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MMR Information Systems, Inc. to Enter Into Definitive Agreement With Unis-Tonghe Technology in China
LOS ANGELES, CA -- (MARKET WIRE) -- 11/19/09 -- MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR"), and Unis-Tonghe Technology (Zhengzhou) Co., Ltd ("UNIS"), announced that they will enter into a definitive agreement by the end of this year to form a joint venture to build a customized version of MMR's proprietary personal health record ("PHR") services (www.mymedicalrecords.com) and professional document imaging and management solutions in China. Luo Jianhui, Vice President and Chairman of Unisoft Group, Unis-Tonghe Technology, and Robert H. Lorsch, Chairman and CEO of MMR Information Systems, Inc., made the announcement today following meetings held last week at UNIS' corporate offices adjacent to Tsinghua University in Beijing.
UNIS is a subsidiary of Unisplendour Corporation Limited (SHE: 00938) (www.unis.cn), one of China's leading IT firms employing more than 25,000 people
. MMR's technology will support a UNIS medical records development project for China's 18,000 public hospital system and as many as 10,000 selected private hospitals throughout the country. China does not currently have a method of electronically acquiring, storing or transporting individual health records.
The meetings brought senior management and technology executives from MMR, UNIS and Nihilent, MMR's technology partner in India, together for a collaborative session on requirements to integrate the MyMedicalRecords Personal Health Record and MMRPro system (www.mymedicalrecordsmd.com) into a health IT platform that could be deployed throughout China's heathcare market. MMR also provides electronic safe deposit box storage solutions (www.myesafedepositbox.com) to the financial, legal and insurance industries which UNIS will help MMR introduce in China.
"China is embarking on the greatest healthcare reform in its modern history," Lorsch said. "The country will spend 180 billion RMB to create a fully electronic predictive health information network, including a Chinese version of MMR's popular Personal Health Record, integration of MMRPro and wellness tools to be available throughout the country. There are as many as 28,000 hospitals in China's 4,000 cities that do not have systems that talk to one another. By giving the Chinese population a copy of their own Personal Health Record, it helps ensure that anyone going to any hospital has the information necessary to obtain the best possible care."
MMR and UNIS are currently assembling technology and commercialization teams to assist in the necessary development and integration that will enable UNIS to launch the MyMedicalRecords platform by the 3rd quarter of next year. The agreement between MMR and UNIS will allow MMR to utilize the UNIS Cloud Computing Platform to facilitate the offering of the MyMedicalRecords PHR to the Ministry of Health and other government, financial, legal and medical entities in China.
According to Ravi Teja, who represented Nihilent at the meetings, "Nihilent will work with UNIS to utilize MMR's underlying platform to create a system that will meet the specific needs of the Chinese government. When the system is fully deployed, it will allow individuals to maintain a portable copy of their own Personal Health Record. It will also allow hospitals and doctors to track patients and disease trends regionally and throughout China.
This will assist the Chinese government in reducing healthcare costs and managing disease trends such as H1N1 Influenza and the healthcare resources to contain them, including deployment of medical personnel to areas in need," Teja added.
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (OTCBB: MMRF), through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for small to mid-size physician practices. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The Latino Coalition, MedicAlert, NRA, Qvisory, XN Financial and others. MMR is also an integrated service provider on Google Health. To learn more about MMR Information Systems, Inc. visit www.mmrinformationsystems.com.
About Unis-Tonghe Technology (Zhengzhou) Co., Ltd
Unisplendour Corporation Limitedwww.unis.cn is principally involved in the production and distribution of information and electronic products, as well as the provision of information technology (IT) services. The Company's businesses could be divided into five segments: information products segment, software integration segment, digital products distribution segment, communication technology segment and intelligent transportation segment. As of December 31, 2008, the Company had one wholly owned subsidiary and three partially owned subsidiaries including Unis-Tonghe www.unis-th.com. Unisplendour Corporation Limited is traded in China under the symbol SHE:000938.
