SOURCE: Tulip BioMed, Inc.

October 01, 2007 16:29 ET

Tulip BioMed, Inc. Announces New Pricing Structure for Its Disposable Product Line

New Pricing Structure Provides Physicians With Multiple Ordering Options That Include Variable Purchase-Pricing

SAN DIEGO, CA--(Marketwire - October 1, 2007) - Tulip BioMed™, Inc. (PINKSHEETS: TPBD), a developer of medical devices for the living tissues market, including plastic, cosmetic, and orthopedic surgeries, today announced that it has added ordering flexibility into the purchasing options for its disposable products. The intent of this flexibility is to ensure that physicians can order products that fit within the particular needs and procedures of a physician.

Tulip BioMed now offers four ways to order its one-time use, disposable micro cannula products:

--  The "Complete Box" set which includes 10 of the exact same cannula,
    priced at $US 175.00 per box.
--  The "Mix and Match Box" set which includes any 10 cannulas that can
    have different lengths or tip styles, priced at $US 180.00 per box.
--  The "Individual Box" set which includes any number or style of
    cannula, less than 10 per box, priced at $US 19.00 per cannula.
--  The "Starter Kit" set which includes two "harvester" and two
    "injector" cannulas of the doctor's choice; a luer-to-luer transfer device;
    an 18-guage sterile needle; five 1cc syringes; and two 20cc syringes,
    priced at $US 100.00 per box.
    

Three ways are now also offered to purchase Tulip BioMed's disposable Johnnie Loks™ and disposable Luer-To-Luer Transfer device:

--  Johnnie Loks are sold in quantities of 5 for $US 30.00; 10 for $US
    55.00; and 20 for $US 99.00.
--  Luer-To-Luer Transfer device are sold in quantities of 5 for $US
    35.00; 10 for $US65.00 and 20 for $US 120.00.
    

Dori K. Gavitt, director, marketing and sales, noted, "Many physicians have requested that we provide some flexibility in our ordering process. Our new ordering and pricing structure now allows physicians to customize their ordering to suit their particular needs. We believe that our obligation is to not just provide quality products to our customers, but to also meet their requests whenever we can. Tulip BioMed will always try to accommodate customer requests whenever possible so that we can assist physicians in their medical practice."

About Tulip BioMed, Inc.

Tulip BioMed, Inc., a Nevada corporation, has its operations based in San Diego, California. For more information, please call us at 1-800-97TULIP (1-800-978-8547). Products are available for sale at www.tulipdisposable.com.

Safe Harbor: This press release contains certain forward-looking information about Tulip BioMed, Inc., which is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995.

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