The Quantum Group Completes Acquisition of Medical Practice Management Software Platform

The Quantum Group Completes Acquisition of Medical Practice
Management Software Platform 


WELLINGTON, Fla., Dec. 16  /PRNewswire-FirstCall/ -- The Quantum Group, Inc.
(OTC:QTUM) (BULLETIN BOARD: QTUM)  today announced that it has completed its
acquisition of the assets of an Application Service Provider (ASP) currently in
beta testing that provides practice management solutions from a company based
in South Florida.  The software package includes source code, copyrights,
existing relationships and all intellectual and marketing rights, and further
provides HIPAA-compliant electronic medical billing and financial management
for medical practices.

Mr. Noel J. Guillama, President and CEO of The Quantum Group, commented, "The
acquisition of this platform marks the completion of another stage in the
mission of The Quantum Group to be a total solutions provider for the
healthcare industry.  Our team is now charged with making improvements to the
existing product; developing innovative new features that will provide and
manage health information system processes for physicians at lower up front and
residual cost."  Guillama added, "This will in turn allow the doctor to avoid
investing in new hardware or software updates going forward and could be a
foundation for the industry's highly sought electronic healthcare record system
in the future."

The new software will be powered by Cybernaptics(SM), Quantum's revolutionary
patent-pending business process that will facilitate interconnectivity with
most touch points in the healthcare system, and provide advanced communication
between cross-functional applications and products. Quantum will begin testing
the software immediately and will subsequently upgrade, re-deploy and market
the final ASP product. The ASP software is written in C (sharp) and on a
Microsoft.net platform.

An ASP is a third-party system that provisions software applications over the
Internet.  The physician accesses remote, centralized computer servers that are
hosting the application and is responsible solely for the end-results obtained
through utilization of the application. Quantum, the ASP provider, is
responsible for the initial and daily maintenance of the medical billing and
collections software itself.

The company, recently accepted as a Microsoft Independent Software Vendor,
expects to commence beta testing in a controlled environment within ninety
days, with a market-wide rollout shortly thereafter.

The Quantum Group, Inc. is a Wellington, Florida-based healthcare company,
providing outsourcing, technology-based solutions, government compliance,
education, policy consulting and venture management to the healthcare industry.
Quantum is currently involved in: outsourcing for physicians, managed care
organizations, healthcare facilities, and physician associations; developing
three patent-pending healthcare solutions identified as Cybernaptics(SM),
Quantum Quotient(SM) (or QX2)(SM) and MDAutomated(SM), all with the intention
to provide new efficiencies to the $1.6 billion U.S. healthcare system; and
providing leading-edge healthcare services to consumers.  The Quantum Group --
"healthcare solutions for a new generation."(SM)

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 model, 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 report will,
in fact, occur.

   Media Contact:
   Danielle Amodio
   Director of Corporate Communications
   The Quantum Group, Inc.
   561.798.9800


DATASOURCE: The Quantum Group, Inc.



CONTACT:  Danielle Amodio, Director of Corporate Communications, The

Quantum Group, Inc., [phone]



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

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