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The Quantum Group Announces Continued Growth of Patient Base and Preliminary Revenue Guidance
Date:11/12/2008

WELLINGTON, Fla., Nov. 12 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (Amex: QGP) (http://www.QuantumMD.com), a Wellington, Florida based healthcare organization, in anticipation of a scheduled presentation to be delivered at Paulson Investment's Westergaard Conference by Quantum President & CEO Noel J. Guillama later this morning, announced today that it has increased the active patient base to over 3,650 using the community health systems (CHS) established by Quantum subsidiary, Renaissance Health System of Florida, Inc.(http://www.rhsfl.com/)

The Company also announced that it has begun the process of closing year end financials as October 31st marked the conclusion of fiscal year 2008. The Company expects actual audited results on or about January 29, 2009 and notes that the extensive process includes the financial reconciliation with numerous health plan partners. At this time, Quantum anticipates reporting revenues in the range of $15 to $16 million for fiscal year 2008. Further, the Company believes this figure translates to an annualized run rate greater than $25 million and expects this growth trend to continue to accelerate through 2009.

The traditional Medicare Advantage Open Enrollment period begins November 15, 2008. Noel J. Guillama, President & CEO, commented, "We are pleased to have demonstrated continued growth as we prepare for Open Enrollment to commence. I look forward to sharing this news with the attendees at the Westergaard Conference during today's presentations."

Mr. Guillama is presenting at Westergaard with Pete Martinez, Senior Vice President and Chief Technology & Innovations Officer
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SOURCE The Quantum Group, Inc.
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