ATOS WELLNESS MILESTONESMarch 2008: Ananda Rajah appointed CEO and executive director with a salary of $1.00 plus 5 million options at 12, 18 and 24 cents providing company reaches $2 million EBIDTA for year 30th June 2009 January 2008: Medec Ltd merges with Atos Wellness Group out of Singapore and is renamed Atos Wellness Ltd Ananda receives 97 million shares at 12 cents per share (Even though shares are trading below 6 cents) as consideration for the sales of Atos Wellness Group into Medec. Ananda guarantees S$2.5million EBIDTA profit per year for the next 3 years or his consideration of shares in escrow would be proportionately reduced. July 2006: Medec Ltd acquires 51% of Body Contours Singapore. Ananda takes 75% of his consideration by way of 4.5million shares at 30cps. July 2002: Medec formed as an Australian Public Company on 13 May 2002 to consolidate several developing medical technology interests into a viable international business. 1997: Body Contours is founded by Ananda Rajah 1984: Atos is founded by Ananda Rajah as a one man operation in Singapore.
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IAN GREGORY Company Secretary