hoopajoo.net
Super Namoid!
Namoid is a name generator that uses letter frequencies from a dictionary to generate words or names that resemble the dictionary. It could be used for creating company names, games names, character names, buzzwords, or anything really. Choose a minimum and maximum length for words to be generated, and namoid will try to generate as many words as possible in 1 second. By changing the Resemble Words option you can get more or less words, where Strongly makes fewer words but they more closely resemble the input, and Little makes a lot of words that look almost nothing like the input database. The Dynamic will use each one as appropriate to try and make a lot of words that sound OK. I would suggest trying each setting to see the difference, although the Strongly option will certainly produce the best results if the input dictionary was large like the medical dictionary. My favorite is the arcade game dictionary, making up games that never existed like Dog Jump and Beast Spy.

Some settings that seem to work well (also don't forget to try them with Dynamic):
Min Length:
Max Length:
Dictionary:
Resemble Words:
Nettontaill Indian Bat
Southern Blaching
Tokay Grountish
Red-tailler
Boary Phala
Africanaco
African Clawler
Radill
Easter Mockingo
Stanley Peccasiater
Goldebeested Lizard
Ringed Duckwallaroo
Golian Cordon-bandi
Darter
Cape Crowned Cat
Spur-hornbil
Pered Cat
Malapagonitork
Blue andian Flamingbok
Cougaroo Raver Monitor
Rosed Spard
Wester Dover-bander
Mallaroo
Ostraliant Herong-tail
Tasmandrasher Caracock
Jaguanadian Flama Bat
Tapire Boa
Malapanesert Stor Lowl
White Raced Heron
Red Squar
Brocked Fox
Sider-billant's Dik
Hotter Monkeye
Common Geneye
Euron
Woollan
Sock Indi
Bent Heron
Prairy Phalag Goose
Wartriped Stardson
Golder Adjutantle
Grison-backal
Guanagellark
Swallared Nuthern Hear
Southern
Grayinged Hornbil
Springer
Common Bandi
Red-tail Cameleon
Austrate
Red Squirrel Gull
Carpeted Cattle
Canadiled Fox
European Goldebe
Common Mantle
Scaraca
Gecked Cattle
Royala
Super Ottern Boa
Eastern Dolphingoose
White-necker
Yellow-taile Wild Wate
Leadowlan
Pacan Beared Shello
Sockatoot
Spoon Zebra
White-foot Catfish
Zorrown Horn
Bentaile Monitork
Hornia Seal
Openbillare
Salla
Spur-wingbiru Stor
Tawny Longo
Grountaillan
Barro
Gelada Bate
African Ringonfly
Blue and
Europic Lemming Dove
Europe Flats Lechingle
Sugar
Fat-billander White
Common Paracaque
Sockatoo
Bee-ear
Emeri's Ground Yellare
Common
Galapanzee
Prairy Cat
Radian Sea Lizarab
Black Swalla
Brown Beard
Black-crestern Walla
Groundi
Griffchardinger
Desertail Rocking Cock
Blackat
Ameri's Nutcracaw
Fairie
Easter Water Rollan
Common Vulture
Souther
Giraffe
Asiant
Common Rat
Dusk Ox
Brown and
Catfishern Trotter
Blacker
American Pengar
Red Turtle Collabara
Lapwing
Black Cockatoo
Coquirrellow
Brown andi
Potor Red-legged Fox
Smallan
Tasman
Blue Snake-necko