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Vantage Health Submits Tender Documents for Tanzania Medical Stores Department and University of Dar es Salaam Procurement Tenders
Date:9/15/2011

CAPE TOWN, South Africa, Sept. 15, 2011 /PRNewswire/ -- Vantage Health (OTC:BB – ticker symbol VNTH), (the "Company") announced today that its medical supply tender submissions (the "tender", "tenders") have been accepted by Tanzania's Medical Stores Department, and separately, the University of Dar es Salaam. The tenders will not be adjudicated, and the Company will not be made aware of any award in this respect, until December 02, 2011. The Company had previously announced its intention to bid in a United Republic of Tanzania ("URT") essential medicine government tender in July of this year, but was ultimately unable to successfully participate as a result of certain URT government technical requirements. However, the Company, on this occasion, submitted its tender bids in full compliance with all URT regulatory requirements, and has had its tender submissions accepted on technical grounds. The combined gross value of the tenders submitted by the Company amounts to approximately US$1.8million over 12 months, while deliveries by the successful bidder/s are expected to begin in February, 2012.

Dr. Lisa Ramakrishnan, President and CEO of Vantage Health, commented: "The requirements for participation in government tenders as a future supplier are always fraught with technical issues, regardless of the size of the tenders. Bidding on foreign government tenders means familiarizing the Company with specific bidding protocols, and in Tanzania, through our local subsidiary, Vantage Health Tanzania Limited ("VHTL") we have had to acquaint ourselves fairly quickly with that process. Notwithstanding the fact that the tender process is conducted in a way which precludes the possibility of knowing in advance what pricing or quantity levels other participants may have included in their bids, it is our belief that VHTL has bid on those portions of the tenders at levels that make us truly competitive, and as such, we hope that VHTL will be favorably considered when
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