Announcement out today (see below)looks very promising, and could be the start of more deals to come. Throw in the mention of aquisitions in the quarterly, and things start to look very tasty. Not to forget the Cochlear deal blowing in the wind. Has been a while coming, but now looks like we are on the right track. The key now;to close more deals such as this.
REVISED Medical Training Centre Operation to Commence in India Melbourne, April 28, 2008 – The Board of Medic Vision Ltd (Medic Vision) is pleased to announce that Apollo Hospitals Group has given the green light to commence the development of a skills training centre in Hyderabad. The Hospital has allocated approximately 500 sq metres within the Hospital campus for the skills centre. The centre will be jointly managed by Medic Vision and Medvarsity, Apollo Hospital Groups educational subsidiary, as set out in the MOU signed by Medic Vision and Medvarsity late last year with revenue shared by each of the parties. “We look forward to working with Apollo and Medvarsity on the establishment and management of medical and surgical skills training centres throughout India and internationally” stated Ross Horley, Managing Director of Medic Vision. Medic Vision is also active with many other international skills training centre projects and listed below is, an update on management activities relating to some of these centres. Torbay Hospital – UK Construction has commenced at Torbay Hospital for the Centre for Education Innovation & Research. Medic Vision has an ongoing consulting role for this project and will commence negotiation within the next month on management and operation services. Good Hope Hospital Skills Centre - UK Medic Vision is providing business planning and consulting services to Good Hope Hospital in the development of a skills training centre. The objective is to provide management and operation services. Singapore General Hospital Skills Centre Design has commenced in the development of a 5000sq metre skills training facility at Singapore General Hospital. Medic Vision has been commissioned to provide design and business planning services at this stage with discussion for Medic Vision to provide a greater operational role. AUS www.medicvision.com.au P +61 3 8508 8288 Suite 1, 261 Wattletree Road [email protected] F +61 3 9576 3055 Malvern Victoria 3144 2 of 2 Royal College of Surgeons of England Phase 2 of the Eagle Project (a centre of excellence for surgical education, training and assessment) is well under progress with Medic Vision providing consulting services. The recent decision by Apollo and our ongoing activities with the development of other skills centres and medical colleges and institutions is positioning the company as a leader in the development and operation of skills training centres around the world. On behalf of the Board Ross Horley Managing Director Medic Vision Limited
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