MEDirect Announces Foreclosure Sale by Secured Lenders and Suspension of Business

POMPANO BEACH, Fla.--(Business Wire)--MEDirect Latino, Inc. (Pink Sheets:MLTO) today announced that its
lenders have concluded foreclosure proceedings and have sold the
Company's assets under the Uniform Commercial Code. Under its Loan
Agreement, the Company had pledged all of its assets as collateral. In
October 2007 the Company announced that it failed to make interest
payments to its lenders and in November 2007 announced that it was
unable to cure the default and would cooperate with the lenders in
connection with the disposition of their collateral.

The unpaid principal and accrued interest on the loans were
approximately $6.7 million and $504,000 respectively. The foreclosure
leaves the lenders with a substantial deficit.

The Company also announced the resignation of Charles W. Hansen
III, its CEO and only remaining member of the Board of Directors,
effective today.

MEDirect Latino, Inc., Pompano Beach
Charles Hansen, 954-321-3540

Copyright Business Wire 2007