Meridian Enters the US Market.

Business Editors, Health/Medical Writers

LOS ANGELES--(BW HealthWire)--June 20, 2002

Meridian Co., Ltd. (OTC BB: MRDAF) is pleased to announce that a California University, South Baylor University Research Center has requested the Meridian II for clinical testing. The Meridian II is a computer-assisted meridian assessment and evaluation device. After the first month of testing the University requested several more of the Meridian II, which will be placed in Anaheim and Los Angeles campuses as training equipment for Oriental Medical Intern Program.

South Baylor University is one of the major Oriental Medical / Acupuncture Schools in California and is part of one of the largest Oriental and alternative medical states in the US. The Company incorporated its US entity as Meridian America Medical Inc (MAMI), in February 2000, in preparation for meridian a launch into the US market. The newly formed company MAMI managed to achieve US $150,000 sales in the initial two months after incorporation and expects a significant increase in sales during the next quarter.

When the Meridian Products started to be used in Oriental Medical schools, it is not only good for short-term sales, but also increase its reputation long-term, said H.Y. Park, President of MAMI and former marketing manger of Meridian Co., Ltd.

MAMI currently sells 3 meridian lines, Meridian II, Meridian-plus, and Meridian-portable; they expect to sell ABR-2000, an automatic whole body-screening device and McPulse, a pulse waveform analyzer in second half of this year in the US market when they obtain FDA approval.

U.S. Office

MERIDIAN AMERICA MEDICAL INC.

11075 Knott Ave.

Cypress CA 90630

Anthony Lee

Tel: [phone]

Fax: [phone]

Toll Free: 1 866 802 1222

This corporate update has been posted on the company's website, www.meridian.co.kr in May 2, 2002. None of the information contained in this statement has been replaced or modified from the previous release.