MEDirect Latino Inc. Names James R. LeGates as Chief Financial Officer

“MEDirect Latino Inc. Pink Sheets:MLTO www.medirectlatino.org, the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced that it has named Mr. James R. LeGates as Chief Financial Officer effective March 26, 2007.

Mr. LeGates most recently served as Chief Financial Officer to Mainstream Holdings, a privately funded Internet start-up with four co-located data centers in NY, CA, TX and Ireland. He was responsible for the accounting, auditing of the companys and managed risk in the areas of insurance, legal and audit, while improving insurance coverage, adherence to GAAP, intercompany transactions, strategy, and forecasting. Previously, Mr. LeGates was Chief Financial Officer of Neovest Holdings, Inc., Neovest, Inc. and Neovest Trading, Inc., which was sold to JP Morgan in 2005. During his tenure with Neovest, a software company specializing in international securities trading software, Mr. LeGates was responsible for accounting and financial reporting, risk management, human resources and legal oversight and was elected to Office of the President as one of four operating managers to oversee all company operations, he also served as Secretary to the Board of Directors as the only senior manager and non-shareholder. Upon joining Neovest, Mr. Legates produced a 55% reduction in cash burn rate in 5 months and improved cash flows through expense cutting, resource allocation and restructuring. During the Companys sale to JP Morgan, Mr. LeGates was an integral participant in the venture capital funding and acquisition processes.”

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