PHARMX TECHNOLOGIES LIMITED — Regulatory Filings 2007

Jan 15, 2007

Company Announcement

16 January 2007

PharmX signs DHL

PharmX - a Corum Health Services joint venture company - and DHL Exel Supply Chain today announced the signing of an agreement for DHL to use the PharmX ordering gateway.

Tony Allan, General Manager of DHL Pharmacy Supply Chain said, "The PharmX ordering gateway provides the industry with a new level of efficiency and choice. In a time of many changes and challenges, the industry needs the PharmX gateway to make ordering, supplying and invoicing easier and more efficient for pharmacists. We are pleased to be working with PharmX to deliver costs savings to our business and to pharmacists."

"We are extremely pleased to have reached agreement with DHL," Graham Cunningham, PharmX Chairman said. "As a major international company they understand the importance of supply chain efficiency. It is an accolade to PharmX that they have chosen us as the important ordering and supply link between supplier and pharmacist.

PharmX is a joint venture company owned by Corum Health Services, Mountaintop Systems, Simple Retail and PCA Nu Systems. The PharmX ordering gateway is a common software system which facilitates online ordering between pharmacists and their suppliers.

For more information please contact:

Mark Winnett Managing Director Corum Group Limited 02 9289 4699