SOURCE: Oncology Med, Inc.

October 25, 2007 11:00 ET

Oncology Med's New Contracts Reported in the Pittsburgh Business Times on Friday, October 19, 2007

New Contracts Value Could Reach $1,000,000 Over a Two-Year Period

PITTSBURGH, PA--(Marketwire - October 25, 2007) - Oncology Med, Inc. (PINKSHEETS: ONCO), a Pittsburgh-based cancer treatment solutions group, announced today that an article appeared in the Pittsburgh Business Times about its new contract and company operations. The article as summarized on their website appears below:

Friday, October 19, 2007

Green Tree firm wins contract to support Ohio health system

Value of deal over five years could reach $1M

A Green Tree company will soon provide radiation support services for part of the biggest health system in Ohio.

Oncology Med Inc. is set to provide brachytherapy technical support, equipment, radioactive materials and other services at three hospital outpatient clinics run by Youngstown-based Humility of Mary Health Partners: St. Elizabeth Health Center, St. Elizabeth Boardman Health Center and St. Joseph Health Center.

Humility of Mary is part of Catholic Healthcare Partners, a system that includes 29 hospitals as well as long-term-care facilities, home health agencies and other programs.

The two-year contract has a renewal option for three more years, and the value could reach $1 million, said Oncology Med President and Chairman William Walker. The contract became effective Oct. 2.

About Oncology Med, Inc.

Oncology Med is a public company engaged in the fulfillment of services related to the treatment of various cancers. It currently provides analysis and design of radiation treatment plans in order for radiation oncologists to administer radiation treatments to cancer patients. Current services facilitate radiation treatment programs ranging from external beam radiation to more advanced radiation treatment technologies.

More information about Oncology Med, Inc. can be found at www.oncologymed.com.

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