VANCOUVER, British Columbia -- (Business Wire) -- March 16, 2004

     Meridian Co., Ltd. ("Meridian" or the "Company")
(OTCBB:MRDAF) is pleased to announce that it will be attending the
20th Annual Korean International Medical and Hospital Equipment Show
("KIMES") that begins on March 19, 2004. KIMES is the largest and
longest-running medical equipment show in Southeast Asia. This annual
event has been the one of the most important and successful marketing
instrument for the Company.
     The last KIMES event covered an area of 23,184 square feet,
exhibited 622 companies from 34 countries, with over 52,000 traders
and visitors attending the show to inspect the cutting-edge medical
technology.
     The Company is looking forward to showcasing its products to its
highly qualified audience that comes specifically to see and learn
more about medical, surgical, pharmaceutical, hospital accommodation,
medical information systems and related medical equipment.
     Meridian is a leading supplier of medical devices to a wide
variety of health care practitioners. Meridian's major customers are
medical hospitals in China, Korea, Southeast Asia and the United
States. Along with introducing the products in Canada, the Company has
increased its sales force in the United States.
     The world medical instrument industry is a billion-dollar industry
with vast potential. It is anticipated that the medical instruments
and bio-signal recorder industries will account for 11% to 14% of the
worldwide market respectively. Revenues for the Company's products are
forecasted to increase by 42% in 2004 and 38% in 2005.

     Company Update:

     The Company's Canadian subsidiary, Belgium Medical Inc., has
launched its new website: meridianmedical.ca.
     This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21B
of the Securities Exchange Act of 1934. Any statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions or future
events or performance are not statements of historical fact and may be
"forward-looking statements." Forward-looking statements are based on
expectations, estimates and projections at the time the statements are
made that involve a number of risks and uncertainties which could
cause actual results or events to differ materially from those
presently anticipated.

Contacts:

Meridian Co., Ltd.
Craig Auringer, 604-647-0044
Website (Korean): www.meridian.co.kr
Website (North America): meridianmedical.ca