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GlobalMed Technologies Signs Distribution Agreement for Asia Pacific with Laser Vaginal Rejuvenation Institute and PhotoMedex

(presss release from GlobalMed Technologies (Asia) Co., Inc.)

SONOMA, Calif --March 29, 2005--GlobalMed Technologies (Asia) Co., Inc. announced today that it has signed exclusive distribution agreements with Dr. David Matlock, founder of the Laser Vaginal Rejuvenation Institute of Los Angeles(R), and PhotoMedex, Inc, manufacturer of the LaserPro(R) diode laser device. The agreements cover sales, marketing, and distribution throughout Asia Pacific of the LVR(R) Advantage, a turnkey package of professional services and equipment.

Laser Vaginal Rejuvenation (LVR) is a one-hour outpatient surgical procedure that treats vaginal relaxation, a common condition caused by aging and childbirth. The procedure decreases the internal and external vaginal diameters and effectively enhances vaginal muscle tone, strength and control, resulting in enhanced sexual gratification. Dr. David Matlock pioneered both LVR and Designer Laser Vaginoplasty (DLV) as laser-assisted enhancement procedures in 1995. Dr. Matlock utilizes the LaserPro diode laser because of its 980nm wavelength, which produces less tissue damage than other wavelengths, and its 20 watts of power, which enables faster incising and greater homeostasis. In addition to a reusable handpiece specially designed for LVR and DLV, the LaserPro also offers a wide variety of tips and handpiece accessories.

GlobalMed's LVR Advantage was developed in response to widespread physician demand in Asia Pacific to establish successful LVR practices. The package includes a 3-day intensive clinical training course with Dr. Matlock at the Laser Vaginal Rejuvenation Institute of Los Angeles, the PhotoMedex LaserPro diode device and LVR accessory kit, and a full complement of marketing and clinical support materials.

"We're very pleased with this partnership," said Sanders Ergas, President and CEO of GlobalMed Technologies. "We believe Dr. Matlock's procedures will garner significant professional acceptance in Asia Pacific. Plus, the LVR Advantage offers everything in one easy and affordable package that a gynecologist or plastic surgeon will need to establish a successful LVR practice.

Mr. Ergas is also enthusiastic about GlobalMed's expanded partnership with PhotoMedex. "PhotoMedex's commitment to quality technology is apparent in the new LaserPro 980nm diode laser. Its high power and specialized surgical handpieces and tips afford physicians a significant competitive advantage in LVR as well as other traditional diode laser applications."

David Matlock, MD, MBA, FACOG, founder of the Laser Vaginal Rejuvenation Institute noted: "I have performed LVR and DLV procedures on about 2,000 women from all 50 states and over 30 countries. Having searched for the perfect laser system to perform our boutique cosmetic gynecologic laser surgeries, I am confident that the PhotoMedex LaserPro 980nm Diode is the ideal system for LVR and DLV. I also strongly believe that GlobalMed Technologies possesses the knowledge, experience, and foresight to implement the vision and fulfill the mission of the Laser Vaginal Rejuvenation Institute in Asia Pacific."

Jeff O'Donnell President and CEO of PhotoMedex stated: "PhotoMedex is excited that GlobalMed and Dr. Matlock have chosen the LaserPro(R) Diode as their quality diode laser system. GlobalMed has had a long successful business model in Asia Pacific, including distribution of our XTRAC(TM) excimer laser for Dermatology. We now have the opportunity to expand our offerings through GlobalMed to feature products from our Surgical Products Division."

About GlobalMed Technologies

Established in 1995, GlobalMed Technologies is an international sales and marketing company offering medical technology manufacturers turnkey solutions for overseas distribution. Working through its leading networks of international distributors, institutions, and physicians, GlobalMed also provides comprehensive clinical and sales training, assistance with regulatory approvals, workshops & seminars, locally targeted marketing programs, direct and web-based support, and a host of other key sales and marketing services.
www.globalmedtechnologies.net

About PhotoMedex

Headquartered in Montgomeryville, Pennsylvania, PhotoMedex develops proprietary laser and fiber-optic systems offering a wide range of products and services across multiple specialty areas, including dermatology, urology, gynecology, orthopedics, and other surgical specialties. The company is a leader in the development, manufacturing and marketing of medical laser products and services.
www.photomedex.com

About the Laser Vaginal Rejuvenation Institute of Los Angeles.

The Laser Vaginal Rejuvenation Institute of Los Angeles is founded and directed by Dr. David L. Matlock. Dr. Matlock has pioneered and performed his proprietary Laser Vaginal Rejuvenation and Designer Laser Vaginoplasty surgery over the past 10 years and has trained physicians from Canada, Sweden, France, Korea, Indonesia, Dominican Republic, Australia, Chile, and the United States. He has devoted a significant portion of his gynecologic career to the study and treatment of vaginal relaxation and the enhancement of sexual gratification.
www.drmatlock.com CONTACTS:
GlobalMed Technologies
Lisa Thorson, 707-939-8442
lthorson@globalmedtechnologies.net

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