|By Marketwired .||
|January 28, 2013 09:28 AM EST||
TORONTO, ONTARIO -- (Marketwire) -- 01/28/13 -- EasyMed Services, Inc. (CNSX:EZM)(OTCBB:EMYSF)(MUN:EY6) (the "Company" or "EasyMed") is a global medical information technology company delivering an end-to-end patient care solution through mobile phone, PDA and server technologies.
Mr. Tejinder Sahota, EasyMed's Chief Executive Officer, is pleased to provide an update on the progress and developments of EasyMed. In 2012 the Company made substantial progress advancing its business, and the board of directors looks forward confidently to prospects for 2013.
As Chief Executive Officer of EasyMed, it is my great pleasure to address you today and review our corporate growth over 2012 and outline our vision for 2013. This year promises to be an exciting time for our company, and we intend to inform our shareholders and potential investors regularly of our progress as we move aggressively to roll out and commercialize our International Medical Passport and Easy SmartCare products.
Major Highlights of 2012
We are happy to have finalised the development of the International Medical Passport and are achieving positive marketing and sales results as it is recognised as an important service for all business travellers by making their medical records accessible worldwide by smartphone and combining a host of other features, including instant access to pre-approved doctors, clinics and hospitals around the world; pre-travel information such as vaccines and political situations on 300+ destinations; medication reminders; drug interactions and international equivalents.
The signed commitments by large international corporations for a trial of the International Medical Passport should leverage into considerable revenue streams in the B2B model for the company. Examples of these are French State Theatre Group, Comedie-Francaise, and Nexter Group, a European leader in the defence systems industry, who have signed trial commitments for their respective executive management teams and employees. These installations represent thousands of individuals utilizing the passport in travel to hundreds of countries around the world.
The Easy SmartCare software is also fully developed and achieving positive marketing results as a product that automatically allows healthcare providers to communicate with their patients via the Internet/mobile phones/PDAs or via SMS messaging which will ultimately improve patient care and deliver medical services at reduced cost. Examples of functions that Easy SmartCare automatically enables on behalf of healthcare providers include meeting confirmations and reminders; distribution of pre-visit questionnaires and preparation requirements; transfer of patient's medical files; delivery of reminders to patients concerning medications; and delivery of follow-up questionnaires.
We were very pleased with the results of the publication of a large-scale study by the University Hospital of Geneva (UHG). The study was performed by UHG's Division of Primary Care Medicine using EasyMed's Easy SmartCare technology and concluded that the EasyMed solution reduced patient absenteeism by 27.1%. This result validates the Company's position that the effective use of technology will significantly reduce rapidly growing healthcare costs around the world and positions EasyMed's Easy SmartCare solution as a leader in the growing field of mobile healthcare.
On the corporate and financial side, we recently closed a Private Placement for gross proceeds totalling CDN $1.25 million, which shows continued confidence in EasyMed's business model and the company as an emerging market leader in the growing field of mobile healthcare. The terms of the agreement included a $0.85 share and a warrant at $1.20; we believe this was again a positive signal to the markets of the continued confidence of our valued investor base.
We secured Depository Trust & Clearing Corporation (DTCC) eligibility for the Company's shares trading on Over-the-Counter Bulletin Board. Securing DTCC eligibility simplifies how EasyMed's securities may be traded or exchanged, thereby providing efficient means for settling trades electronically and providing shareholders greater liquidity, and broadening the scope of investors who will invest in the Company.
Further to this, we also recently filed our audited financial statements for fiscal years 2011 and 2012 with the SEC and OTC markets as a beginning step as the company moves to uplist from the "pink sheets" to the OTCQB. The OTCQB listing is expected to provide enhanced liquidity for our shareholders.
Needless to say, we are thrilled to have achieved these milestones and we look forward to continuing our momentum in 2013. With these operational goals achieved during 2012 our talented management team has been actively building the Company's business development pipeline and we are optimistic that 2013 will be a breakthrough year for EasyMed.
Strategic Vision for 2013
Our focus on developing our B2B market space is gaining traction and we are very excited about the opportunities we see on the horizon but the consumer space will become increasingly important as well. Our primary directive this year is the rapid commercialization of our International Medical Passport to the general public. In this regard, I am happy to report that we see this as a clear opportunity to drive top-line revenue with an unequivocal commitment to building shareholder value.
The fastest growing segment in the Mobile Health Market is the use of mobile applications and devices to monitor patient health remotely. Patient non-compliance contributes to over $100 billion in losses annually, and prescriptions filled each year that are not taken correctly contribute to over 125,000 deaths annually in US. President Obama's re-election has further changed the landscape of the Healthcare market. Under his administration every American citizen should have an electronic health record in the next few years.
We feel our timing to focus on the end consumer could not be better. The International Medical Passport makes the user's complete medical record accessible on a smartphone anywhere in the world and includes access to pre-approved doctors, clinics and hospitals. Our Medical Passport works on all phone, PDA and web platforms and operates in over 80 countries with 300+ mobile carriers. It is Cloud-based, secure, compliant, and accessible on iPhone, Android, Windows and BlackBerry platforms.
We are happy to report that we are launching a country-wide, cross-media marketing campaign in the USA in Q1 this year. Additionally, using key relationships with multinational corporations, with large consumer memberships, EasyMed hopes to accelerate growth in North America exponentially.
