SOURCE: MedEx Inc.

December 22, 2010 08:30 ET

MedEx, Inc. Enters Into a Contract With Mobility Plus

LAS VEGAS, NV--(Marketwire - December 22, 2010) -  MedEx, Inc. (PINKSHEETS: MDXX) is pleased to announce that it has entered into a contract with Mobility Plus through its two wholly owned subsidiaries Bee Mobile, Inc. and Creative Rehab Technology Services, Inc. It is anticipated that this agreement will more than double the revenue of both Bee Mobile, Inc. and Creative Rehab. Through this agreement Creative Rehab is providing Mobility Plus with group three (3) (high-end rehab wheelchairs) and Bee Mobile will be providing servicing to additional commodity wheelchairs already in service with Medicare and Medi-Cal recipients. The combination of sales and service will increase sales by more than $250,000.00 per month.

"The Fontana, California offices of Bee Mobile and Creative Rehab have put together an amazing program. Mobility Plus provides the facility and connections with physical and occupational therapists that are the catalyst to this agreement. All three companies are familiar with the rules and constraints surrounding billing Medicare and Medi-Cal for services and equipment. Mobility Plus offers a centralized location between Riverside and San Bernardino Counties to provide the required services. We have worked with Mobility Plus in the past and look forward to their confidence in our ability to fulfill their needs under this agreement," states Paul Protzman, CEO of MedEx, Inc.

There are hundreds of companies involved in the Durable Medical Equipment industry, this was never more apparent than seeing how many companies were in attendance at the DME Conference held in Atlanta, Ga. last month. One such competitor to MedEx, Inc. would be Hill-Rom, Corp. who is a publicly traded company that has many different divisions, but whose primary focus is hospital beds and accessories.

About Mobility Plus:
Mobility Plus is the "Inland Empire" (Riverside and San Bernardino Counties) Premier Mobility Company and #1 Medical Equipment Supplier. They are a major supplier of power wheelchair mobility with over 20 years experience in the field. They are affiliated with Medicare, Medi-Cal, and most insurance companies, helping doctors fill out the proper paperwork, submit the forms, and follow up if necessary, all on their clients behalf. For additional information see www.mymobilityplus.com.

About MedEx, Inc.
Medex, Inc. is a development stage Nevada-based medical support services company, which plans to grow through acquisitions of medical supply companies, medical technology companies, and assisted living and care facilities worldwide. For additional information, see www.medexsynergies.com.

Safe Harbor Statement:
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1955 . "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Contact Information

  • MedEx, Inc.
    Investor Contact:
    1-800-869-1060