MDS Inc. Blainville Operations acquired by Warnex Inc.

W. CONSHOHOCKEN, PA – August 31, 2006 – MDS Inc. (TSX: MDS; NYSE: MDZ) (“MDS”), based in Toronto, Canada, completed the divestiture of their Blainville, Quebec-based operations.


Fairmount Partners is one of the largest independent investment banking firms in the Mid-Atlantic region, focused exclusively on middle-market and emerging growth companies. Fairmount Partners provides a range of investment banking and capital advisory services, including merger and acquisition advisory, private debt and equity placements, fairness opinions, valuations and strategic advisory to fuel growth and maximize value for middle market companies. The firm focuses its activities on targeted industries in which it has a record of experience and success. While headquartered in suburban Philadelphia, Fairmount works with companies on a worldwide basis.

Our bankers come from the industries we serve, giving us a unique focus and insight into our clients’ businesses. Our bankers also have extensive experience in the global middle market, having closed transactions with companies in North America, Europe and Asia. By being focused and independent, Fairmount Partners serves its clients without conflicts of interest.

Fairmount Partners is a registered Broker Dealer, member FINRA ( and SIPC (

Principals of Fairmount Partners acted as advisors to MDS Inc. in this transaction.

Contact: Neal McCarthy