OPMEDIC GROUP Inc.
TSX : OMG

OPMEDIC GROUP Inc.

January 17, 2006 23:59 ET

OPMEDIC GROUP Inc. Announces a 64% Increase of its Net Earnings in First Quarter

MONTREAL, Jan. 17 - NOT FOR DISSEMINATION IN THE UNITED STATES

OPMEDIC GROUP Inc. ("OPMEDIC GROUP")(TSX:"OMG"),
a healthcare-related services company providing facilities and
services to patients and surgeons, is pleased to announce financial results
for the first quarter ended November 30, 2005.

Consolidated revenues for the first quarter ended November 30, 2005
totalled $ 1.815 million, representing an increase of 7.4 % ($ 0.126 million)
compared to the $ 1.689 million for the first quarter of fiscal year 2004. The
increase in consolidated revenues was fuelled by an increased client activity
in prenatal ultrasounds and prenatal screening tests.

The costs of services for the quarter improved from $ 0.902 million in
2004 to $ 0.737 million in 2005. This decrease is principally a result of an
efficient control of our consultation fees.

Gross profit for the quarter was up 37% from $ 0.787 million in 2004 to
$ 1.078 million in 2005 an increase of $ 0.291 million. A combination of
higher revenues and efficient control of our expenses increased our gross
margins from 47% to 59%.

Net earnings and earnings per share for the first quarter amounted to
$ 319,000 or $0.03 per share, compared to $ 194,000 or $ 0.01 per share in the
corresponding quarter of the previous year, which represents an improvement of
64% or $ 0.02 per share.

Consolidated earnings before interest, incomes taxes, depreciation and
amortization (EBITDA) for the first quarter were at $ 0.594 million, an
increase of 58% ($ 0.217 million) compared to the $ 0.377 million on the first
trimester 2005.

"These good quarterly results comfirm the efficiency of the OPMEDIC GROUP
management team and the necessary revenue growth to continue developing our
activities in the field of surgery and related services by operating centres
through our OPMEDIC division" said Dr. Pierre St-Michel, President and CEO of
OPMEDIC GROUP.


Detailed financial results can be accessed on the the OPMEDIC GROUP web
site at www.opmedicgroup.com.


About OPMEDIC GROUP


OPMEDIC GROUP is a company incorporated under the laws of the Province of
Quebec which provides healthcare-related services including surgical
facilities and services to patients and surgeons (with its OPMEDIC division),
fertility treatments, medical imaging, laboratory services and diagnostic
procedures (with its PROCREA Cliniques division) and sperm banking services
(with its PROCREA Cryopreservation Centre subsidiary). OPMEDIC GROUP's Common
Shares trade on the Toronto Stock Exchange under the symbol "OMG".


This news release does not constitute an offer to sell or to solicitation
of an offer to buy any security and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offerting would be
unlawful. This news release contains certain forward-looking statements that
reflect the current views and/or expectations of OPMEDIC GROUP with respect to
its performance, business and future events. Such statements are subject to a
number of risks, uncertainties and assumptions. Actual results and events may
vary significantly.

The Content of this press release has not been approved by nor submitted
to the TSX which assumes no liability therefore.

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