INVERNESS, SCOTLAND -- (MARKET WIRE) -- October 10, 2006 -- IVMD, Inc. (OTCBB: IVME) is pleased to announce a new management team. Graham Cooper, CEO and President commented, "Having been focused for the past two years on successfully completing our first long term development contract, the time is now right for IVMD to put a new management team in place, one that can take maximum advantages of the considerable opportunities that we face."