SOURCE: MedLink International, Inc

November 08, 2006 11:55 ET

MedLink International Board Authorizes Stock Buy-Back Program

ISLANDIA, NY -- (MARKET WIRE) -- November 8, 2006 -- MedLink International, Inc. (OTCBB: MLKNA) (FRANKFURT: WM6B) today announced that its board of directors has approved a stock buyback program of up to $500,000 of its common stock.

The share repurchase will be funded using the company's existing cash balance and future cash flows. The share repurchases will occur through open market purchases, privately negotiated transactions and/or transactions structured through investment banking institutions as permitted by securities laws and other legal requirements. The program allows the company to repurchase its shares at its discretion. Market conditions will influence the timing of the buyback and the number of shares repurchased.

MedLink International's CEO Ray Vuono stated, "We believe the repurchase of MedLink Stock represents a very effective utilization of our cash and resources, based on current market conditions and the Company's growth strategy. We are continually committed to enhancing shareholder value and improving returns."

About Medlink International, Inc:

The business of MedLink International, Inc. (OTCBB: MLKNA) (FRANKFURT: WM6B) is carried out through its flagship product, the MedLink VPN in conjunction with its proprietary MedLink EHR software. The MedLink Virtual Private Network allows subscribing doctors to securely communicate with other physicians and remotely access and retrieve patient records, lab results, X-Rays, CAT Scans and other Personal Health Information (PHI). The MedLink VPN incorporates several third party applications and the company has developed a state of the art Healthcare IT infrastructure on the MedLink VPN. The company also offers other products and services such as Medical Coding & Recovery, MedLink Scheduler, MedLink Billing, Secure Health Mail, Remote PACS, Health IT infrastructure and networking, document management, video conferencing and Optical Memory Cards for personal health records (PHR). The company has developed unique partnerships in the medical community and it utilizes those partnerships to market its products and services. The company website is

Note on Forward-Looking Statements:

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. MedLink International, Inc. undertakes no obligation to update publicly any forward-looking statements.

Contact Information