VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- October 02, 2006 -- Meridian Co., Ltd. ("Meridian" or the "Company") (OTCBB: MRDAF), an industry leader in the research, development, manufacturing and sales of integrative medical diagnostic equipment, is in final negotiations with a large US government-affiliated purchaser for the sale of multiple units of its Digital Pulse Analyzer. The Company expects to enter into a Letter of Intent with the purchaser shortly which will call for the execution of a definitive agreement for the purchase of a minimum of 8,000 units over a two year period. According to the negotiated terms, resulting revenues, not including revenues from related training and consulting services, are expected to be at least $28,000,000 USD. It is further expected that at least one-half of the resulting revenues will accrue to the Company during the current fiscal year ending December 31, 2006.
