COMPANY OVERVIEW - MediVet

1 COMPANY OVERVIEW . DRUG FREE VETERINARY SOLUTIONS. Introduction MediVet was formed for the specific purpose of manufacturing and supplying premium veterinary and pet products. These unique products have been researched and developed for the exclusive purpose of forging a global distribution network for the Animal Kingdom. Advanced Scientific and Medical Technology has provided MediVet with the opportunity to stand alone in the high performance horse racing industry, in equestrian circles such as polo and field competition, breeding, assisting in certain surgery applications as well as products for the premium and exotic pet markets. Administration & Manufacturing Our Head Office and Sales Centre are located at Bankstown, NSW, Australia; our Logistics Centre is at Blacktown, NSW Australia; and our Registered Office and Administration & Customer Service Centres are located in Adelaide, South Australia.

2 All these facilities are interconnected by a modern computer and communication system. Our manufacturing processes are outsourced to modern specialized facilities located in Sydney, Melbourne, Bendigo, Australia, with some processes being performed in the Philippines and United Kingdom. Two of our Australian manufacturing companies are the Delvet Group and Delta Laboratories both of which are located in Sydney. Both these companies are well established and their processes conform to or exceed the high standards set by the pharmaceutical and veterinary authorities. The Delvet Group manufactures and markets a wide range of veterinary pharmaceuticals, animal health products, equipment and consumables throughout Australia & the Asia-Pacific region. The Group also contracts the manufacture of high quality approved products for leading companies in the veterinary fields.

3 Delvet has been in business for more than ten years and has built a solid reputation for quality and integrity. The COMPANY is fully approved by the relevant government authorities and maintains ongoing TGA approval for the manufacture of clean and sterile veterinary products. Delta Laboratories was opened in September 2000, Delta Laboratories purpose built manufacturing facility is situated at Somersby on the NSW Central Coast, an hours drive north of Sydney TGA licenced facility occupies 3100 square metres and comprises of manufacturing, filling & packing, laboratory, research & development, warehousing and Laboratories is a leading manufacturer of contract Cosmetic, sterile and non-sterile Veterinary Pharmaceutical and non sterile Pharmaceutical TGA products including creams, gels, shampoos, conditioners, aqueous and non-aqueous liquids.

4 We have a wide range of clients across the cosmetic, beauty, pharmaceutical, veterinary and natural health care manufacture, pack and fill to our Client's specifications, offering short lead times and smaller runs. Delta Laboratories also provide a full service operation so that we take responsibility of the product from concept through to finished assure clients of utmost confidentiality in regard to formulations, proprietory information and tasks which we are contracted to complete. Delta Laboratories are licenced by the following authorities: Therapeutic Goods Administration (TGA Licence No. 152613) Licenced for the manufacture of non-sterile therapeutic goods for human use. Certificate of GMP ComplianceAPVMA (Licence No. 1056) for the manufacture of Veterinary chemical products including sterile and non-sterile Quarantine & Inspection Services (AQIS) (Approved Registered Premises QAP No.)

5 N0645) Licenced quarantine premises Fulfillment & Logistics We are currently working with Provet for our warehouse and distribution Provet, is Australia's leading veterinary distributor. With offices and fulfilment centres in each state, Provet is in the best position to fulfil orders quickly and efficiently. Started by veterinary practitioners, for veterinarians and supporting the veterinary industry and associations such as the Australian Veterinary Association, they have full commitment to serve the veterinary profession and, by extension, the Animal Kingdom. The Provet Group of Companies is Australasia's largest veterinary distributor with strategically located warehouse operations and over 200 staff spanning Australia and New Zealand. The Provet supply chain fulfils over 3,500 orders per week across an ever increasing portfolio of product lines on shelf, including a full range of instruments and equipment, backed by complete technical and service support.

6 Provet's unique business to business on line inventory management system, e-Order, creates a seamless integration between technologies, warehouse automation and delivery logistics, simplifying ordering and inventory for today's busy practice. Provet currently have 10 state of the art, air conditioned warehouses in Townsville, Brisbane, Newcastle, Sydney, Wagga Wagga, Melbourne, South Australia, Auckland, Palmerston North and Christchurch. Current and Future Research MediVet is a COMPANY entirely focused on bringing to the marketplace innovative, scientifically proven and biologically sound veterinary solutions for the health and treatment of all species of mammalian animals throughout the world. To achieve this, MediVet has an ongoing program of research and development unparalleled in the veterinary sphere.

7 MediVet is using the highly skilled and experienced talents of some of the world's leading cellular researchers teamed with other research institutions around the world to investigate the latest in veterinary concepts, especially in the stem cell area. MediVet has, or is in negotiation to establish, agreements with leading universities and offshore institutions to help develop, test and perform trials on all its products before they are brought to the marketplace. As a result of these activities, MediVet has already brought on stream a number of revolutionary veterinary solutions that are far advanced compared with mainstream veterinary practice. Our Key Personnel MediVet Pty Ltd has assembled together some of the most capable and experienced key personnel available in Australia and overseas.

8 Each member of the team is well trained and has vast experience in his/her field of responsibility. They bring to the corporate table a wealth of training and experience. Shaneel Khan Managing Director & CEO. Shaneel has extensive experience in small to medium business over many years. He is experienced in key areas such as Product development Corporate structure Retail product marketing Business management and development Logistics & administration During the past 10 years Shaneel has been working on projects such as franchising businesses, environmental projects at government level, creating and managing successful start up distribution networks in Europe, Middle East, South Africa and Asia. He continues to play an integral role in these distribution networks today.

9 Shaneel is also involved in producing television home shopping showcases and successfully implemented a program for clients to showcase products on direct response home shopping networks that aired on the Foxtel, Austar and Optus networks. Leslie H (Les) Sprankling COMPANY Operations Manager and COMPANY Secretary Les bought his first full time business, a run down bowling alley, in 1971. Six weeks later, after using some proactive marketing strategies, he was operating at a profit. Since then Les has owned or managed a number of businesses including several more bowling alleys, a new insurance agency, and a startup real estate agency. In 1989 Les travelled to the USA where he studied the methodologies of world renowned marketing expert, Jay Abraham. He also studied the direct marketing and copywriting skills of the late Gary Halbert.

10 After a 6 year period assisting in the setup and development of ASIC and assisting in the refining of the Corporations Act, Les has an intimate knowledge of COMPANY administration and procedures as well as ASIC requirements in relation to corporations. Les has operated his own business and marketing consultancy, preparing marketing campaigns and designing and building websites. He has written five manuals on business and COMPANY operation, marketing and retailing. Garry Andrews - Business Development Manager Garry is highly experienced in sales and marketing. He worked in the family business for more than 15 years before taking the environment head-on, bringing business and the environment together. Garry was responsible for the largest re-vegetation project in South Australia's history at Monarto Zoo.