Medical Connections, Inc. (OTCBB: MCTH), a national provider of medical recruitment and staffing services, is pleased to provide this corporate update to the financial community which outlines the recent acceleration in the company’s current business trend.

Medical Connections has completed the final phases of due diligence of the acquisition of a national healthcare staffing company. Medical Connections is in the final stages of completing this acquisition and hopes to have it completed within the first quarter of 2010. The addition of this acquisition is potentially great news for Medical Connections and its shareholders. This national company runs a strong, profitable operation with virtually the same business lines as Medical Connections.

Medical Connections, Inc. highlights from the second half of 2009:

  • Entered into a Letter of Intent to acquire a national healthcare staffing company, whose 2008 revenue exceeded $50,000,000.
  • Retained Joseph Gunnar & Company as its exclusive investment banker.
  • Finalized implementation of Microsoft ERP software platform.
  • Amended lease on new office space and realized significant cost savings.

Medical Connections, Inc. is a national provider of medical recruitment and staffing services. Established in 2002 to satisfy the increasing need for highly qualified healthcare professionals, the Company’s business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives. The Company provides recruiting and staffing services for permanent and contract positions, leaving options for both clients and candidates to decide the optimal formula for working together.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, as a result of either the matters set forth or incorporated in this report generally or certain economic and business factors, some of which may be beyond the control of Medical Connections. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital to support our operations, projections of revenues and profitability and other risks described in our 10-K for our fiscal year ended December 31, 2008. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.

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