Acquisition Completion

Advanced Medical Solutions Grp PLC 3 May 2002 Advanced Medical Solutions Group plc ('AMS') Advanced Medical Solutions Group plc ('AMS') is pleased to announce that, following the admission of the VCT placing shares and the open offer shares onto AIM on 30 April and 1 May respectively, the acquisition of MedLogic Global Holdings Limited (and related intellectual property assets) ('MedLogic') has now been completed. Commenting on the acquisition, Don Evans, Chief Executive of AMS, said: 'The acquisition of MedLogic provides an exciting opportunity to expand our product offering, accelerate growth and enhance shareholder value. We are confident that the combination of AMS' blue-chip partnerships and MedLogic's advanced tissue repair products will help reposition the company in the marketplace'. This information is provided by RNS The company news service from the London Stock Exchange
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