About Nihilent
Nihilent is a global consulting and solutions integration company using a holistic and systems approach to problem solving. Headquartered in Pune, India, Nihilent's executive team has over 350 person years of experience in international consulting, IT outsourcing and IT services. Nihilent's operations span across North America, Europe, Africa, Middle East and Asia. Nihilent's mission 'Change for Performance' encapsulates its commitment to make change happen systemically in terms of people, process, technology and knowledge for achieving sustained performance for its clients. Nihilent has taken several initiatives to partner governments across the world in moving in the direction of good governance. www.nihilent.com.
Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "should," "expects," "believes," "potential," or the negative of such terms and other comparable terminology. MMR Information Systems, Inc. disclaims any intent or obligation to update any forward-looking statements. These forward-looking statements are based on MMR Information Systems, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations, as detailed from time to time in MMR Information Systems, Inc.'s public filings with the U.S. Securities and Exchange Commission.
Contact:
Bobbie VolmanMMR Information Systems, Inc.
(310) 476-7002, x2005
bvolman@mmrmail.com
or
Michael SelsmanPublic Communications Co.
310-553-5732
ms@publiccommunications.biz
LOS ANGELES, CA -- (MARKET WIRE) -- 11/19/09 -- MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR"), and Unis-Tonghe Technology (Zhengzhou) Co., Ltd ("UNIS"), announced that they will enter into a definitive agreement by the end of this year to form a joint venture to build a customized version of MMR's proprietary personal health record ("PHR") services (www.mymedicalrecords.com) and professional document imaging and management solutions in China. Luo Jianhui, Vice President and Chairman of Unisoft Group, Unis-Tonghe Technology, and Robert H. Lorsch, Chairman and CEO of MMR Information Systems, Inc., made the announcement today following meetings held last week at UNIS' corporate offices adjacent to Tsinghua University in Beijing.
UNIS is a subsidiary of Unisplendour Corporation Limited (SHE: 00938) (www.unis.cn), one of China's leading IT firms employing more than 25,000 people
. MMR's technology will support a UNIS medical records development project for China's 18,000 public hospital system and as many as 10,000 selected private hospitals throughout the country. China does not currently have a method of electronically acquiring, storing or transporting individual health records. The meetings brought senior management and technology executives from MMR, UNIS and Nihilent, MMR's technology partner in India, together for a collaborative session on requirements to integrate the MyMedicalRecords Personal Health Record and MMRPro system (www.mymedicalrecordsmd.com) into a health IT platform that could be deployed throughout China's heathcare market. MMR also provides electronic safe deposit box storage solutions (www.myesafedepositbox.com) to the financial, legal and insurance industries which UNIS will help MMR introduce in China.
"China is embarking on the greatest healthcare reform in its modern history," Lorsch said. "The country will spend 180 billion RMB to create a fully electronic predictive health information network, including a Chinese version of MMR's popular Personal Health Record, integration of MMRPro and wellness tools to be available throughout the country. There are as many as 28,000 hospitals in China's 4,000 cities that do not have systems that talk to one another. By giving the Chinese population a copy of their own Personal Health Record, it helps ensure that anyone going to any hospital has the information necessary to obtain the best possible care."
MMR and UNIS are currently assembling technology and commercialization teams to assist in the necessary development and integration that will enable UNIS to launch the MyMedicalRecords platform by the 3rd quarter of next year. The agreement between MMR and UNIS will allow MMR to utilize the UNIS Cloud Computing Platform to facilitate the offering of the MyMedicalRecords PHR to the Ministry of Health and other government, financial, legal and medical entities in China.
According to Ravi Teja, who represented Nihilent at the meetings, "Nihilent will work with UNIS to utilize MMR's underlying platform to create a system that will meet the specific needs of the Chinese government. When the system is fully deployed, it will allow individuals to maintain a portable copy of their own Personal Health Record. It will also allow hospitals and doctors to track patients and disease trends regionally and throughout China.
