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February 2008
Certified Diabetic Services Receives $4mm in Acquisition Financing

NAPLES, FL. Certified Diabetic Services, Inc. (“CDS”) (PK: CDIP), a national direct-to-consumer mail-order distributor of diabetic supplies and pharmaceutical services, announced that it has closed a $4 million private placement. The funds were used to acquire Diabetic Plus - a diabetic supply mail-order distributor based in Sunrise, FL – and to provide working capital for growth. The $4mm was structured as preferred shares which are convertible into common shares; the investor also received 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 20,000 member patients with Medicare, Medicaid and private insurance who require monthly diabetic supplies and pharmaceutical services.

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

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