Medical Institutional Services Holdings Signs With Q-Med AB

FORT LAUDERDALE, FL--(Marketwire - May 29, 2008) - Medical Institutional Services Holdings, Inc. (PINKSHEETS: MIHS) -- MIHS is very excited to announce the signing of contracts and financing agreements with Q-med. Q-med is one of the nation’s leading wholesale suppliers of medical equipment as well as medical supplies. “The signing of this contract is of great significance to MIHS. Contracts of this nature will enable this organization to fill many voids in the demand for healthcare supplies to hospitals and clinics. We will also be able to streamline product purchasing and receiving functions and consolidate master distribution,” said Ron Berman, President of MIHS. These many features will enable MIHS to lower total delivered costs of products and improve overall profitability. We hope that all our shareholders enjoyed the Memorial Day Holiday and we look forward to many new events in the coming months.

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