Certified Diabetic Services, Inc. (“CDS”) (PK: CDIP), a direct-to-consumer mailorder distributor of diabetic supplies, announced that it has closed a $2 million private placement debt financing to be used to repay outstanding bank debt and provide working capital to fund operations. The debt is structured as a $1 million senior secured one-year term note and up to $1 million revolving line of credit. The investor received both common stock and warrants in the deal. Midtown Partners & Co., LLC acted as sole placement agent in this transaction.

Certified Diabetic Services, Inc., headquartered in Naples, Florida, is a rapidly growing distributor currently serving over 12,000 member patients with Medicare, Medicaid and private insurance who require monthly diabetic supplies.

Midtown Partners & Co., LLC is an investment bank focused on private placement investment banking opportunities. Originally founded in May 2000, the Investment Banking Group at Midtown Partners & Co. strives to serve emerging growth companies. Additional information can be found at www.midtownpartners.com.

Contact:
Certified Diabetic Supplies, Inc.
Joy Colantuoni 239-430-5013