HISTORY

Originally known as Med One Financial Group, Med One Capital was founded in 1991 as a lessor of medical equipment serving acute care hospitals throughout the United States. The company is privately owned, with the majority of ownership held by its operating officers. Med One is based in Sandy, Utah (Southeast of Salt Lake City) where all aspects of the company are run.

Med One works closely with several medical equipment manufacturers providing funding programs for the products they sell. By using a customer oriented approach offered through the direct sales force of the manufacturers, Med One has enjoyed steady growth by providing funding solutions for hundreds of medical facilities throughout the United States, Canada and England. Included in Med One's lease portfolio are many of the premier health care institutions in the country. The equipment provided through Med One's acquisition programs is typically the newest technology on the market, offered by some of the most prominent manufacturers in the industry.

In 1992, Med One began to expand its product offering by entering the short-term rental business. With a focus on respiratory care equipment, the company began to acquire an inventory to be offered on a short term basis to hospitals needing to meet peak patient census requirements.

In September 2005, Med One moved its entire operation to a 30,000 square foot building located in Sandy, Utah. Med One Capital continues to offer short-term rentals on a wide variety of patient care equipment including ventilators, physiological monitors, infusion systems and other critical care devices. Equipment is typically available within 24 hours - two hours in some locations - and is delivered to hospitals in patient ready condition. Hospitals will rent the equipment for as long as needed, and then return it to Med One's biomed facility (located at the Sandy headquarters). The equipment is then cleaned, serviced, and made ready for the next customer.

In 2007, Med One was awarded "Authorized Rental Dealer" status by Cardinal Health. This status is one of only three Authorized Rental Dealers in the United States for Cardinal Health's line of Medication Safety Systems. Med One Capital continues to be innovative and maintain leadership in the medical finance industry.