FOR IMMEDIATE RELEASE

Medical Devices Today Launched By FDC Reports, Publisher of "The Gray Sheet"

Rockville, MD, April 5, 2007 - FDC Reports, Inc., publisher of "The Gray Sheet" and "The Silver Sheet", announces the launch of Medical Devices Today (www.medicaldevicestoday.com), a new beta website featuring the latest news in medical devices and diagnostics. Medical Devices Today provides complimentary news articles, industry job postings and analysis of key developments in the medical device and diagnostics industries.

"I'm amazed at how quickly things are changing in this industry. With daily developments in technology, regulatory policy and reimbursement, anyone involved in the medical device world owes it to themselves to tap into our expert coverage," said Mary Houghton, Executive Editor of "The Gray Sheet" and "The Silver Sheet."

Medical Devices Today was created to give readers access to some of the unique content available in "The Gray Sheet," the leading source for comprehensive news and analysis on the medical device and diagnostics industries, and "The Silver Sheet," the only in-depth publication covering FDA inspection, quality control and compliance policies for the device and diagnostics industries.

"This is a fantastic way for readers to sample a wide range of our content and keep up with the latest developments, so FDC has decided to roll this out immediately as a free beta site. We're really hoping that readers will make full use of this dynamic new product and share their thoughts and coverage needs with our editorial staff," added Houghton.

As an added feature, Medical Devices Today will feature employment postings within the medical device and diagnostics industries. In addition to visiting the website, readers can sign up to receive a free weekly email update.

For more information, please contact Liz Perman at e.perman@elsevier.com or call 240-221-4537.

About F-D-C Reports

FDC Reports provides up-to-date information about the worldwide health care industry via its publications including "The Pink Sheet"®, "The Gray Sheet"®, "The Rose Sheet"®, "The Tan Sheet"®, and Pharmaceutical Approvals Monthly. The publications are read extensively by pharmaceutical and healthcare executives, policy-makers, and analysts seeking to understand the developments affecting the U.S. regulation and marketing of healthcare products and services. FDC Reports has one of the largest, most experienced, and most respected editorial teams reporting on the latest regulatory, legislative, and business news affecting the U.S. drug, biotechnology, medical device, nonprescription drug, nutritionals, and cosmetics industries.

FDC Reports, Inc. is part of Elsevier. Elsevier is a world-leading publisher of scientific, technical and medical information products and services. Working in partnership with the global science and health communities, the company publishes more than 1,800 journals and 2,200 new books per year, in addition to offering a suite of innovative electronic products and online reference works. For more information, visit http://www.elsevier.com.

Elsevier is part of Reed Elsevier Group plc, a world-leading publisher and information provider. Reed Elsevier's ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock Exchange). For more information, visit http://www.reedelsevier.com.