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COMPANY ANNOUNCEMENT

Medic Vision Awarded Consultancy to the Royal College of Surgeons of England

24 May 2006 – Premier Bionics’ wholly owned subsidiary, Medic Vision Pty Ltd (“Medic Vision”) is pleased to announce that the Royal College of Surgeons of England have appointed Medic Vision to provide consultancy services in relation to the design and development of their new skills training centre.

The total project consists of four principal phases with Phase 1 commencing immediately. The duration of the total project is expected to be of the order of five years. The implementation of this project will completely transform the College’s existing teaching resources into state-of-the-art training facilities.

The new skills centre will incorporate new teaching facilities for anatomy, skills training, multi disciplinary training and team activities and cater to the specific needs of tomorrow’s surgeons.

Commenting on Medic Vision’s appointment, CEO, Ross Horley stated, “This is a very important project for Medic Vision. It reinforces and extends our widely recognised credibility in respect of the provision of highly sophisticated and professional services and products for surgical and medical skills training centres. To be involved with this project from its inception where our full range of skills can be deployed is both important and very gratifying. We look forward to maintaining a long and successful relationship with the College.”

For further information:

Ross Horley, Managing Director, Medic Vision Tel: 03 8508-8288 or 0400 209 899
Peter Marks, Chairman, Premier Bionics Tel: 03 9824 8166
David Seal, Corporate Synergy Tel: 00 11 44 207 448 4400