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digiMedical Solutions, Inc(TM) Completes Acquisition and Merger; Company Closes $15 Million Dollars in Acquisition Revenue and Becomes Public

Posted on: Monday, 10 July 2006, 15:00 CDT

digiMedical Solutions, Inc. (Pink Sheets:DGMS), formerly Game Technologies, Incorporated announced today the finalization of the company's first acquisition as well as the completion of a merger with Game Technologies, Inc. On June 7, 2006, digiMedical Solutions, Inc. finalized the acquisition of Harrington's Pharmacies and Apothecary Pharmacies owned and operated by Timothy A. Hayes and Suann Hayes. The acquisition secured $15 million of revenue in six (6) locations (two (2) pharmacies in Dallas, Texas, three (3) pharmacies in Naples, Florida and one (1) pharmacy in Ft. Myers, Florida.)

On June 27, 2006, the Company entered into a merger with Game Technologies, Inc., a Nevada corporation. Game Technologies, Inc., as the surviving corporation, completed a reorganization pursuant to which the privately held digiMedical Solutions, Inc. transferred all company assets and liabilities to Game Technologies. Filed as part of the Articles of Merger, Game Technologies changed its name to digiMedical Solutions, Inc. as well as appointed Edwin W. McPherson as Chairman of the Board and David W. Lee as Director, President and Chief Executive Officer. The former Directors and Officers resigned their commissions and the company installed its Vice Presidents and management team.

Effective Monday, July 10, 2006 the company's new trading symbol is: DGMS.

Timothy A. Hayes, former owner and operator with over 42 years of experience, reflects on his sale to digiMedical Solutions, Inc., "Suann and I are delighted to be the initial acquisition of digiMedical Solutions. In the test marketing with digiMedical Solutions for the four months prior to the acquisition we have witnessed an increase in our volume paired with an increase in our gross profit and, subsequently, in our net profit. The increase in gross profit during this short period can be applied directly to the bottom line because we have had minimum increase in our operational costs. I attribute this increase to the incorporation of digiMedical Solutions' business model where local targeted doctors are directly linked to our pharmacies through a digital wireless prescribing device, digiRX(TM). The improvement seen in this relatively short period of time is the beginning of what I anticipate to be additional increases in revenues through the addition of new doctors and their patient flow through digiRX(TM)."

Tim continues, "Speaking as an independent pharmacy owner operating a traditional pharmacy business model, it has become increasingly difficult over the last decade. Competition from the mega pharmacy chains combined with changes in Medicare and Medicaid benefits, most recently Medicare Part D, have presented the independents with competitive challenges. In today's environment the "corner drug store" is at a significant disadvantage. By combining our pharmacy operations with digiMedical Solutions we can level the playing field and become a meaningful competitor in the modern day pharmacy environment."

David Lee, President and Chief Executive Officer for digiMedical Solutions, Inc., stated, "The Completion of the acquisition and merger accomplishes two pivotal objectives for the company's development. The acquisition of the Harrington's Pharmacy chain gives our company immediate fundamental value as well as an existing revenue stream that can be expanded for long-term growth, and the merger gives us access to public capital markets to fund future growth and acquisition. Our business model is designed for rapid expansion by applying our proprietary technology and proprietary methodology to traditional pharmacy operations. By making acquisitions such as Harrington's Pharmacies, we can establish ourselves in new markets quickly. Through target marketing, direct customer service and seamless technologies, we are enhancing revenue while shifting the focus to more profitable prescriptions for dispensing. One of the key features of our business model is the universal application across diverse geographies and demographics, which enhances our ability to engage in any target market of our choosing."

About digiMedical Solutions, Inc.

digiMedical Solutions, Inc. (http://www.digimsinc.com) is a pharmacy and medical technology company focused on developing next generation digital medical technology with an emphasis on digital prescriptions (d-Prescriptions) that will more closely align the doctor, pharmacist and patient. The company's planned growth will come from three channels: direct marketing of the company's wireless base d-prescription technology to doctors, acquisition of independent pharmacy chains and the sale of certain territories to "market partners" licensed to exploit the digiMedical Solutions model. digiMedical Solutions, Inc. currently owns and operates six (6) pharmacies located in Texas and Florida. digiMedical Solutions' unique business model brings doctor, patients and pharmacies into next generation medical technologies.

Forward-Looking Statements

Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "Forward-Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including "anticipate,""await,""envision,""foresee,""aim at,""believe,""intends,""estimates," including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations.

Source: Business Wire

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