Re Agreement

NMT Group PLC 14 October 2002 14 October 2002 New Medical Technology Announces Global Supply Agreement with Roche New Medical Technology Group PLC (NMT), the manufacturer of retractable devices to prevent needlestick injury, announces today that it has signed a Global Supply Agreement with Roche, one of the world's leading pharmaceutical companies for the supply of its 1cc and 3cc automatic retractable safety syringes. The NMT Safety Syringe will be packaged alongside Roche's FUZEON(R) (enfuvirtide; formerly known as T-20), a revolutionary new drug for the treatment of HIV. Marketing authorisation applications for FUZEON(R) have been submitted in the USA, EU, Canada and Switzerland. It is anticipated that Fuzeon(R) will be commercially launched in Europe and the US from early 2003. Most patients will be using Fuzeon(R) either in their own homes or at work, and it is therefore of paramount importance that patients are supplied with an easy to use system that is equipped with a safety device intended to reduce the possibility of a needlestick injury. The NMT Safety Syringe will be used to draw up and mix the medication before actually being injected by each patient. The NMT Safety Syringe features automatic needle retraction technology that is activated as the user fully depresses the plunger at the completion of the injection process. After having been automatically retracted, the needle is safely stored in the barrel after use, thereby virtually eliminating needlestick injuries. Commenting on today's news, Roy Smith, Chief Executive of NMT, said: 'I am delighted that we have reached agreement with Roche, one of the world's leading pharmaceutical companies, for the supply of our retractable technology. This agreement represents a highly significant milestone in the history of NMT and provides us with further validation that our product is the leading edge technology in the prevention of exposure to blood borne pathogens. Furthermore I would wish to express my personal appreciation to our employees for their support during this difficult period. We have secured a contract, which I believe is the largest for retractable syringes and this achievement should create the platform for further commercial success. We look forward to a long and successful business relationship with Roche.' Enquiries: NMT Group PLC Roy Smith, Chief Executive Officer 01590 687901 Gerard Cassels Chief Financial Officer 01506 445049 Financial Dynamics Jonathan Birt/Fiona Noblet 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange
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