MDXX News .10 Medex to Joint Venture With Senio

CHULA VISTA, Calif., Dec. 17, 2012 /PRNewswire/ -- Medex Inc. (OTC Pinksheets: MDXX) is pleased to announce that it has entered into a joint venture with Senior Mobility Vista Aids headed by Mr. Allen Newsome and based in Vista, CA.

The agreement between the companies is being established in order to form an integrated partnership to greatly extend Medex's scope of services further within the wheel chair DME, and repair and service market. This exciting partnership will enable Medex to gain access to more extensive sites allowing greater expansion and providing the company with more qualified technicians and additional office space.

As a result, Medex will be better able to provide for its existing clients and better positioned for future new contracts currently under negotiation in order to continue to grow its business. By establishing a joint venture with Senior Mobility Aids, Medex will also be able to appoint a VP of compliance to ensure that the highest quality of service and repairs of its clients' equipment is provided, which will meet or exceed current industry standards.

Medicare has entered into a bidding process for San Diego, CA and the surrounding region in partnership with Senior Mobility Aids. If successful Medex will be granted the exclusive rights to work with Medicare recipients that require all sales products and services included in the bid such as power wheelchairs.

By combining Senior Mobility Aids customer product sales focus with Medex's ability to provide exceptional service, the joint venture has the potential to generate significant revenue in the San Diego regional market. Although the winning bid providers has yet to be announced the two companies are moving forward with plans to expand in the area. With a population base of in excess of 3 million people, San Diego County provides an opportunity for Medex to service and repair equipment vacated by the unsuccessful bidders.