Re Korean Reimbursement Code

Deltex Medical Group PLC 10 April 2002 10 April 2002 Deltex Medical Group plc ('Deltex Medical' / 'Group' / 'Company') CARDIOQ AWARDED REIMBURSEMENT CODING IN KOREA Chichester, UK - Further to its announcement on 14 January 2002, Deltex Medical (AIM: DEMG), the AIM listed haemodynamic monitoring company, is pleased to announce that the Korean Government has now published its reimbursement rate to be used to fund hospitals using Deltex's CardioQTM and related products in the treatment of cardiac and cardiothoracic patients. This reimbursement approval signals a significant step forward in the development of Korea as a market for the CardioQTM, one which the Group believes has considerable potential for growth. Commenting, Nigel Keen, Deltex Medical's Chairman, said: 'We regard Korea as a market with considerable potential and we have received considerable interest to date from the medical community. Working closely with our distribution partner, E-Wha International Inc., we are now very well positioned to develop the excellent opportunities in the Korean market.' Korea represents a large and growing healthcare market*, with over 46 million inhabitants. In 1998, healthcare expenditure was over US$13.9 billion (5% of Korea's Gross Domestic Production) and, in 2000, the Korean market for medical equipment and supplies was valued at US$960 million. * source - Medistat -ends- For further information, please contact: Deltex Medical Group, plc +44 (0) 1243 774837 Nigel Keen, Chairman and Chief Executive Ewan Phillips, Chief Financial Officer Financial Dynamics +44 (0)20 7831 3113 Stephanie Highett/Sarah Mehanna Notes to Editors Deltex primarily develops, assembles and markets a cardiac function monitor and therapy guidance device, the CardioQTM ('CardioQTM'/'Monitor'). The CardioQTM incorporates the Company's proprietary software and a narrow, easy-to-use, minimally invasive, disposable oesophageal probe, used for transmitting and receiving an ultra-sound ('Doppler') signal. By using this Doppler technology, the CardioQTM provides clinicians with an early warning on the haemodynamic condition of critically ill patients. This continuous, real-time monitoring facilitates the administration of fluids or drugs in a timely fashion and provides an provides an immediate assessment of their impact. There are already over 600 CardioQTMs currently in use in hospitals worldwide and distribution arrangements are in place in over 30 countries. In addition, there are currently more than 75 clinical publications on the use of the CardioQ TM which have repeatedly:- • validated the results of the Monitor against known standards for measuring cardiac output, demonstrating that the technology works • proved that the CardioQTM works over a variety of types of operation • shown that the Company's technology provides significant health and economic benefits by helping to reduce post-operative complications and length of hospital stays by an average of 30 to 40 per cent for a wide range of patients. The Company is also currently developing a number of new products:- • A multi-patient probe for use in specific circumstances in certain markets • The SupraQTM - a monitor based on the CardioQTM technology but using a completely non-invasive probe; the prototype is being prepared for clinical testing in the second half of 2002 • The NeuroQTM - a monitor designed to measure blood flow in the brain; the new prototype is in preparation for clinical trials in the second half of 2002. The multi-patient probe for use in operating theatres in the UK will be launched in July 2002. This information is provided by RNS The company news service from the London Stock Exchange
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