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WNDM to Acquire Medical Device Distributor Juventas; Bryant Gaines Named WNDM COO Effective Immediately
Date:11/30/2011

agement.

Acquisition Provides New Management

As part of the agreement, Juventas principals Jeff Ott and Bryant Gaines have agreed to provide their management services to WNDM.  Juventas COO Bryant Gaines has been named COO of Wound Management effective immediately.  He will work with CEO Scott Haire and President Deborah Hutchinson  to integrate the Juventas distribution network into WNDM and plan the strategic direction of the combined companies.

According to Bryant Gaines, "Juventas chose to be acquired by Wound Management because of the opportunities we see in the combined company. We know that with WNDM's proven products and our proven distribution practices, growth will be accelerated at a rate WNDM has not previously experienced. We are currently evaluating additional core products to add to our current offering for 2012 along with ancillary products to complement our existing product offerings."

"Bryant Gaines and I are excited to become a key part of the WNDM Management team," added Jeff Ott, Juventas President & CEO.  "The synergy in the acquisition is in the leveraging of past managerial experience in Medical Device distribution with the near limitless potential of CellerateRX and the other product lines developed by Wound Management.  Both parties in this acquisition will define success by how well and how quickly we penetrate markets and build shareholder value."

"Goal is to Build Shareholder Value"

"The agreement to acquire Juventas is a watershed event for Wound Management Technologies," according to Chairman and CEO Scott Haire.  "The marrying of our advanced wound care products with the superior medical device distribution network developed by Jeff Ott and Bryant Gaines at Juventas creates a value-driven enterprise for a fast growing public company and fully aligns all parties on increasing value. The deal is driven by one goal: to build long-term
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SOURCE Wound Management Technologies, Inc.
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