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Gold/Mining/Energy : MedcomSoft Inc. (MDCM) -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (124)	11/10/1999 10:43:00 PM
From: AriKirA	Respond to of 140

MedcomSoft Inc - MedcomSoft to supply MedWorks 3.0 to Med-Emerg MedcomSoft Inc MDCM Shares issued 17,833,333 1999-11-09 close $0.8 Wednesday Nov 10 1999 Dr. Sami Aita reports Medcomsoft and Med-Emerg International Inc., one of the largest physician practice management companies in Canada, have signed a non-binding letter of intent focused on a series of transactions to develop a Canada-wide virtual health information network and secure Web browser health care applications for consumers and physicians. By combining the power of MedcomSoft's MedWorks 3.0 practice management and Web-enabled medical record software and Med-Emerg's primary care operation and new secure Web browser applications and the Professional Health Monitor, consumers will be able to access reliable health information and advice that has been prescreened by their physicians. Families will have point and click access to their personal electronic health records and wellness plans in complete privacy, thereby empowering them to take control and manage their health in partnership with their physician. Under the contemplated transactions, MedcomSoft will supply its leading MedWorks 3.0 software product to all Med-Emerg's contracted physicians with the initial 200 licences to be implemented before the end of the next quarter. In addition, MedcomSoft and Med-Emerg will enter into an alliance for the co-marketing and distribution of their respective products and services in both Canada and the United States. Carl W. Pahapill, president of Med-Emerg, said: "Med-Emerg and MedcomSoft are the ideal strategic partners for Web-based health care information services. After extensive research, we believe that MedcomSoft's MedWorks 3.0 is one of the leading electronic patient medical record available on the market today that support a full medical nomenclature and dynamically makes secure clinical data available on the Web. Our strategy is to establish revenue-generating businesses in all key health care markets as we unite health care professional and consumer needs." Dr. Sami Aita, president and chief executive officer of MedcomSoft, said: "We are very excited with the potential of this new alliance with Med-Emerg that will establish a nationwide virtual health care information network. The addition of Med-Emerg's Clinic@Home and the Professional Health Monitor Web products will enable health care providers to improve the quality and efficiency with which they treat their patients. This will make our network a unique model in the delivery of cost-effective, evidence-based health care in North America. Med-Emerg International is a health care solutions company specializing in practice management, the co-ordination and contract staffing of physicians for hospitals and clinics and manages its subsidiary, HealthyConnect.com, an Internet information technology company. HealthyConnect.com is an eHealth industry participant providing connectivity and Web-based health products and dynamic health information content to its rapidly growing subscriber base. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)