MEDICAL DEVICE GROUP CLOSES ROUND OF FUNDING

(SAN DIEGO, CALIFORNIA, May 1, 2003)-- Medical Device Group,Inc., an innovator of proprietary disposable medical devices today announced it has successfully completed its funding round through angel investors

MEDICAL DEVICE GROUP CLOSES ROUND OF FUNDING

-Solid Endorsement Of Medical Device Groups Product Line
and Distribution Plan-

SAN DIEGO, CALIFORNIA (PRWEB) May 1, 2003 -- Medical Device Group, Inc., an innovator of proprietary disposable medical devices today announced it has successfully completed its funding round through angel investors.

Founded in 1997 by inventor Clifford Wright, Medical Device Group (MDG) is focused on developing, patenting and distributing product solutions in the disposable medical device market. The primary focus is on the respiratory product market and MDG has four patented products scheduled for market distribution in 2003: (1) Tri-Plex Adapter, a disposable ventilator adapter designed to streamline patient care and decrease exposure to infections, (2) Quick and Easy Cannula, a major improvement in comfort for the nasal administration of oxygen, (3) Wrights Suction Kit and Holster, a storage device and Yankauer suction unit that reduces exposure to bacteria, and (4) Stable-Line IV Site Protector, a simple, durable and effective intravenous catheter securement device.

The completion of our round of seed funding is affirmation of our product line and a solid distribution plan," says Medical Device Groups CEO, Clifford Wright. We have spent more than six years developing, engineering and patenting a compelling line of products. We have worked closely with health care professionals, ISO 9000 manufacturers, and distributors and have successfully shepherded products through the regulatory FDA process. We now look forward to the final step of producing, distributing and servicing our customers. The respiratory product market is over $5 billion annually and a large amount of that is for disposable, single-patient-use devices, our primary target."

In addition to financing Medical Device Groups day-to-day operations, the capital will allow the manufacturing and distribution of initial products and fund further product development. More than seven other products are in various stages of development by the company.

The round was led by Sunrise Capital, Inc. of Las Vegas, Nevada and included experienced medical and technology luminaries.

About Medical Device Group, Inc.
Biomedical engineer Clifford Wright formed Medical Device Group, Inc. in 1997 to focus on innovative disposable products to improve respiratory care. The companys core strength is identifying simple economic product solutions to improve patient treatment and patient comfort. The company designs and develops branded products and out sources manufacturing and packaging. Distribution has been developed through established medical product distributors and dealers for hospitals, home care, outpatient clinics and emergency care providers. For more information on the company and its products please visit www.medicaldevicegroup.com.

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For Further Information Contact:
Clifford Wright, CEO
858-391-9090
cliff@medicaldevicegroup.com