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Wound Management Technologies, Inc. Announces Agreement with QX Partners, LLC
Date:4/21/2009

FORT WORTH, Texas, April 21 /PRNewswire-FirstCall/ -- Wound Care Innovations, LLC, a subsidiary of Wound Management Technologies, Inc., (OTC Bulletin Board: WNDM), announced today that it has entered into an agreement with Quad Xenos Partners, LLC (QX Partners) to market and distribute their advanced wound care collagen product, CellerateRx(R) to federal government agencies. QX Partners is a Service Disabled Veteran Owned Small Business (SDVOB) that provides expertise and federally mandated leverage to small and mid-sized companies seeking to sell their products and services into the federal government. Their unique status and expertise in government affairs elevate their clients to the capability levels of their larger competitors for the long term. By law, a SDVOB must receive at least 3% of all government contracts and small/disadvantaged businesses warrant up to 20% of all government contracts. According to the Department of Veteran's Affairs (USAspending.gov) FY 2008, the VA spent over $5.5 billion on drugs, biologicals, and medical/surgical equipment and supplies. That did not include the potential for CellerateRx to be included into DOD medic kits, FEMA care packages, and other government agency purchases.

"We are excited about the opportunities presented by this relationship," said Cathy Bradshaw, President of Wound Care Innovations. "It will enable us to facilitate government sales in the many inpatient and outpatient VA centers around the country as well as the other government agencies." CellerateRx(R) is FDA cleared as a medical device and is indicated for all acute and chronic wounds except for 3rd degree burns.

"QX Partners is very pleased to team with Wound Care Innovations as this marks both companies' escalated engagement of the federal government-Veterans Administration hospitals in particular. We strongly believe that the combination of a Service Disabled Veteran Owned Small Business focused on sel
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SOURCE Wound Management Technologies, Inc.
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