Z-Medica Launches QuikClot Scholarship Fund for Military Veterans

Fund to Support Four Undergraduate and Seven Graduate Student Veterans at George
Washington University
WASHINGTON--(Business Wire)--
Z-Medica Corporation, a medical device company developing innovative hemostatic
agents which stop bleeding, today announced a new scholarship fund for U.S.
military veterans attending George Washington University. The $100,000 QuikClot
Scholarship Fund will support George Washington University`s (GW) Yellow Ribbon
Program, which allows qualified veterans to attend GW as undergraduate students
and receive full tuition scholarships. Qualified graduate students receive a
significantly discounted rate of tuition. The QuikClot Scholarship Fund will
support four undergraduate and seven graduate student veterans.

"GW is honored to have Z-Medica`s support for the Yellow Ribbon Program," said
George Washington University senior vice president for student and academic
support services Robert Chernak. "Without contributions such as Z-Medica`s the
Yellow Ribbon program would not be able to support nearly the number of veterans
that we do today."

The Yellow Ribbon Program is important because it is designed to cover any
outstanding tuition and fees above those covered by the GI Bill benefit. The
program will cover all qualified Iraq and Afghanistan War veterans who attend
GW.

"We are so pleased to be able to give back to the veterans that have selflessly
served our country," said Brian Herrman, CEO, Z-Medica. "Our QuikClot product
helps soldiers when they are on the battlefield, but we also wanted to provide
them with opportunities following their service. We believe the Yellow Ribbon
program is the best way to do so."

Z-Medica and CEO Brian Herrman were honored for the QuikClot Scholarship Fund at
GW`s recent Welcome Home to Washington symposium.

About Z-Medica

Z-Medica Corporation is a medical device company developing innovative
hemostatic agents. The company manufactures and markets its QuikClot family of
products for hemostasis for use by health care professionals, first responders,
law enforcement officers and the military. QuikClot products rapidly enhance the
body`s natural coagulation process, helping to achieve hemostasis faster.
Z-Medica`s QuikClot Combat Gauze product was chosen by the Committee on Tactical
Combat Casualty Care (TCCC) as the sole source supplier to all branches of
United States Military, based on tests conducted by the Naval Medical Research
Center and the U.S. Army Institute for Surgical Research. In addition to
currently being carried by every soldier in the U.S. Military, QuikClot products
are also widely used by first responders, in hospital emergency rooms,
interventional cardiology and radiology laboratories and other healthcare
environments where bleeding requires fast and effective control. Z-Medica is a
privately-held company based in Wallingford, CT.

ICR, Inc.
James McCusker, 203-858-2143
James.McCusker@icrinc.com

Copyright Business Wire 2009