This will assist the Chinese government in reducing healthcare costs and managing disease trends such as H1N1 Influenza and the healthcare resources to contain them, including deployment of medical personnel to areas in need," Teja added.
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (OTCBB: MMRF), through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for small to mid-size physician practices. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The Latino Coalition, MedicAlert, NRA, Qvisory, XN Financial and others. MMR is also an integrated service provider on Google Health. To learn more about MMR Information Systems, Inc. visit www.mmrinformationsystems.com.
About Unis-Tonghe Technology (Zhengzhou) Co., Ltd
Unisplendour Corporation Limitedwww.unis.cn is principally involved in the production and distribution of information and electronic products, as well as the provision of information technology (IT) services. The Company's businesses could be divided into five segments: information products segment, software integration segment, digital products distribution segment, communication technology segment and intelligent transportation segment. As of December 31, 2008, the Company had one wholly owned subsidiary and three partially owned subsidiaries including Unis-Tonghe www.unis-th.com. Unisplendour Corporation Limited is traded in China under the symbol SHE:000938.
About Nihilent
Nihilent is a global consulting and solutions integration company using a holistic and systems approach to problem solving. Headquartered in Pune, India, Nihilent's executive team has over 350 person years of experience in international consulting, IT outsourcing and IT services. Nihilent's operations span across North America, Europe, Africa, Middle East and Asia. Nihilent's mission 'Change for Performance' encapsulates its commitment to make change happen systemically in terms of people, process, technology and knowledge for achieving sustained performance for its clients. Nihilent has taken several initiatives to partner governments across the world in moving in the direction of good governance. www.nihilent.com.
Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "should," "expects," "believes," "potential," or the negative of such terms and other comparable terminology. MMR Information Systems, Inc. disclaims any intent or obligation to update any forward-looking statements. These forward-looking statements are based on MMR Information Systems, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations, as detailed from time to time in MMR Information Systems, Inc.'s public filings with the U.S. Securities and Exchange Commission.
Contact:
Bobbie VolmanMMR Information Systems, Inc.
(310) 476-7002, x2005
bvolman@mmrmail.com
or
Michael SelsmanPublic Communications Co.
310-553-5732
ms@publiccommunications.biz
Antwort auf Beitrag Nr.: 38.422.489 von mcdiamond am 19.11.09 21:30:14Nun bereits 91 % 
Antwort auf Beitrag Nr.: 38.422.489 von mcdiamond am 19.11.09 21:30:14Close mit 105 %
Das könnte ein Tenbagger werden
Das könnte ein Tenbagger werden
Antwort auf Beitrag Nr.: 38.422.489 von mcdiamond am 19.11.09 21:30:14Guten Morgen allerseits -
wenns jemand nicht erwarten kann - hätte da 90.000 zu 0.13 in Berlin liegen
wenns jemand nicht erwarten kann - hätte da 90.000 zu 0.13 in Berlin liegen
Antwort auf Beitrag Nr.: 38.422.489 von mcdiamond am 19.11.09 21:30:14Habs wieder rausgenommen - ist mir zu gefährlich - geht heute bestimmt wieder ab wie Schmidts Katze
Trading Spotlight
SELBSTBEFRIEDIGUNG?
Antwort auf Beitrag Nr.: 38.428.256 von MrDiamond am 20.11.09 17:58:18Was haben Deine persönlichen Vorlieben in einem Aktienforum
zu suchen?
Sieht nach einer Stabilisierung um die .12 USD aus...
Leider kein Handel in Berlin.
Gr. Penny
zu suchen?
Sieht nach einer Stabilisierung um die .12 USD aus...
Leider kein Handel in Berlin.
