Hoana Medical to Present at Medtech Insight's ``Investment In Innovation'' Conference.

SAN FRANCISCO -- Hoana Medical has announced that it will be presenting on Wednesday, June 15th, at 9:25 a.m. at Medtech Insight's Prestigious "Investment In Innovation (In3): A Preview of Early-Stage Medical Technology Companies" Conference, taking place June 14-15, 2005 at The Palace Hotel in San Francisco, CA. Hoana Medical will demonstrate its revolutionary new LG1(TM) Intelligent Medical Vigilance system that passively monitors patient condition.

This fall, Hoana plans to begin commercial sales of its LG1(TM) technology that transforms any hospital bed into a patient monitoring system without the use of electrodes, leads, cuffs or canula. It observes and analyzes the patient's physiological condition, notifies and alarms when a negative event is identified. This helps address the risk of "failure to rescue," part of the nearly 200,000 patients each year that unnecessarily die in U.S. hospitals. The need for LG1(TM) is great. Eighty-five million aging "baby boomers" are taxing America's healthcare system, a phenomena exacerbated by an epidemic nursing shortage of approximately 126,000 Registered Nurses, growing to over 800,000 by 2010. Growing hospital census rates with higher acuity levels, combined with fewer nurses has led to "tens of thousands of preventable hospital deaths," according to Dennis O'Leary, President of JCAHO (Joint Commission on Accreditation of Healthcare Organizations), which evaluates and accredits more than 15,000 health care organizations and programs in the United States. With approximately $13M in private equity and $11M in VA funding, clinical testing is ongoing at numerous private and military hospitals. For more information, please visit www.hoana.com.

Medtech Insight, a division of Windhover Information Inc., is the leading provider of business information and market intelligence for the medical technology marketplace. To register for the "Investment In Innovation" conference or for more information on Medtech Insight, please call Kristy Grimes at 480-985-9512, e-mail [e-mail], or visit www.medtechinsight.com.