Medical Ventures Corp. to Acquire Two Vascular Device Developers B-Balloon Ltd. and Neovasc Medical Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - January 30, 2008) - MEDICAL VENTURES CORP. (TSX VENTURE: MEV), a medical devices company specializing in products for the vascular and surgical markets, announced today it has signed an agreement to acquire two vascular product development companies, thereby significantly increasing its potential product pipeline.

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