering corporate health schemes, travel health care, sexual health checks, visa medicals and vaccinations to both corporate clients and individuals. Number One Health's clients include Rolls Royce, AXA, BskyB and Centrica as well as government agencies for Australia, New Zealand and Canada in respect of visa medicals.

MEDICAL SOLUTIONS PLC

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