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Gold/Mining/Energy : MedcomSoft Inc. (MDCM)

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To: Grant MacMillan who wrote (119)7/23/1999 8:21:00 AM
From: AriKirA   of 140
 
MedcomSoft Inc -

MedcomSoft appoints William A. Cornelius as vice-president of
U.S. subsidiary, MedcomSoft Corp.

MedcomSoft Inc
MDCM
Shares issued 17,833,333
1999-07-22 close $0.85
Thursday Jul 22 1999
Mr. Sami Aita reports
MedcomSoft has appointed William A. Cornelius to the position of
vice-president, sales and marketing of its wholly owned U.S. subsidiary
MedcomSoft Corporation. In addition to leading business development initiatives
in the U.S., Mr. Cornelius's responsibilities in this role include the creation and
management of a U.S. based sales team.
Mr. Cornelius is a senior sales and marketing professional in the healthcare
information technologies industry. He has a very successful track record including
market development of new products in the U.S. Previously, he has managed
many successful teams of sales people and has out performed sales targets with
regularity. Mr. Cornelius states: "The market opportunity for MedcomSoft in the
U.S. is immense and it is definitely the right time for MedcomSoft to become an
industry leader. We have experienced a very positive response after preliminary
discussions with many of the country's leading healthcare organizations. Overall,
industry experts have indicated that MedcomSoft's products are superior to those
many of the leading vendors."
The appointment of Mr. Cornelius represents a continuation of MedcomSoft's
efforts to expand its business into the U.S. "The addition of Mr. Cornelius to the
MedcomSoft senior management team should accelerate our penetration into the
U.S. market as he utilizes his deep market and industry knowledge, to direct the
sales and marketing efforts of our U.S. subsidiary," said Dr. Sami Aita,
MedcomSoft's chairman and chief executive officer.
MedcomSoft products are pioneering the use of intelligent data entry systems and
the Internet to improve the collection and dissemination of healthcare information,
simplify workflows, improve the delivery and quality of patient care, and decrease
costs throughout the healthcare industry. The MedcomSoft platform was
developed to facilitate the business transactions and the exchange of information
between the different players in the healthcare industry which include: providers,
suppliers, insurers and payors. By leveraging the Internet infrastructure,
MedcomSoft is capable of rapidly deploying unique virtual healthcare information
networks that will support the capture, the aggregation and the secure
communication of multi-media electronic patient records.
The MedcomSoft healthcare provider solution, equipped with the most advanced
U.S. electronic medical nomenclature and artificial intelligent documentation
engine, enables the quick capture of clinical data in the finest resolution.
MedcomSoft's integrated automatic disease coding engine creates the foundation
for community data aggregation and research. MedcomSoft solutions support a
large spectrum of healthcare transactions such as eligibility, enrollment, claims
submission and processing, pharmaceutical and diagnostic ordering and results,
and many more. MedcomSoft products are designed to provide affordable and
scalable healthcare IT solutions coupled with the maximum possible security for
patient information.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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