Gr. Penny
Antwort auf Beitrag Nr.: 38.428.547 von Pennystockchampion am 20.11.09 18:28:17Hi Penny - musst Dir halt welche in den USA holen
Wieder geile News - mal sehen was heute abgeht. Wenn mal richtig Umsatz reinkommt, dann hauts den Deckel wech
MMR Information Systems, Inc. to Add Ongoing and Upcoming Clinical Trials to MyMedicalRecords.com Website
LOS ANGELES, CA -- (MARKET WIRE) -- 11/23/09 -- MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR") announced today it will add a clinical trials information service to its MyMedicalRecords Personal Health Record site, www.mymedicalrecords.com. The feature, being developed with Global Research Services, LLC ("GRS"), will enable visitors to easily find upcoming and ongoing clinical trials for patients, friends and family members who may be seeking new channels for treatment of disease. The information service will be offered as part of MMR's secure and easy-to-use Personal Health Record ("PHR") that provides individuals and families access to their medical records and other important documents anytime from anywhere in the world using the Internet.
Robert H. Lorsch, Chairman and CEO of MMR Information Systems, Inc., noted, "Having a Personal Health Record helps reduce medical costs and save lives. The ability to assist users in finding clinical trials adds to the value of MMR's core product and attracts users to the Company's website. By working with GRS to help provide pertinent and current information about locating and identifying clinical trials to fight disease, MMR Information Systems offers a valuable tool that could potentially prove beneficial to both patients and their physicians."
Similar to the drug interaction database that MyMedicalRecords offers utilizing the Cerner Multum Drug Content Database, licensed to MMR from Cerner Corp., the clinical trials service to be operated in conjunction with Global Research Services brings with it a full-service clinical trials management organization. GRS, headquartered in Rockville, Maryland with offices in Canada, Europe and Asia, is already partnering with the Company to bring its anti-CD20 monoclonal antibodies to market. The Company's anti-CD20 antibody asset, under patent protection until 2027, is potentially a candidate for the treatment of a variety of conditions known to be influenced by anti-CD20.
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (OTCBB: MMRF), through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), provides an electronic safe deposit box storage solutions serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for small to mid-size physician practices. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The Latino Coalition, MedicAlert, NRA, Qvisory, XN Financial and others. MMR is also an integrated service provider on Google Health. To learn more about MMR Information Systems, Inc. visit www.mmrinformationsystems.com.
About GRSworldwide
Global Research Services, LLC (GRS) is an international clinical research organization supplying a full range of clinical trial services to pharmaceutical, biotech, and medic al device companies. Headquartered in Maryland, GRS operates offices in North America, South America, Europe and Asia and helps clients worldwide complete their clinical development programs through a global site network, experienced staff, effective management plans and premier capabilities. www.grs-cro.com.
Forward-Looking Statement
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the Company's anti-CD20 antibody assets. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the development and approval of biotechnology product candidates and additional risks discussed in the Company's filings with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to the Company (or any person acting on the Company's behalf) are qualified by the cautionary statements in this notice. MMR Information Systems, Inc. is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
CONTACT:
Bobbie VolmanMMR Information Systems, Inc.
(310) 476-7002, Ext. 2005
bvolman@mmrmail.comMichael SelsmanPublic Communications Co.
(310) 553-5732
ms@publiccommunications.biz
Wieder geile News - mal sehen was heute abgeht. Wenn mal richtig Umsatz reinkommt, dann hauts den Deckel wech
MMR Information Systems, Inc. to Add Ongoing and Upcoming Clinical Trials to MyMedicalRecords.com Website
LOS ANGELES, CA -- (MARKET WIRE) -- 11/23/09 -- MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR") announced today it will add a clinical trials information service to its MyMedicalRecords Personal Health Record site, www.mymedicalrecords.com. The feature, being developed with Global Research Services, LLC ("GRS"), will enable visitors to easily find upcoming and ongoing clinical trials for patients, friends and family members who may be seeking new channels for treatment of disease. The information service will be offered as part of MMR's secure and easy-to-use Personal Health Record ("PHR") that provides individuals and families access to their medical records and other important documents anytime from anywhere in the world using the Internet.
