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To: Tom Allinder who wrote (2744)10/12/1999 12:58:00 PM
From: Mr.Manners  Read Replies (1) | Respond to of 2942
 
MEDJ

Tuesday October 12, 11:30 am Eastern Time

Company Press Release

SOURCE: Medi-Ject Corp.

Medi-Ject Corporation Announces Asian Device
Approvals and First Product Shipment to SciGen

Medi-Ject Expands its Asian Presence Beyond Japan and Begins Shipments Of Needle-Free
Injectors for Human Growth Hormone to Additional Markets In Southeast Asia

MINNEAPOLIS, Oct. 12 /PRNewswire/ -- Medi-Ject Corporation (Nasdaq: MEDJ - news) today announced that one of its
pharmaceutical partners, SciGen Pte Ltd of Singapore, has received government approvals to market a Medi-Ject needle-free
injector, the SciTojet, for human growth hormone injections in several southeast Asian markets, including Hong Kong, The
Philippines, Singapore and Malaysia. As a result of these approvals, Medi-Ject Corporation announced the first shipment of
SciTojet injectors to SciGen Pte Ltd.

''Asia is a large and attractive market opportunity for our growth hormone needle-free injectors,'' said Dr. Franklin Pass,
Chairman and CEO of Medi-Ject. ''We have already had good success in Japan, where our growth hormone injector has been
very well accepted by children and their parents. In Asia, we hope to duplicate the market penetration we have begun to
achieve in Europe. The basis for our success in these markets is that our growth hormone injector fills an important market
need: independent studies show that the daily administration of growth hormone without a needle is preferred over needle
alternatives, especially among children.''

Any statements released by Medi-Ject that are forward looking, including statements relating to future product development,
product sales, development and licensing agreements, and research activities, are made pursuant to the Safe Harbor provisions
of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward looking statements involve risks
and uncertainties which may affect the Company's business and prospects, including changes in economic and market
conditions, healthcare legislation, progress in Medi-Ject's alliances with pharmaceutical companies, the development of
competing drug delivery systems, management of growth and other factors discussed in the Company's filings with the
Securities and Exchange Commission.

Medi-Ject Corporation is the world's leading developer and marketer of needle-free drug delivery systems. The Company
manufactures hand-held injectors that deposit pharmaceuticals, including insulin and growth hormone, under the skin without a
needle. Presently, these needle-free injection systems are distributed in over twenty countries. Headquartered in Minneapolis,
the Company's common stock is traded on the Nasdaq Small Cap Market under the symbol MEDJ.

Company information can be found on the Internet under Medi-Ject's site on the World Wide Web at
mediject.com . For more information on Medi-Ject Corporation via facsimile at no additional cost, simply dial
1-800-PRO-INFO and enter company's ticker symbol MEDJ.

SOURCE: Medi-Ject Corp.

More Quotes and News:
Medi-Ject Corp (NasdaqSC:MEDJ - news)
Related News Categories: medical/pharmaceutical




To: Tom Allinder who wrote (2744)10/13/1999 12:12:00 AM
From: carromill  Read Replies (1) | Respond to of 2942
 
Just to advise you ...Shorters and non-reporting did not run this stock down..It was the constant DILUTION of authorized to public float (which from my tracking, over last 6 mos) s/b in the 60-80 mil range> Buy-out would be big 10 to 1 r/s due to heavy WEB Development expenses and payng for Internet "Spread" without useing (non)-existing cash, PLUS not having enough real revenues to take a chance of "reporting" that fact! I too believe a buy-out will be the only thing in the end (of the year) that will allow SIrlin and Newell to walk away saving face!!! I have fond appreciation for this (MAKO)..its wonderful (first impressions,of things to come!) run-up in April is what gave me my greatest profits .. It just is getting heavily weighted down With " Lets Try This, No. Lets Try This, or Maybe this...put a name on it and run it up the flag pole and see who pays..Hey, we could do this forever! until mandated Filing...But still too far off and we still have 20mil more authorized to get into//// not BASHING! just offering for DD balance