September 1, 2010

MEDmarketplace.com signs contract to provide Premier, Inc asset liquidation services

FT. Lauderdale, FL (Sept 1) --- MEDmarketplace.com announced today that it has been awarded a contract by Premier Purchasing Partners, L.P., the group purchasing unit of Premier, Inc. to sell surplus hospital equipment and supplies for Premier members. MEDmarketplace.com is the world’s largest on-line marketplace for liquidating surplus hospital equipment and supplies.

Under the agreement, 2,400 Premier US member hospitals and nearly 70,000 other healthcare sites will have the opportunity to display and sell their unused and excess assets on the MEDmarketplace.com website.

"We are very excited about the opportunity to assist Premier member hospitals and other healthcare sites in recapturing revenue from excess hospital equipment and supplies. Utilizing our network of 700 brokers Premier members will recognize maximum dollar returns for transactions while eliminating the need for costly storage space," said Vincent Baratta, MEDmarketplace.com founder and CEO.

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 the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient

Premier is a performance improvement alliance of more than 2,400 U.S. hospitals and nearly 70,000 other healthcare sites working together to achieve high quality, cost-effective care. Owned by not-for-profit hospitals, Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has offices in San Diego, Philadelphia and Washington. http://www.premierinc.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