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WORLD CLASS MEDICAL CENTER PLANNED FOR SUBIC BAY

Medtecs International and TotalMED Corp., two leading health care service providers in the Philippines and Asia conducted a well attended and highly successful joint presentation on medical tourism at the SBDMC building on October 17, 2007. Plans for a world class MedTecs-Totalmed medical center at the MedTecs building were also unveiled. Attending the event were SBMA CEO and Administrator Armand Arreza, Chairman Yang, KC of MedTecs, Dr. Ray Ricardo, CEO of TotalMed, Dr. Connie Chow and Dr. C. Chen of Taiwan’s Min Sheng Health Systems, and Mr. Jeff Lin, President of SBDMC. Also present were Dr. A. Aventura, founding Med. Dir. of the Phil. Heart Center and TotalMed Vice-Chairman, and Dr. Bu Castro, former PMA President and Medical Director of TotalMed. Mr. Arreza, Chairman Yang, Pres. Lin, Drs. Ricardo, Aventura and Castro all gave a brief discussion of the need for and the plans for a premiere medical center which will serve Subic Bay and surrounding areas. A sumptuous lunch followed at the Yacht club, courtesy of MedTecs.

Chairman Yang K.C. gave a short talk about his company, MedTecs, which is a multinational company manufacturing medical consumables. Dr. Raymond C. Ricardo, CEO of TotalMed, presented an overview of medical tourism and plans for a combined MedTecs-TotalMed hospital, in partnership with Min Sheng Health Systems. The new facility will be housed in a 15000 sq. m building located in the commercial section of SB Industrial Park, near the Convention Center. It will be equipped with state-of-the-art technology and will be manned by physicians trained in the Philippines and in the US. Most of the medical staff will have specialty training and board certifications. All services including cutting edge research in organ transplant and stem cells will be provided.

The presentation in Subic Bay was held after a separate forum on medical tourism held at the InterContinental Hotel, on Nov. 16 to coincide with the 20th Annual Joint Meeting of the Chinese-Philippine and Philippine Chinese Business Councils. Representatives of the Taiwan and Philippine government and private hospital administrators and physicians attended the forum.

Medtecs Group of Companies is an integrated healthcare products manufacturer and healthcare services provider in Asia-Pacific. It is a leading manufacturer and distributor of medical consumables for the global healthcare industry. Started in 1989 in the Philippines, the Medtecs Group has over the years established a strong presence in the United States, Europe and the Asia Pacific region. Today, the Group has offices in Singapore, Hong Kong, Taiwan, the Philippines, Cambodia and People's Republic of China.

TotalMed Holdings, a Philippine-registered firm, is a total health care provider engaged in ambulatory and hospital care and in allied medical education, training and recruitment. TotalMED started in Delaware, Nevada and Arkansas, USA, as Transcription Inc. and quickly expanded to include the Philippine-wide AmeriPhil group of companies serving US hospitals, clinics and physicians. Totalmed is engaged in medical clinics. Business process outsourcing, medicolegal transcription, medical billing and coding, nurse training for USA deployment and medical call centers. TotalMED will soon open a Multi-Specialty and Aesthetic Center at the SubicVest Building inside SBIP in collaboration with the Belo Medical Group. TotalMed plans to open another ambulatory center inside Clark mid 2008.