Medallion signs manufacturing agreement for Korea

S.C.O. Medallion Healthy Homes Ltd. (the "Company") is pleased to announce that it has signed a manufacturing agreement with BS Kim and Union I&C, Inc. of Seoul, Korea (together "Kim") to
manufacture the Company's industrial ozone generators and UV systems in 220 volt and 50 HZ formats for sale to countries utilizing such formats (the "Manufacturing Agreement") for an initial term of 5 years. Pursuant to the terms of the Manufacturing Agreement the Company has received an upfront purchase price and is entitled to receive an ongoing royalty of 10% of the invoice price of all generators sold by Kim, less the costs of the ballasts and bulbs to be supplied directly by the Company. This royalty will be reduced to 5% at such time as total sales of US$500,000 have been reached.
Union I&C Inc. is currently manufacturing stainless steel computer racks for LG and Samsung products as well as computer boards and antennae for cell phones. Their plant has adequate space to add the Medallion assembly process and Mr. Kim will have their Marketing and Sales office in the same building in
Seoul.
Further to the Company's news release dated May 16, 2005, the Company announces that the Kottmeier Resolutions Group Ltd., of Vancouver, B.C. ("Kottmeier") and the Company have determined, by mutual agreement, to cancel their proposed investor relations agreement which was to commence on June 1, 2005. The corresponding stock option granted to Kottmeier has also been cancelled and the Company has received a full refund of all monies paid to Kottmeier.
Finally, the Company announces that it has granted to various employees and consultants incentive stock options to purchase up to 500,000 common shares of the Company at a price of $0.11 per share exercisable for a period of six months.
S.C.O. MEDALLION HEALTHY HOMES LTD. (signed) Donald Schmidt Donald Schmidt - President
The Canadian Trading and Quotation System Inc. ("CNQ") has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: S.C.O. MEDALLION HEALTHY HOMES LTD.,
22519 Dewdney Trunk Road, Maple Ridge, B.C., V2X 7X7, Tel: (604) 240-3359,
Fax: (604) 467-0584

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