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ADVANCED MEDICAL INC. MAKES MANAGEMENT CHANGES AND STEPS UP FOCUS ON IMED SUBSIDIARY

 Jeffry M. Picower Named Co-Chairman, Stanley S. Anders III
 Named Interim President
 SAN DIEGO, March 8 /PRNewswire/ -- In the first in a series of steps designed to accelerate achievement of its strategic growth and profitability objectives, Advanced Medical Inc. (AMEX: AMA) announced today its intent to restructure corporate overhead to save approximately $3,000,000 in annual expenses, and in connection with the restructuring, the company expects to record a pre-tax charge of approximately $1,500,000 in the first quarter of 1993.
 Advanced Medical also announced that Jeffry M. Picower has been elected to the board of directors and has been appointed as co- chairman of the board of directors, a position he held from 1988 to 1989 in Advanced Medical's predecessor company, Advanced Medical Technologies Inc. Picower will share the board chairmanship with Richard D. Propper, M.D.
 Co-chairman Propper added, "Jeff Picower, with his impressive record of accomplishment over many years, will be an important addition to our board as we focus all of the company's resources on the single goal of achieving IMED's full business potential."
 "Our goal is to build value for Advanced Medical's shareholders by stimulating the growth and profitability of IMED, a world leader in intravenous infusion pump sales and technology. We are planning additional actions to reduce costs by simplifying and rationalizing the company, and to speed the development and commercialization of new patented products," Picower said.
 In connection with the corporate restructuring, Advanced Medical also announced management changes which expand the responsibilities of chief financial officer Stanley S. Anders III to include the additional post of interim president. Henry Green, who previously served as president and chief operating officer, will remain on the board of directors and serve the company as a consultant.
 Since 1984, Picower, 50, has been chairman of the board and chief executive officer of Monroe Systems for Business Inc., a worldwide office equipment, distribution, and service organization.
 Advanced Medical Inc., through its IMED Corp. subsidiary, is one of the country's largest manufacturers of intravenous infusion pumps and disposable administration sets.
 -0- 3/8/93
 /CONTACT: Stanley S. Anders III, president of Advanced Medical, 619-566-0426, or Dr. Neil G. Berkman of Berkman Associates, 310-277-5162/
 (AMA)


CO: Advanced Medical Inc. ST: California IN: MTC SU: PER

MS -- SD007 -- 4046 03/08/93 13:11 EST
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Publication:PR Newswire
Date:Mar 8, 1993
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