I am happy to report that our European business development efforts, aided by our strategic investor base, including Mr. George Koukis, are bearing fruit and allowing the company to benefit from a very robust international network. We have several international opportunities at the table, including finalizing a distribution agreement with the largest UK monopoly supplying primary care software, supporting over 38 million patients in the UK. Further, we are close to finalising an agreement with one of Europe's largest health portals. We look forward to updating you on our progress on these fronts.
We see the global mobile healthcare megatrend continuing to grow for many years to come and look forward to leveraging our hard work to position ourselves as a critical solution to the mHealth sector with our leading technology.
I thank you for your continued attention and support and look forward to communicating with you again soon.
Mr. Tejinder Sahota Chief Executive Officer
About EasyMed Services Inc.
EasyMed Services Inc. (CNSX:EZM)(OTCBB:EMYSF)(MUN:EY6) is a global medical information technology company delivering an end-to-end patient care solution through mobile phone, PDA and server technologies offering specialized services and applications for healthcare, insurance and pharmaceutical industries. We are committed to world-class customer service and the protection of our clients' information. To learn more, please visit www.EasyMedMobile.com.
This news release may contain forward-looking statements, which relate to future events or future performance, such as the continuing roll-out of the Company's primary product and the benefits of such products that may be realized by the Company's targeted customers, and reflect management's current expectations and assumptions about such future events or future performance. Forward-looking statements may also include, without limitation, any statement relating to future conditions or circumstances. These forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company and its management. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances or to reflect changes in the beliefs or opinions of the Company's management.
The CNSX has not reviewed this release and therefore does not accept responsibility for the adequacy or accuracy of this release.
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable older adults to live independent lives while staying connected to loved ones. M2M will continue to gr...
Jun. 3, 2015 02:30 AM EDT Reads: 3,572
“Connect2Me is basically a game changer in the IoT industry. We have created IoT connecter middleware that can enable a connection to any kind of device," explained Yasser Khan, CTO of Connect2Me, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 3, 2015 02:15 AM EDT Reads: 3,548
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
Jun. 3, 2015 01:15 AM EDT Reads: 3,228
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Jun. 3, 2015 12:15 AM EDT Reads: 3,162
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 3, 2015 12:15 AM EDT Reads: 6,126
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust IT industrialization – allowing customers to provide amazing user experiences with optimized IT per...
Jun. 3, 2015 12:00 AM EDT Reads: 2,540
Jun. 2, 2015 10:30 PM EDT Reads: 2,008
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Jun. 2, 2015 10:15 PM EDT Reads: 5,282
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Jun. 2, 2015 10:15 PM EDT Reads: 3,152
ThingsExpo New York is offering a limited time FREE "Expo Plus" registration option in New York. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, ThingsExpo sessions, expo floor, and SYS-CON.tv power panels. Special FREE registration givess access to all DevOps, Containers and Microservices sessions as well. Registration page is located at the ThingsExpo site.
Jun. 2, 2015 10:00 PM EDT Reads: 2,176
The only place to be Nov 3-5 is Cloud Expo | @ThingsExpo | DevOps Summit 2015 West at the Santa Clara Convention Center in Santa Clara, CA. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT, Big Data and DevOps companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic strategies that utility/cloud computing provides. Whether...
Jun. 2, 2015 08:45 PM EDT Reads: 2,491
DevOps Summit at Cloud Expo New York is offering a limited time FREE "Expo Plus" registration option in New York. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, @DevOpsSummit sessions at Cloud Expo, expo floor, and SYS-CON.tv power panels. Special FREE registration givess access to all Containers and Microservices sessions. Registration page is located at the DevOps Summit site. Your DevOps Summit registratio...
Jun. 2, 2015 07:30 PM EDT Reads: 2,122
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Jun. 2, 2015 06:00 PM EDT Reads: 3,812
Akana, a leading provider of API Management, API Security and Cloud Integration solutions, announced that it is introducing DevOps automation to the API lifecycle. New capabilities in Akana's API Management platform significantly reduce the time required to update API definitions and versions. DevOps teams will be able to work faster in designing and developing APIs, as well as managing them at runtime and publishing them to a portal.
Jun. 2, 2015 05:15 PM EDT Reads: 1,545
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it!
Jun. 2, 2015 05:00 PM EDT Reads: 1,786
Imagine a world where targeting, attribution, and analytics are just as intrinsic to the physical world as they currently are to display advertising. Advances in technologies and changes in consumer behavior have opened the door to a whole new category of personalized marketing experience based on direct interactions with products. The products themselves now have a voice. What will they say? Who will control it? And what does it take for brands to win in this new world? In his session at @ThingsExpo, Zack Bennett, Vice President of Customer Success at EVRYTHNG, will answer these questions a...
Jun. 2, 2015 04:00 PM EDT Reads: 1,654
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 2, 2015 03:00 PM EDT Reads: 5,384
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 2, 2015 01:00 PM EDT Reads: 4,802
2015 predictions circa 1970: houses anticipate our needs and adapt, city infrastructure is citizen and situation aware, office buildings identify and preprocess you. Today smart buildings have no such collective conscience, no shared set of fundamental services to identify, predict and synchronize around us. LiveSpace and M2Mi are changing that. LiveSpace Smart Environment devices deliver over the M2Mi IoT Platform real time presence, awareness and intent analytics as a service to local connected devices. In her session at @ThingsExpo, Sarah Cooper, VP Business of Development at M2Mi, will d...
Jun. 2, 2015 01:00 PM EDT Reads: 1,894
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are rapidly redefining traditional integration approaches and their reliance on proprietary connectors. ...
Jun. 2, 2015 12:45 PM EDT Reads: 1,335