OPMEDIC GROUP Inc.
TSX : OMG

OPMEDIC GROUP Inc.

October 16, 2006 10:25 ET

OPMEDIC GROUP Inc. is pleased to Announce a New Offer of Financing

MONTREAL, QUEBEC--(CCNMatthews - Oct. 16, 2006) - Not for dissemination in the United States.

OPMEDIC GROUP Inc. ("OPMEDIC GROUP") (TSX:OMG), a healthcare-related service company providing facilities and services to patients and surgeons, announces that National Bank of Canada's Health Group has made available a revolving reducing term credit facility up to a maximum of $5,000,000 secured by a moveable hypothec.

OPMEDIC Group will be able to use this revolving credit facility to finance its growth development, particularly with the acquisitions of companies carrying on business in similar sectors.

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.

Contact Information