The Quantum Group, Inc. Completes Consolidation of Quantum Medical Technologies, Prepares for Launching of New Products and Serv

The Quantum Group, Inc. Completes Consolidation of Quantum
Medical Technologies, Prepares for Launching of New Products and Services by
Year-End 


WELLINGTON, Fla., Aug. 5  /PRNewswire-FirstCall/ -- The Quantum Group, Inc.
(OTC:QTUM) (BULLETIN BOARD: QTUM)  today disclosed that as previously announced
and expected, it has completed the acquisition and consolidation of 100% of the
interest of Quantum Medical Technologies, Inc. (QMT).

QMT was established in 2000 by the principal shareholders of The Quantum Group,
Inc. to develop new and revolutionary technology for use in the healthcare
industry. Prior to this acquisition, The Quantum Group owned 20% of QMT.

QMT has been developing its Cybernaptic(SM) application as previously
disclosed, for the interconnection of the key touch points in the healthcare
service and supply chain to physicians. It is also developing proprietary
applications including 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.  Furthermore, QMT was instrumental in the research and
negotiations that led The Quantum Group to its recent announcement regarding
the pending acquisition of a medical billing and practice management
application service provider (ASP).

Noel J. Guillama, founder and principal shareholder of both The Quantum Group
and Quantum Medical Technologies, commented, "With the complete consolidation
of QMT into The Quantum Group, we complete round three of our long anticipated
full integration of products and services. I expect that by year-end we will be
providing a large selection of products and services to the entire healthcare
industry, from managed network services, to health maintenance organizations,
to billing and practice management and healthcare technology services to
physicians, HMO's and patients."

An ASP is a third-party 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 Quantum Group, Inc., is a Wellington, Florida-based healthcare company in
its development stage, providing outsourcing, technology-based solutions,
government compliance, education, policy consulting and venture management to
the healthcare industry. 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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