Liberator Medical Announces $500,000 Stock Buy-Back

• Press Release
• Source: Liberator Medical Holdings, Inc.
• On 8:00 am EST, Wednesday December 10, 2008

STUART, FL--(MARKET WIRE)--Dec 10, 2008 -- Liberator Medical Holdings, Inc. (Other OTC:LBMH.PK - News) announces that its Board of Directors has approved a $500,000 stock buy-back program. The authorization enables management to purchase up to $500,000 of common stock, through open market transactions at its discretion, over the next twelve months.

Related Quotes

Symbol	Price	Change
LBMH.OB	2.18	0.00

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Mark Libratore, CEO, said, "We intend to retain any common shares which we repurchase as treasury shares or use them in connection with our employee stock programs."

Robert Davis, CFO, added, "The Company will purchase shares from time-to-time in compliance with regulations using existing cash or from future free cash flows."

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About Liberator Medical Holdings, Inc.

Liberator Medical Holdings, Inc.'s subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors. An Exemplary Provider(TM) accredited by The Compliance Team, its unique combination of marketing, industry expertise and customer service has demonstrated success over a broad spectrum of chronic conditions. Liberator is recognized for offering a simple, reliable way to purchase medical supplies needed on a regular, ongoing, repeat-order basis, with the convenience of direct billing to Medicare and private insurance. Approximately 85% of its revenue comes from supplying products to meet the rapidly growing requirements of general medical supplies, personal mobility aids, diabetes, urological, ostomy and mastectomy patients. Liberator communicates with patients and their doctors on a regular basis regarding prescriptions and supplies. Customers may purchase by phone, mail or internet, with repeat orders confirmed with the customer and shipped when needed.

Safe Harbor Statement

Certain statements in this press release are not historical, but are forward-looking, and are subject to known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this press release. Such risks and uncertainties may include, but are not limited to, the Company's need to raise equity capital and its ability to obtain equity financing on acceptable terms, if at all, regulatory limitations on the medical industry in general, working capital constraints, fluctuations in customer demand and commitments, fluctuation in quarterly results, introduction of new services and products, commercial acceptance and viability of new services and products, pricing and competition, reliance upon subcontractors and vendors, the timing of new technology and product introductions, the risk of early obsolescence of our products and the other factors listed under "Risk and Uncertainties" in our annual report on Form 10-KSB for the fiscal year ended September 30, 2007 and our other filings with the Securities and Exchange Commission. We assume no obligation to update the information contained in this news release.

     Contacts:
      
     Liberator Medical Holdings, Inc.
     Mark Libratore
     President & CEO
     772-287-2414
     investors@liberatormedical.com
      
     Investor Relations Contact
     Gerald Kieft or Ryan Audin
     Wall Street Resources, Inc.
     772-219-7525
     LiberatorIR@wallstreetresources.net
     http://www.wallstreetresources.net