POMPANO BEACH, Fla.--MEDirect Latino, Inc. (Pink Sheets:MLTO) today announced that it has entered into a forbearance agreement (the "Forbearance Agreement") with its Lenders. The company announced in October that it had failed to make a scheduled interest payment to its Lenders on Notes outstanding under its Amended Loan and Security Agreement (the "Loan Agreement"). Principal and accrued interest outstanding on the Notes is $6,097,058 and $137,183, respectively. Under the Loan Agreement, the company has pledged all of its assets as Collateral.

Under the terms of the Forbearance Agreement, the company acknowledged that it has defaulted on its interest payments under the Loan Agreement, and the Lenders have agreed to forbear from exercising their rights and remedies pursuant to the default until November 20, 2007, or earlier, at the discretion of the Lenders. The company is unable to cure the default. In addition, the Lenders have advanced an additional $300,000 to the company to allow it to continue its operations while both the company and its Lenders explore strategic alternatives. The Forbearance Agreement provides that the company will fully cooperate with the Lenders in connection with any efforts to dispose of some or all of the Collateral pursuant to the Uniform Commercial Code.

The company has reduced its staff to approximately 27 employees, and continues to reduce its operating expenses as it and the Lenders explore various options.

The company also announced today that Mr. James LeGates, its chief financial officer, is leaving the company, effective immediately. Mr. Robert Lautz, a nominee director of the Lenders, resigned from the board on October 29, 2007.

MEDirect Latino, Inc., Pompano Beach
Charles Hansen, CEO, 954-321-3540