Named Vice President, Chief Technology & Innovations Officer WELLINGTON, Fla., June 25 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (OTC:QNTM) (BULLETIN BOARD: QNTM) (http://www.quantummd.com/) announced today that P.L. "Pete" Martinez has joined the Company as Vice President, Chief Technology & Innovations Officer. Martinez is a former IBM Vice President of Global Business Services and Senior Location Executive for IBM South Florida until his recent retirement from the company. Noel J. Guillama, President & CEO of The Quantum Group commented, "As we built the foundation of what is today The Quantum Group, Inc., we professed the critical role technology would play in our revolutionary structure. Today, I can say we are making a huge leap forward in this regard with the announcement that Pete Martinez is joining our senior management team. Pete's innovative approach, wealth of knowledge and experience, as well as his pioneering spirit make him a perfect addition to our team." Guillama continued, "I have asked Pete to begin at the 50,000 foot view to develop the integrated system which will, in the near future, power the mission of the Quantum Group of companies. He has been given carte blanche to evaluate where we are and to take us where we need to go to develop efficient, quality, proactive, cost effective and innovative healthcare solutions." Throughout his thirty-two year career with IBM, Martinez has led numerous successful entrepreneurial businesses. From a leadership position in IBM's original PC business to pioneering the first electronic services on the Internet and the creation of e-business consulting, he has been an innovator of both business and technology. Most recently, he led a 1,700 person organization composed of consultants, hardware and software developers, industry specialists and sales leaders. In 2003, Martinez led the formation of IBM's largest Human Resource Business Transformation Multi-Client Center, which opened a multi-billion dollar outsourcing business. Previously, he led the formation of business consulting and system integration services in Latin America, a 2,000 person, $200 million business. He was also the first executive of IBM's e-business Strategy Consulting and Consulting Profession Leader for the Americas. Martinez led the IBM University Consortium 'LA Grid' (Latin America Grid) and the advanced pandemic global research initiative 'Project Checkmate'. With a strong technology foundation, Martinez has been able to define creative solutions to business problems. He has worked with banks, manufacturers, governments, biotech firms, hospitals, academia, media firms, and retailers in defining new strategies for cost containment, growth and transformation of processes and market channels. Martinez commented, "Healthcare is one of the few remaining industries that have not leveraged the new business models, processes and technologies of the 21st Century. The opportunity to significantly accelerate cost reductions while improving quality of care is real and mandatory. I believe that The Quantum Group has a laser sharp focus matched with a pragmatic vision of the benefits of coupling technology to care. The potential is very exciting." Guillama, in an address to company stakeholders stated, "We are confident that we have built one of Florida's largest and best healthcare delivery system which will soon be available to over 80% of the Medicare beneficiaries in Florida. Our revolutionary approach to interconnecting our patients, providers, hospitals and payers will be possible through the creation of a new platform for improved and more cost effective care - ultimately eliminating critical time, duplication of efforts and wasted resources which do not provide for better care and outcomes. We believe that we need to convert information held by each party in the delivery cycle, to intelligent systems shared by all for the benefit of our patient's health. I am extremely confident that Pete Martinez is the person to bring it all together." Martinez is a frequent key note at international conferences and has been featured by the Wall Street Journal, USA Today, ABC News, The Economist, Univision and CNN. He has over 20 patents and technical publications in the areas of: computer architecture, robotics, optical disks and display technology. Martinez is a member of the Board of Directors for several organizations in business development and healthcare, and he serves on the Advisory Board of the University of Miami, Florida Atlantic University and Florida International University; the latter for which he is also a visiting professor. Further, Mr. Martinez is Chairman Elect of the Florida Research Consortium. The Quantum Group, based in Wellington, Florida, is one of Florida's largest community based healthcare provider systems. In conjunction with its subsidiary companies, including Renaissance Health System of Florida, Inc. (RHS) (http://www.rhsfl.com/), Quantum provides administrative and support services to the Florida managed care industry as well as to the physicians of Florida. Through our growing number of nearly 1,600 contracted physicians and multiple managed care relationships in the state of Florida, we are strategically positioned to bring increased efficiencies to the over $100 billion Florida healthcare industry. According to an article published in the August 22, 2006 edition of the New York Times (By Gina Kolata), "By 2030, predicts Robert W. Fogel, a Nobel laureate at the University of Chicago Graduate School of Business, about 25 percent of the G.D.P. will be spent on health care, making it 'the driving force in the economy,' just as railroads drove the economy at the start of the 20th century." Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective Company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-K filings, that may cause actual results to materially differ from projections. Although the Company believes that its expectations are reasonable assumptions within the bounds of its knowledge of its businesses, expectations, representations and operations, there can be no assurance that actual results will not differ materially from their expectations. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the Company's ability to execute properly its new business model, to raise substantial and immediate additional capital to implement its continuing business model, the ability to attract and retain personnel - including highly qualified executives, management and operational personnel, ability to negotiate favorable current debt and future capital raises, ability to manage the care of its patients with reasonable medical loss ration, ability to negotiate beneficial managed care agreements with a diversified and expanding provider base, continue to supply the services needed by the HMO clients as well as the growing list of physician clients and the inherent risk associated with a diversified business to achieve positive cash flow. With this announcement the Company has formally embarked on a plan to acquire, build, integrate and or lease technology systems, software and other solutions for its own use and possibly for the sale or lease to other organizations ranging from individual physicians to healthcare delivery systems. The preliminary assumptions are that $30MM will be needed over the next 3 years. The Company believes, but has no assurances that such a project can be built, funded or deployed, and will face substantial obstacles in such an endeavor. This endeavor may distract, divert and interfere with management's other objectives as well as divert resources from other operations. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this press release will, in fact, occur. Media Contact: Danielle Amodio Vice President, Corporate Communications The Quantum Group, Inc. 561.798.9800 DATASOURCE: The Quantum Group, Inc. CONTACT: Danielle Amodio, Vice President, Corporate Communications of The Quantum Group, Inc., +1-561-798-9800 Web site: http://www.quantummd.com/

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