|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.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 24, 2017 02:30 PM EST Reads: 5,917
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices 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 ...
Jan. 24, 2017 02:30 PM EST Reads: 5,390
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Jan. 24, 2017 02:15 PM EST Reads: 3,273
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Jan. 24, 2017 01:45 PM EST Reads: 3,018
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, 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.
Jan. 24, 2017 01:30 PM EST Reads: 4,497
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
Jan. 24, 2017 01:00 PM EST Reads: 1,738
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
Jan. 24, 2017 12:45 PM EST Reads: 5,928
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Jan. 24, 2017 12:00 PM EST Reads: 2,875
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Jan. 24, 2017 11:45 AM EST Reads: 3,076
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 24, 2017 10:45 AM EST Reads: 4,836
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
Jan. 24, 2017 08:45 AM EST Reads: 5,100
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Jan. 24, 2017 08:30 AM EST Reads: 2,020
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. 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 June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 24, 2017 07:45 AM EST Reads: 3,933
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Jan. 24, 2017 04:00 AM EST Reads: 6,713
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
Jan. 24, 2017 02:30 AM EST Reads: 4,291
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
Jan. 24, 2017 02:15 AM EST Reads: 6,734
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Jan. 24, 2017 02:00 AM EST Reads: 5,657
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Jan. 24, 2017 02:00 AM EST Reads: 1,989
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 24, 2017 12:30 AM EST Reads: 2,398
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jan. 24, 2017 12:30 AM EST Reads: 6,461