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AIM Health Group Inc. and Med-Emerg International Inc. Announce Completion of Previously Disclosed Merger Transaction
Date:1/20/2009 

    AIM and MedEmerg Combine to Form One of the Largest Medical Health
    Services Companies in Canada

TORONTO, Jan. 20 /PRNewswire-FirstCall/ - AIM Health Group Inc ("AIM") (TSX: AHG-V), a fully integrated health care company, and Med-Emerg International Inc. ("MedEmerg") (OTCBB: MDER), one of Canada's leading providers of health services, announced today that they have completed the previously disclosed all-stock merger transaction. The combined company is expected to have annual revenues in excess of Cdn$55 million and will be one of the largest Canadian health services providers, offering one of the most comprehensive packages of medical health services in Canada. It is anticipated that the synergies generated from this business combination will result in significant revenue opportunities and cost savings.

The transaction was completed by way of a court-approved Plan of Arrangement (the "Plan") under the Business Corporations Act (Ontario). Pursuant to the Plan, AIM issued 0.78091 of an AIM common share for each MedEmerg common share with the existing MedEmerg shareholders representing an approximate 43% interest in the combined company. In addition, Calian Technologies Ltd., the sole holder of Series 1 Special Shares of MedEmerg, exchanged all of such shares for a convertible debenture of AIM. The Plan, which required the approval of 66 2/3% of the votes cast by the shareholders of MedEmerg at a special shareholders' meeting, received the overwhelming support of the MedEmerg shareholders, with more than 90% of the votes cast in favour of the transaction. Mr. David Kassie, Chairman and CEO of Genuity Capital Markets and Mr. Sidney Braun, President of ROMlight International Inc., both shareholders of MedEmerg, will be appointed to the Board of Directors of AIM at its next annual shareholders' meeting.

Lu Michael Barbuto, President and CEO, of the AIM Health Group said, "We have spent the last three months working
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SOURCE AIM Health Group Inc.
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