MedTech Costa Rica Plant Inauguration

FOR IMMEDIATE RELEASE

Contact: Jennifer L. Bivona
Phone: 908-561-0717 ext. 647
Fax: 908-561-3811
Email: jbivona@medtech-grp.com

South Plainfield, NJ, October 18, 2006 - The MedTech Group, Inc. announced the plant inauguration of MedTech Costa Rica, S.A on October 17, 2006. Present at the ceremonial event was The President of Costa Rica, Dr. Oscar Arias Sánchez, along with government officials, the Minister of Presidency, Trade Minister and the Deputy of Economic Section. This new 25,000 square foot facility, which was first opened in 2004 is an FDA Compliant, ISO 13485:2003 certified Medical Device Manufacturing Center. It offers cleanroominjection molding, product assembly and packaging. This plant employs the latest technologyin cleanroom construction, all electric molding machines and full robotics, packaging equipment, a mold repair and tooling facility, as well as the latest quality system, software and equipment.

The MedTech Group President, George Blank noted, “Our investment in Costa Rica is a long-term strategic one. The community of customers there is small at this time. However, we are very pleased with the quality and dedication of our employees, and believe that their performance will make our company a very valuable asset to our customers.”

Since 1979, MedTech has been providing high quality, precision injection molded parts to the medical, pharmaceutical, diagnostic and biotech industries. Our full contract services include original product design & development, tooling design and fabrication, process design and validation, cleanroom injection, insert and two-shot molding, complete device assembly, packaging testing and sterility validation and management.The MedTech Group, Inc. invests extensive time and effort in learning and examining the healthcare market to better understand our customer’s products and their uses.

For additional information on The MedTech Group, Inc., visit our website at www.medtech-grp.com or call 908-561-0717 ext. 647.