MedSpeed and LifeShare Form a Transportation Partnership

FOR IMMEDIATE RELEASE

MEDSPEED AND LIFESHARE FORM A TRANSPORTATION PARTNERSHIP

-Rapidly Growing Healthcare Logistics Company Expands Operations to Ohio-

CHICAGO, Feb. 1, 2007 - MedSpeed LLC, a rapidly growing healthcare transportation and logistics company, today announced it has formed a transportation partnership with LifeShare Community Blood Services based in Elyria, Ohio. LifeShare is a community-focused nonprofit organization committed to providing a safe and adequate blood and component supply for patient healthcare in Northeast Ohio.

To support the transportation outsourcing relationship, MedSpeed will open hub operations in Elyria, Ohio serving northern Ohio. The operation will integrate business processes to collect blood donations from both fixed and mobile draw sites as well as to deliver blood products to  mLifeShare customers. "The nature of our business demands specialized services not available from traditional courier companies," said Richard Cluck, chief executive officer of LifeShare.
"MedSpeed understands community blood centers and will implement a flexible transportation platform for LifeShare today and in the future."

The MedSpeed business model extends the values of its clients into the marketplace by utilizing an employee-based workforce, company-owned fleet vehicles and proprietary healthcare scanning and tracking technology. Mike Dash, technical director of LifeShare states, "MedSpeed's business structure and quality program align perfectly with our service requirements and will ensure the highest levels of client satisfaction."

"We are very excited to be entering the Ohio marketplace as a part of the LifeShare team," said Jake Crampton, chief executive officer of MedSpeed. "We are confident that our transportation solution will position LifeShare for additional growth and we welcome them to the MedSpeed outsourcing community."

About MedSpeed:
MedSpeed is an innovative provider of transportation and logistics services to the healthcare industry. Through a consultative process, MedSpeed designs and executes outsourcing solutions for integrated healthcare delivery networks, independent clinical laboratories, institutional pharmacies and blood banks. The MedSpeed partnership model allows clients to improve service, reduce costs and focus on core goals and objectives. Headquartered in Elmhurst, Ill., MedSpeed provides services to leading healthcare organizations throughout the Midwest. For
more information, visit www.medspeed.com.

Contact Information:
Steve Muscarello | Founder and Chief Marketing Officer
MedSpeed | Moving Healthcare Forward
202 S. Cook Street | Suite 207 | Barrington, IL 60010
t 847 382 2444 c 630 935 0917 f 847 382 2422
[email protected] | www.medspeed.com

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Open QuotationMedSpeed is truly a great business partner. They provide customer focused, cost-effective, technology and processes that we were unable to achieve with our prior courier modelClose Quotation

Rich Mencel, Director of Materials Management, North Memorial Health Care