Robert H. Lorsch, Chairman and CEO of MMR Information Systems, Inc., noted, "Having a Personal Health Record helps reduce medical costs and save lives. The ability to assist users in finding clinical trials adds to the value of MMR's core product and attracts users to the Company's website. By working with GRS to help provide pertinent and current information about locating and identifying clinical trials to fight disease, MMR Information Systems offers a valuable tool that could potentially prove beneficial to both patients and their physicians."
Similar to the drug interaction database that MyMedicalRecords offers utilizing the Cerner Multum Drug Content Database, licensed to MMR from Cerner Corp., the clinical trials service to be operated in conjunction with Global Research Services brings with it a full-service clinical trials management organization. GRS, headquartered in Rockville, Maryland with offices in Canada, Europe and Asia, is already partnering with the Company to bring its anti-CD20 monoclonal antibodies to market. The Company's anti-CD20 antibody asset, under patent protection until 2027, is potentially a candidate for the treatment of a variety of conditions known to be influenced by anti-CD20.
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (OTCBB: MMRF), through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), provides an electronic safe deposit box storage solutions serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for small to mid-size physician practices. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The Latino Coalition, MedicAlert, NRA, Qvisory, XN Financial and others. MMR is also an integrated service provider on Google Health. To learn more about MMR Information Systems, Inc. visit www.mmrinformationsystems.com.
About GRSworldwide
Global Research Services, LLC (GRS) is an international clinical research organization supplying a full range of clinical trial services to pharmaceutical, biotech, and medic al device companies. Headquartered in Maryland, GRS operates offices in North America, South America, Europe and Asia and helps clients worldwide complete their clinical development programs through a global site network, experienced staff, effective management plans and premier capabilities. www.grs-cro.com.
Forward-Looking Statement
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the Company's anti-CD20 antibody assets. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the development and approval of biotechnology product candidates and additional risks discussed in the Company's filings with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to the Company (or any person acting on the Company's behalf) are qualified by the cautionary statements in this notice. MMR Information Systems, Inc. is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
CONTACT:
Bobbie VolmanMMR Information Systems, Inc.
(310) 476-7002, Ext. 2005
bvolman@mmrmail.comMichael SelsmanPublic Communications Co.
(310) 553-5732
ms@publiccommunications.biz
Vorsicht ist die Mutter der Porzellankiste! Immer schön acht geben wo man investiert. Eine Analyse von Michael Selsman schadet in jedem Fall nicht. Nur so als Hinweis!
Keine Aufforderung zu gar nichts! nur zur Vorsicht!
Keine Aufforderung zu gar nichts! nur zur Vorsicht!
Achtung das ist die Hot List von EBELING HEFFERNAN und seinem Kumpanen Michael Selsman: Ich rate mal alle Kursverläufe auf Herz und Nieren zu prüfen!
$HYTM $GFGU $NPWZ $AMHN $MMRF $AEMC $COPI $TOMZ
$HYTM $GFGU $NPWZ $AMHN $MMRF $AEMC $COPI $TOMZ
Antwort auf Beitrag Nr.: 39.527.361 von gerdass am 16.05.10 01:42:17Hammernews - jetzt schon mehr als 60 %
Hammernews - jetzt schon mehr als 60 %
MMRGlobal Announces Call for Fourth Quarter and Year-End 2010 Earnings
MMRGlobal, Inc. (OTCBB: MMRF) today announced it will host a Fourth Quarter and Year-End 2010 Earnings conference call on Thursday, March 31, 2011, at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. Robert H. Lorsch, Chairman and Chief Executive Officer, and Ingrid Safranek, Chief Financial Officer, will discuss financial results and answer questions from stockholders. The Company plans on filing its Fourth Quarter Earnings and 2010 Annual Report on Form 10K on March 31st after the close of market.
Mr. Lorsch, who recently had been exercising options for the purchase of shares over the past several weeks, will discontinue purchases prior to and immediately after the earnings call due to a blackout period determined by the Governance Committee of the Company's Board of Directors starting today.
