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Korr Medical Technologies, Inc. Signs Agreement With
Fluke Biomedical Corporation


SALT LAKE CITY, Sep 15, 2003 /PRNewswire via COMTEX/ -- Korr Medical Technologies, Inc. and Fluke Biomedical, a division of Fluke Corporation, today announced they have signed an agreement whereby Fluke Biomedical Corporation will acquire the exclusive rights to the technology, manufacturing, and distribution of Korr's gas flow analysis products for ventilator testing.

"We are excited that Fluke Biomedical has committed to continuing and solidifying the relationship with Korr Medical Technologies," said Scott Kofoed, President of Korr.

Proceeds from divesting of the ventilator testing products will allow Korr to aggressively market their Resting Metabolic Rate (RMR/REE) and Spirometry product lines. Korr's MetaCheck provides a complete solution for health club weight loss programs using patented indirect calorimetry technology. The ReeVue is an FDA cleared medical device for indirect calorimetry tailored to physician supervised weight loss (including bariatric physicians) and dieticians performing nutritional assessments. Korr also manufactures the CardioCoach, innovative VO2 testing equipment specifically designed for club use.

Kofoed stated, "Our focus is to be a leading manufacturer of respiratory products. Our core sensor technology allows us to provide leading edge technology that is tailored for its intended users. We see large growth potential in the family practice market. We also believe our products for the intensive care market will become the gold standard for indirect calorimetry." Korr anticipates expanding to the international market this year.

Fluke Biomedical Corporation (formerly DNI Nevada and Bio-Tek Instrument) is a division of Fluke Corporation, located in Everett, Washington. Fluke Biomedical is the leading manufacturer of medical test equipment in the world, including electrical safety analyzers, patient simulators, ventilator testers, and equipment management software. Our customers include hospitals, independent service organizations, and manufacturers of medical equipment. We are dedicated to quality and customer satisfaction. For more information, call 1-800-648-7952, or email us at sales@flukebiomedical.com.

Korr Medical Technologies, Inc., founded in 1993, is a worldwide leader in the development of sensor technology used in medical devices. Korr produces metabolic (VO2, RMR, REE) measurement devices for the medical, weight-loss, and the club fitness industries, and equipment for medical research.

Contact:Scott Kofoed, President
Email:sales@korr.com
Phone:(801) 483-2080
Internet:WWW.KORR.COM


SOURCE Korr Medical Technologies, Inc.

Scott Kofoed, President of Korr Medical Technologies, Inc.,
+1-801-483-2080, sales@korr.com


http://www.korr.com