PLMD Polymedica Corp (MM)

PolyMedica Corporation (NASDAQ: PLMD) announced today that its Board of Directors has declared a regular cash dividend for its fiscal 2008 first quarter ended June 30, 2007, of $0.15 per share of PolyMedica common stock. The dividend is payable on August 16, 2007, to shareholders of record at the close of business on August 6, 2007. About PolyMedica For more than a decade, PolyMedica Corporation has been the nation�s largest provider of blood glucose testing supplies and related services to people with diabetes and today serves more than 943,000 active diabetes patients. The Company also offers a full service pharmacy to meet patients� medication needs and provides patient education to help its patients better manage their health conditions. Through proactive patient outreach, convenient home delivery and administrative support, PolyMedica makes it simple for patients to obtain the supplies and medications they need, while encouraging compliance with physicians� orders. More information about PolyMedica can be found on the Company�s website at www.polymedica.com.