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The Quantum Group Receives a NYSE Amex Notification of a Listing Deficiency
Date:3/20/2009

WELLINGTON, Fla., March 20 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (NYSE Amex: QGP) (www.QuantumMD.com) has reported that Quantum received notice on March 17, 2009 from the NYSE Amex (formerly American Stock Exchange (the "Exchange")) notifying the Company that it is not in compliance with Section 1003(a)(iv) of the Company Guide. Specifically, the Exchange staff noted that the Company sustained losses which are so substantial in relation to its overall operations or its existing financial sources that it appears questionable, in the opinion of the Exchange, as to whether the Company will be able to continue operations and/or meet its obligations as they mature.

Noel J. Guillama, Quantum President & CEO, commented on these developments, "Quantum completed a public offering in the middle of an economic crisis on December 13, 2007, and since that time economic conditions have continued to deteriorate. Many companies have contracted, or literally gone out of business since that time. Quantum has continued to perform as we reported year over year revenue growth of 288% (Fiscal Year 2007 to Fiscal Year 2008), filed for 18 provisional patents, and recently deployed what we believe to be the most comprehensive, patient-centric health information platform in the country - PWeR(TM) (Personal Wellness electronic Record). We have not stopped looking for additional capital resources, and have been engaged in active discussions with current stakeholders to assist the Company in providing our plan to the NYSE Amex. The focus of our plan will be three-fold: Successfully regain compliance as an NYSE Amex listed company for the benefit of our stakeholders, continue our efforts to enhance shareholder value by sustaining our triple-digit growth rate, and continue our active pa
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SOURCE The Quantum Group, Inc.
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