OLEOMED EXPANDS ITS
AVAILABILITY TO PUBLIX
Only Encapsulated Olive Oil to be Available in All South Florida Publix Stores

MIAMI, FL - October, 2002 - OleoMed America, the leading nutritional company specializing in pharmaceutical-grade olive oil natural dietary supplements, has signed an agreement with Publix Super Markets, Inc. to be available in approximately 200 stores from Vero Beach to Key West beginning in November, announced Carlos de Cespedes, Chairman & CEO for OleoMed America, Inc.

OleoMed and Publix are currently sponsoring a promotion with the University of Miami and their Head Football Coach, Larry Coker. Shoppers will receive a free Larry Coker bobblehead by mail with the purchase of a regular priced box of OleoMed at participating Publix stores while supplies last.

OleoMed is pharmaceutical-grade olive oil blended with vitamins, minerals and herbals offered as a dietary supplement in the form of soft gel capsules. Pharmaceutical-grade olive oil is a "subset" of Extra Virgin olive oil; the purest form of the solution available in the world. Scientific examinations from the past few years have equated olive oil consumption with a lowered risk of breast cancer, colon cancer, cardiovascular disease and improved blood pressure.

OleoMed entered agreements earlier this year with 500 Eckerd drug stores throughout Florida. It also is available at all Whole Food supermarkets throughout Florida; South Florida and Puerto Rico-based Walgreen's; Miami-based Navarro's; Sedano's; online at www.oleomedamerica.com; and by telephone at 1-866-OLEOMED.

OleoMed is available in 14 different formulas that support a range of specific health needs: OleoMed Pharmaceutical-Grade Olive Oil, Antioxidant Formula, Bone Formula, Blood Pressure Formula, Cell Q10 Formula, Energy Formula, Femme Formula, Heart Formula, Immune System Formula, Mind Formula, Balance Formula, Prostate Formula, Sleep Formula and Weight Formula.

OleoMed America, a subsidiary of The Pharmed Group, was founded in 2000 to market and distribute pharmaceutical-grade olive oil. Pharmed Group, based in Miami, Florida, is an independent distributor of health care products. Founded in 1980, Pharmed Group is one of the fastest-growing Hispanic-owned companies in the United States being recently honored by Ernst & Young as "Entrepreneur Company of the Year" in the medical category in the state of Florida.

Publix is one of the 10 largest supermarket chains in the United States. It has grown into a Fortune 500 company with more than 670 stores and is one of the fastest growing employee-owned companies in the United States.

For additional information about OleoMed, please call 1-866-OLEOMED (653-6633) or visit www.oleomedamerica.com.