Muñoz Group Acquires Rights to
New Technology For Medical Instruments

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(Arlington, VA, September 3, 2003) -- Muñoz Investment Banking Group LLC, of Arlington, VA acquired exclusive rights to market a new technology that can produce surgical instruments with improved performance, especially in the cutting and motion operations. The technology, owned by CMW Inc. of Shelby, NC, also reduces manufacturing costs for these instruments.

To-date these types of instruments operate with very little force at the distal end. This technology brings more force at the cutting and grasping end. Improved instrument efficacy in this new design is the result of the upper blade both slicing and shearing off an object at the same time. The unique action results in cleaner, more complete and precise removal of impactions and growths.

The technology, which is enabled by advanced laser assisted and state of the art manufacturing, will be used in a number of other surgical instruments including scissors and alligator graspers, and will find wide applications in endoscopic, gastro, urology, neurology, pulmonary, orthopedic, cardiology and obstetrical surgery markets. The Muñoz group will spearhead the market development phase of these products that will include inviting industry partners to optimize technology commercialization.

“We are excited about the technology because it will enable surgeons to do a better job with less chance of complications than the current technology allows. The patents are clear, the technology is ready to apply and several prototype instruments are currently under evaluation with potential users,” commented Ed Muñoz, Managing Partner of the Muñoz Group.

“With our emphasis on the chemical and plastics industries and on emerging technologies, this fits logically with the work we are doing for several other clients,” continued Muñoz. “We believe this technology has tremendous potential and can improve the cost efficiency and efficacy of certain medical treatment for millions of patients.”

Those interested in obtaining more information on this new technology can contact Ed Muñoz or John Cirello at Muñoz Investment Banking Group LLC. 2111 Wilson Blvd. Suite 850, Arlington, VA 22201(Phone) 703/516-4110; (Fax) 703/243-2874 (Email) emunoz@munozgroup.net or cirelloj@aol.com. More information on the Muñoz Group can be found at their web site.

For questions about this news release please contact T. Peter Sullivan 973/769-4088 or email psullivan@munozgroup.net.

Muñoz Investment Banking Group LLC offers full service investment banking services focusing on expanding markets and emerging technologies in the plastics and chemical industries.