KENNEWICK, Wash., Aug. 23, 2011 (GLOBE NEWSWIRE) -- Advanced Medical Isotope Corporation ("AMIC") (OTCBB:ADMD), a company engaged in the production and distribution of medical isotopes, has entered into a strategic relationship with Spivak Management Inc. ("SMI") and Mann Healthcare Partners Inc. ("Mann Healthcare") to form a joint venture to develop and execute AMIC's business strategy.