Quantum Offers Affiliated Physicians Full Range of Insurance Products: Opening Satellite Office to Accommodate Expansions

WELLINGTON, Fla., June 8  /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (OTC:QTUM) (BULLETIN BOARD: QTUM)  ( http://www.qtum.com/ ) announced today that it has begun operations of The Quantum Agency, Inc., a wholly owned subsidiary of the Company, and has secured staff and licensure to provide a full range of insurance products to its 700-plus affiliated physicians, as well as the medical community at large. Initially, the services will be provided in South Florida with plans to expand to Central Florida by the end of the year.

Noel J. Guillama, President of The Quantum Group, commented, "It has always been part of our plan to provide cost effective and efficient solutions to our physician clients.  With the addition of this new office space, and through securing highly experienced management personnel, we will provide a full range of insurance products for the medical community effective immediately. Our original goal for The Quantum Agency was to provide a reliable source of medical malpractice insurance to our physicians; however our physicians directly requested even more options, and in response we have expanded our services to include life, health, disability, workers' compensation, liability and all lines of commercial insurance."

Barbara Roqueta, Vice President of Provider Operations, noted, "Our entire team and affiliated physicians are very excited by this development.  In addition, my team of Provider Specialists has been energized by the reactions we are getting from the recent unveiling of our billing and collections initiative. Our goal as a company is for the physician to see us as a single source for cost effective and efficient support services and solutions."

Mr. Guillama further commented, "Several expansions of our current offerings are in the final stages and we expect to have periodic additions to the range of services accessible to our physicians."

The Quantum Agency's website ( http://www.thequantumagency.com/ ) is expected to be launched within the next two weeks.

The Quantum Group, based in Wellington, Florida, is part of a strategic group of healthcare companies, with Quantum positioned as the parent.  In conjunction with its subsidiary companies, which include Renaissance Health System of Florida, Inc. (RHS) ( http://www.rhsfl.com/ ) and Quantum Medical Technologies (QMT), Quantum strategically addresses many of the service, management and technology needs of managed care organizations, physicians, healthcare facilities and physician associations that bring increased and highly valued efficiencies to the $2.1 trillion U.S. healthcare system.  The opportunity is to leverage and cross-promote the services and products of each respective organization with one another to capitalize upon the potential of this impressive target market.

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 uncertainties and risks in part detailed in the respective Company's Securities and Exchange Commission 10-K, 10-Q, 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 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 additional capital to implement new business models, the ability to attract and retain personnel, and the inherent risk associated with a diversified business to achieve positive cash flow. 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, The

Quantum Group, Inc., [phone]



Web site:  http://www.qtum.com/

http://www.rhsfl.com/ 

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