Teleos Healthcare, LLC Formation

Wednesday, August 16, 2006 – Indianapolis, Indiana – Teleos, Inc. announces formation of Teleos Healthcare, LLC. The founders of Teleos, Inc. are pleased to announce the formation of Teleos Healthcare, LLC. This newly founded company will service the medical distribution, specialty healthcare retailers, and general pharmacy markets with a family of medical products designed to improve the lives of American and European consumers. The initial emphasis of the newly formed company will be a patent-pending product designed by a hemophiliac for people struggling with bleeding disorders. Future product launches are expected to utilize Teleos Healthcare’s channels to the retail and specialty medical products distribution channels.

In addition to its focus on consumer products, Teleos provides a family of services ranging from fee-based analysis services in the field of product design, regulatory compliance evaluation or intellectual property review to more comprehensive development of business strategies for assisting Asian businesses more intelligently access the North American market. Additional services offered by Teleos include providing Asian businesses with the ability to hire employees through Teleos with Teleos providing administration of benefits and salaries. Clients selecting these services may also access Teleos’ billing and expense oversight allowing the client-OEM to focus its resources in other areas.

The company’s primary focus will be on technology companies whose emphasis is on differentiating themselves from their competitors not purely on price, but on innovative product design and marketing. Teleos clients are transitioning from a cost-only competitive model to a business model predicated on unique products reflecting their eagerness to adapt to new technologies.