MDY Mdy Healthcare

RNS Number:0499Y
MDY Healthcare PLC
08 June 2007



            MDY Healthcare plc: proposed AIM IPO by AOI Medical Inc.



MDY Healthcare plc ("MDY Healthcare") notes the application published today by
AOI Medical Inc. ("AOI Medical") detailing its intention to seek admission to
AIM in late June 2007.  MDY Healthcare currently owns approximately 7.5% of the
issued share capital of AOI Medical prior to any fundraising.


Commenting on the application, Charles Spicer, CEO of MDY Healthcare said:


"We are delighted with the progress AOI Medical has made with its business since
our original investment and wish them every success with the proposed IPO on
AIM.  We intend to participate in the fundraising at the time of the IPO and
will keep shareholders updated with developments."



Contacts:



Charles Spicer, CEO
MDY Healthcare plc
0207 647 1800




About AOI Medical:



Based in Florida, USA, AOI Medical is a developer of novel medical devices
intended to treat vertebral compression fractures, extremity fractures, and
disorders associated with cervical vertebrae degenerative disease. AOI Medical's
products are based on intellectual property owned by the company. The first
product is targeted for launch in the US in Q4 2007. AOI Medical has an
experienced management team and a world renowned clinical advisory panel.



Vertebral compression fractures are typically treated by kyphoplasty (inflating
a balloon inside the vertebrae and replacing the balloon with cement) or
vertebroplasty (repairing the fractures of the vertebra externally to the
vertebrae) represent a large and growing market. Extremity fixation also
represents a large market opportunity and is currently treated by various
methods. Cervical degenerative disease involves the degeneration of disk,
vertebrae and laminas for a number of reasons and is increasingly being treated
by total disk replacement with the next generation of devices targeting facet,
nucleus and annulas amongst others.




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