Terry Allison Rappuhn Joins the Board of Directors at MEDmarketplace.com

Jan 19, 2010, 08:00 ET from MEDmarketplace.com

FT. LAUDERDALE, Fla., Jan. 19 /PRNewswire/ -- MEDmarketplace.com announced today that Ms. Terry Allison Rappuhn, CPA, has become a member of its Board of Directors. MEDmarketplace.com, headquartered in Florida, provides a Web-based marketplace for buying and selling surplus hospital equipment and medical equipment.

Ms. Rappuhn has served as a board member for several organizations including Genesis HealthCare Corporation and AGA Medical Holdings, Inc. With over 30 years experience in the Healthcare industry, Ms. Rappuhn brings vital industry knowledge and experience to the mix of trusted advisors overseeing the growth and development of MEDmarketplace.com. Vinny Baratta, President and CEO, says, "Terry brings significant knowledge and insight from a System CFO perspective. It is an honor to have her on the Board."

Ms. Rappuhn was drawn to the opportunity to join MEDmarketplace.com's Board of Directors because "MEDmarketplace.com connects buyers and sellers of used medical equipment and excess supplies. Because these assets typically have a low book value, they are not top-of-mind." She goes on to say, "MEDmarketplace adds value to hospitals by decreasing storage and decommissioning equipment costs, while providing cash for unwanted equipment and supplies. In today's environment, hospital CFOs need to maximize dollars."

About MEDmarketplace.com

MEDmarketplace.com the world's largest on-line marketplace for selling hospital equipment provides innovative, cost effective and revenue generating services to hospitals and alternative care facilities. MEDmarketplace.com is ranked number 1 in hospital equipment, medical equipment, and medical supplies on all major search engines. These rankings have helped to solidify the Company's status as the leading global medical marketplace for healthcare facilities, providers and consumers searching for medical equipment and supplies. Ziegler HealthVest Partners, LP is the lead institutional investor in MEDmarketplace.com.

About Ziegler HealthVest Partners, LP

Ziegler HealthVest Partners, LP, based in Milwaukee, WI, is a venture capital fund that invests in early-to-middle stage healthcare services, healthcare information technology and wellness companies. They are the lead institutional investor in MEDmarketplace.com. The Ziegler Companies, Inc. (Pink Sheets: ZGCO) is a growth-oriented boutique investment banking and investment services firm.

SOURCE MEDmarketplace.com



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http://www.medmarketplace.com