Tiba Medical Announces Major International Expansion Effort

June 1, 2009 – Portland, Oregon – Tiba Medical today announced a major international expansion of its efforts through distribution partnerships for its Ambulo 2400 hypertension diagnostics systems in Canada, Western European and Latin America.  In conjunction with these international expansion efforts, Tiba Medical announced that it recently received the Mayor Export Potential Award from Mayor Sam Adams of Portland, Oregon.

Tiba Medical's Ambulo 2400 systems will be available to customers throughout Canada exclusively from Roxon medi tech (www.roxon.ca).  Founded in 1975, Roxon is a Canadian corporation dedicated to supplying quality specialized equipment to medical facilities across Canada.  Roxon has experienced sales and service personnel in major metropolitan areas in Canada including Montreal, Toronto and Vancouver.


Merat Bagha with Portland Mayor Sam Adams and former Oregon Governor Victor Attiyeh

In Europe, Tiba Medical has established distribution partnerships for the United Kingdom and Ireland, Spain, Greece and Cyprus, as well as Turkey.    In Latin America, Tiba Medical currently has a distribution partner in Argentina.  The company will continue its international expansion efforts in other parts of Europe, Latin America and Asia over the next several months.  To this end, Tiba Medical will be attending a number of major industry trade shows and exhibits over the next few months including Hospitalar '09 from June 2 to 5, 2009 in São Paulo, Brazil; the European Society of Hypertension's meeting from June 12 to 15, 2009 in Milan, Italy; FIME from August 12 to 14, 2009 in Miami, Florida; as well as Medica from November 18 to 21, 2009 in Düsseldorf, Germany.

"We are excited about the availability of our products to customers in these important markets" said Merat Bagha, President and Chief Executive Officer of Tiba Medical.  "Hypertension is a global disease affecting nearly 1 billion people worldwide.  By making our solutions available to cardiologists, nephrologists, general practitioners, pharmacists who diagnose and treat patients, as well as researchers who perform clinical trials for efficacy and safety of drugs and devices, we hope to contribute to better management and care of patients across the globe" said Mr. Bagha.

In a related event, at a ceremony at the Portland City Hall on May 19th, Tiba Medical was recognized by Mayor Sam Adams as the recipient of Honorable Mention in the category of Mayor's Export Potential Award for 2009.  "I am thrilled to honor the work that you are doing and hope to support the continued success of your firm" said Mayor Adams of Tiba Medical's efforts.  Launched this year and organized by the Portland Development Commission, the Mayor's International Business Awards recognize companies in five different categories who develop or expand international trade opportunities as a means of contributing to the overall regional economy.

About Tiba Medical

Based in Portland, Oregon, Tiba Medical offers innovative and affordable hypertension diagnostics solutions.  Tiba Medical is an FDA-registered establishment and certified to be compliant with the ISO 13485:2003, acknowledging that Tiba Medical meets quality system requirements that are recognized across the world.  For more information about Tiba Medical and its products please visit our web site at www.tibamedical.com

PHOTOS: High resolution and low resolution pictures of the Ambulo 2400 are available online, in the Tiba Medical Image Bank.



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