BNYN Banyan Corporation (CE)

Banyan Corporation (OTCBB:BNYN) announced that its wholly owned subsidiary, Premier Medical Group (�PMG�), of Boca Raton, Florida, is expanding its diagnostics testing operations to Puerto Rico, expecting to add $420,000 in yearly revenue. Michael Gelmon, CEO of Banyan Corporation, stated: �This move is a natural extension of the PMG diagnostic testing business into a territory which is under serviced. By expanding into this new market place we believe we can generate significant new business.� PMG specializes in Nerve Conduction Velocity testing across the United States. The expansion into Puerto Rico is just one of several new programs planned for 2009 that will greatly expand PMG services. About Banyan Corporation: Banyan Corporation is a publicly traded holding company focused on investing in and building a network of operating subsidiaries engaged in various innovative businesses. Currently the company�s subsidiary, Chiropractic USA, Inc. is focusing on the branded Chiropractic clinics throughout North America by way of franchising and licensing locations and the use of uniform operating systems and practices. The company�s other subsidiaries, Premier Medical Group LLC, provides diagnostic testing services to physicians nationwide. This Press Release contains or incorporates by reference forward looking statements including certain information with respect to plans and strategies of Banyan Corporation. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words �believes�, �suggests�, �anticipates�, �plans�, �expects�, and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Banyan Corporation operations that could differ materially from those indicated by such forward looking statements.