SurgiLance Changes Company Name to MediPurpose - MediPurpose
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SurgiLance Changes Company Name to MediPurpose

SurgiLance Changes Company Name to MediPurpose

SINGAPORE, Nov. 6 — SurgiLance announced today a significant change in its corporate identity. Effective November 6, 2006, the company will change its name to MediPurpose.

This change reflects a new direction for the company, which has plans for further expansion into Europe, South America and Asia, and a more diverse product portfolio.

MediPurpose CEO Patrick Yi commented, “With the rapid growth of SurgiLance in the safety lancet market and the opportunities to leverage our marketing strengths and medical product distribution channels, we decided that we could be more than just a lancet or safety products company.

“The MediPurpose name reflects our new purpose: to develop, manufacture and market innovative healthcare solutions which improve the quality of life for our customers.”

This transformation in corporate identity is a new and exciting evolution for the company as it continues to grow into a more diversified company capable of navigating the highly competitive markets in the healthcare and medical device fields.

The transition to the new company will be effective immediately, and is expected to open new doors of opportunity for the company even as it maintains its current market position.

The company’s medical product range was expanded in 2005 to include the ITC Tenderfoot heelstick safety lancet for the U.S. market. The product range will be expanded further when MediPurpose begins the distribution of a new blood separation product from Germany in 2007.

MediPurpose has also added a director of business development to the U.S. team in order to facilitate more business opportunities for the company and to investigate innovative technologies that can be developed into successful medical products for the global healthcare market.

About MediPurpose

Founded in 1999, MediPurpose is a leading medical device company headquartered in Singapore, with offices in the United States and the United Kingdom.

Known for its innovation of the SurgiLance Safety Lancet, MediPurpose has leveraged its success in the medical device industry to become a master medical product distributor.

MediPurpose also offers angel funding, medical product development and medical device consulting for medical device inventors and medical product companies seeking entrance or expansion into the medical device markets.

For more information about MediPurpose’s medical products, medical distribution channel management services and medical product development services, please visit www.medipurpose.com.