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

Name	Symbol	Market	Type
Defiance Quantum ETF	AMEX:QTUM	AMEX	Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	57.72				0	00:00:00

Defiance Quantum ETF (AMEX:QTUM)
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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., +1-561-798-9800 Web site: http://www.thequantumgroupinc.com/

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QTUM Defiance Quantum ETF