Titan Medical Inc. Announces Completion of Qualifying Transaction

TORONTO, ONTARIO--(Marketwire - July 29, 2008) - Titan Medical Inc. (formerly known as KAM Capital Corp.) (the "Corporation") (TSX VENTURE: TMD), is pleased to announce that it has completed its qualifying transaction (the "Transaction") with Synergist Medical Inc. ("Synergist"), pursuant to the policies of the TSX Venture Exchange (the "Exchange"). The common shares of the Corporation will resume trading on July 30, 2008. The Transaction was previously described in the May 6, 2008 and June 25, 2008 press releases of the Corporation and a Filing Statement in respect of the Transaction was filed on SEDAR on July 17, 2008.