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Last updated on May 25, 2013 at 9:20 EDT

Andain Inc. Discusses its Breakthrough Miniature Disposable Insulin Pump

December 5, 2012

ARAD, Israel, December 5, 2012 /PRNewswire/ –

Andain Inc [http://www.andaininc.com ]. (OTCQB: ANDN
[http://finance.yahoo.com/q?s=ANDN ]) (“Andain” or the “Company”), a company engaged in
commercializing novel technologies in biotech, medical and life sciences fields, today
discussed its breakthrough miniature fully disposable and programmable insulin pump.

Andain’s miniature insulin pump
[http://www.andaininc.com/Default.asp?sType=0&PageId=15 ] is an ultra slim, small
‘Band-Aid’ size patch. Gemini is a fully disposable, water proof, fully programmable
insulin pump designed to treat Type I and Type II diabetes for a week. The pump holds 6CC
of insulin and is 49mm diameter by 7 mm thick 25 in size, making it very comfortable and
almost unnoticeable to wear. Moreover, its ultra-low cost makes it an affordable and
clinically superior replacement for pen injector products. Smart on-line monitoring
provides a real-time alert for occlusions and leakages.

The plugin universal remote-control unit provides the patient, clinic, and doctor
dynamic control and on-going monitoring of the patient’s insulin treatment program. As a
stand-alone, the pump is pre-programmed for patient treatments, providing tailored-made
safe basal Insulin treatment and allows for the program-controlled delivery of manual
bolus insulin dosages. A fail-safe mechanism prevents the administration of multiple bolus
insulin dosages and fully controls basal insulin to prevent hypo-glycemia.

Andain President and CEO Sam Elimelech, commented, “Our incubator development
infrastructure and expert scientific team, combined with our on-board industry experience,
allows us the ability to quickly commercialize these promising and superior miniaturizing
technologies such as those implemented in our insulin pump product. These are key
differentiators that set us apart from our competitors and will fuel our growth moving
forward. We look forward to moving these technologies closer to commercialization and
delivering new game-changing products to the market.”

ABOUT ANDAIN INC

Established in 2004 as a Nevada corporation with locations in Israel and the US,
Andain (OTC: ANDN [http://finance.yahoo.com/q?s=ANDN ]) commercializes novel technologies
in the biotech, medical and life sciences fields, specializing in identifying technical
innovations and providing a unique incubator/accelerator development and industrial
platform. The company also offers technical know-how and business strategy expertise to
commercialize new technologies and deliver shareholder value. For more information, please
visit our website at http://www.andaininc.com.

FORWARD LOOKING STATEMENTS

Certain statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor created by those
rules. All statements, other than statements of fact, included in this release, including,
without limitation, statements regarding potential future plans and objectives of the
company, are forward-looking statements that involve risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements. Technical
complications that may arise could prevent the prompt implementation of any strategically
significant plan(s) outlined above. The company cautions that these forward-looking
statements are further qualified by other factors including, but not limited to, those set
forth in the company’s Form 10-K filing and other filings with the U S. Securities and
Exchange Commission (available at http://www.sec.gov/
[http://www.sec.gov/cgi-bin/browse-edgar?company=andain&match=contains&action=getcompany ]
). The company undertakes no obligation to publicly update or revise any statements in
this release, whether as a result of new information, future events, or otherwise.

        Contacts:
        Sam Elimelech, President & CEO
        Andain Inc
        sam@andaininc.com
        Howard Gostfrand, President
        American Capital Ventures
        +1-305-918-7000
        info@amcapventures.com

SOURCE Andain Inc


Source: PR Newswire