June 23, 2009

MedAssets Awards MEDmarketplace.com Contract for Idle Capital Equipment, Hospital Equipment and Supplies

FT. Lauderdale, FL (June 23) --- MEDmarketplace.com announced that it has been awarded a purchasing agreement by MedAssets Supply Chain Systems, effective June 1, 2009. MEDmarketplace.com, headquartered in Florida, provides a Web-based exchange for buying and selling of unused and excess medical equipment.

Under the agreement, MedAssets customers, including 1,800 hospital and IDN facilities and non acute care providers, will have the opportunity to display and sell their unused and excess assets on the MEDmarketplace.com website.

"We are very excited to join forces with a powerful organization like MedAssets that recognizes the monumental potential of supply chain management technology," said Vincent Baratta, MEDmarketplace.com founder and CEO.

"We believe that MEDmarketplace.com will be an asset to our portfolio of contracts designed to give MedAssets' customers a comprehensive and flexible approach for capital equipment life cycle management," said Mark Miriani, president, MedAssets Supply Chain Systems.

About MEDmarketplace.com

MEDmarketplace.com—the world’s largest on-line marketplace for selling hospital equipment—provides innovative, cost effective and revenue generating services to hospitals and alternative care facilities. MEDmarketplace.com is ranked number 1 in hospital equipment, medical equipment, and medical supplies, among other related terms, on all major search engines. These rankings have helped to solidify the Company’s status as the leading global medical marketplace for healthcare facilities, providers and consumers searching for medical equipment and supplies. Ziegler HealthVest Partners, LP is the lead institutional investor in MEDmarketplace.com.

About Ziegler HealthVest Partners, LP

Ziegler HealthVest Partners, LP, based in Milwaukee, WI, is a venture capital fund that invests in early-to-middle stage healthcare services, healthcare information technology and wellness companies. They are the lead institutional investor in MEDmarketplace.com. The Ziegler Companies, Inc. (symbol: ZGCO) is a growth-oriented boutique investment banking and investment services firm.

Press Contact:

Contact:  Tom Armor
Company:  MEDmarketplace.com
Phone:  954-491-5111
Email:  tom.armor@medmarketplace.com