pbi to get 1mill

COMPANY ANNOUNCEMENT
Medic Vision receives orders in excess of A$1,000,000 in March for supply of surgical and medical simulators
17th April 2007: Medic Vision Pty Ltd (“Medic Vision”), a wholly owned subsidiary of Premier Bionics Limited, is pleased to announce that during March it received orders with a value in excess of A$1.000,000 for the sale of simulators and services. The products will be delivered to customers within the next 6 weeks. The majority of sales were made in the UK and China including St Georges Hospital in London.
St Georges Hospital is one of the oldest and most respected teaching hospitals in the UK.
Ross Horley, CEO of Medic Vision commented “We outlined previously that significant sales were expected to flow in Q3, especially in China. This is a direct result of our continuous effort in these markets. We are very pleased with the orders and look forward to continued momentum”. The Directors expect to release an update on the company’s performance for the financial year in the second half of May 2007.
For further information contact:
Peter Marks, Chairman, Premier Bionics Tel: 03 9824-8166
Ross Horley, CEO, Medic Vision Tel: 03 8508-8288 or 0400 209 899
David Seal, Blue Oar Securities Plc Tel: +44 (0)207 448 4400
Background on Premier Bionics
Premier Bionics was formed in December 2001 to invest in advanced, Australian-based research in medical devices and diagnostics. The Company listed on the Australian Stock Exchange (ASX: PBI) in May 2002 and listed on AIM (AIM: PBI) in November 2005.
See www.premierbionics.com.au for more details.
Background on Medic Vision
Medic Vision is a technology based company specialising in the application of technology for surgical and medical skills training. Medic Vision provides consulting services in the development of skills training centres as well as developing and deploying computer-based surgical and medical high fidelity simulators.
See www.medicvision.com.au for more details