MMD Entering into agreement with Bioline Supply to distribute the CompuFlo Epidural System and related disposables across Spain

The Board of Directors of Milestone Medical Inc. (WAR: MMD, “the Company", “the Issuer"), today announced that it entered into an agreement with Bioline Supply to distribute the CompuFlo® Epidural System and related disposables in Spain. In connection with the agreement, the Company commenced sales and shipments of its CompuFlo Epidural Instrument and consumables to Spain.
Founded in 2000, Bioline Supply is a supplier of medical devices and equipment, supporting many hospitals and pain clinics across Spain, with a specialized presence in certain medical disciplines, including anesthesiology, surgery, and non-vascular intervention. The Board of Directors of the Company is pleased to enter into this distribution agreement with Bioline Supply and believes that Spain represents an important market for us with a population in excess of 48 million people and a growing number of epidural procedures each year in pain management and anesthesiology. Bioline Supply and its principals have extensive relationships with physicians, pain clinics and hospitals, as well as a proven track record of introducing new medical devices in Spain, which should be invaluable as the Company seeks to expand its European and international market presence.