The conference call will be broadcast live over the Internet at http://phx.corporate-ir.net/...tails&c=178404&eventID=393053… or by linking to Investor Relations at www.mmrglobal.com. You will need to register 15 minutes prior to the start of the call. The call may also be accessed by calling 866-783-2144 or 857-350-1603 (Internationally). Participants should use passcode 54926853.
About MMRGlobal
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (MMR), provides secure and easy-to-use online Personal Health Records (PHRs) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. MMRGlobal's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMRGlobal, Inc. and its products, visit www.mmrglobal.com.
Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements, and some can be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," "help" and "continue," or the negative of such terms and other comparable terminology. MMRGlobal, Inc. disclaims any intent or obligation to revise or update any forward-looking statements. These forward-looking statements are based on MMRGlobal, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition, scheduling and timing of events reflected in its announcements, government regulation and changes in healthcare initiatives, and such other risks and uncertainties as detailed from time to time in MMRGlobal, Inc.'s public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
MMRGlobal, Inc. (OTCBB: MMRF) today announced it will host a Fourth Quarter and Year-End 2010 Earnings conference call on Thursday, March 31, 2011, at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. Robert H. Lorsch, Chairman and Chief Executive Officer, and Ingrid Safranek, Chief Financial Officer, will discuss financial results and answer questions from stockholders. The Company plans on filing its Fourth Quarter Earnings and 2010 Annual Report on Form 10K on March 31st after the close of market.
Mr. Lorsch, who recently had been exercising options for the purchase of shares over the past several weeks, will discontinue purchases prior to and immediately after the earnings call due to a blackout period determined by the Governance Committee of the Company's Board of Directors starting today.
The conference call will be broadcast live over the Internet at http://phx.corporate-ir.net/...tails&c=178404&eventID=393053… or by linking to Investor Relations at www.mmrglobal.com. You will need to register 15 minutes prior to the start of the call. The call may also be accessed by calling 866-783-2144 or 857-350-1603 (Internationally). Participants should use passcode 54926853.
About MMRGlobal
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (MMR), provides secure and easy-to-use online Personal Health Records (PHRs) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. MMRGlobal's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMRGlobal, Inc. and its products, visit www.mmrglobal.com.
Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements, and some can be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," "help" and "continue," or the negative of such terms and other comparable terminology. MMRGlobal, Inc. disclaims any intent or obligation to revise or update any forward-looking statements. These forward-looking statements are based on MMRGlobal, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition, scheduling and timing of events reflected in its announcements, government regulation and changes in healthcare initiatives, and such other risks and uncertainties as detailed from time to time in MMRGlobal, Inc.'s public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
20er Tageslinie wurde soeben gebrochen. Kaufsignal!
CEO Bob Lorsch
http://en.wikipedia.org/wiki/Bob_Lorsch
http://en.wikipedia.org/wiki/Bob_Lorsch
MMRF hat gestern die MA20 gebrochen und heute SAR support erhalten.
Sind die Zahlen heute abend gut, dann werden wir ruck zuck Richtung $0.10 laufen.
Aktuelles L2 findet ihr unten und unter:
http://www.otcmarkets.com/stock/MMRF/quote
Sind die Zahlen heute abend gut, dann werden wir ruck zuck Richtung $0.10 laufen.
Aktuelles L2 findet ihr unten und unter:
http://www.otcmarkets.com/stock/MMRF/quote
Heute webcast um 23:00 Uhr
15min vorher anmelden!
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetail…
15min vorher anmelden!
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetail…
MMRGlobal Reports 181% Increase in Revenues
LOS ANGELES, CA, Mar 31, 2011 (MARKETWIRE via COMTEX) -- MMRGlobal, Inc. (OTCBB: MMRF) ("MMR") today announced it has filed its annual report on Form 10K for the year ended December 31, 2010 with the U.S. Securities and Exchange Commission. The Company reported that revenues for the quarter ended December 31, 2010 increased by 181% when compared to the fourth quarter of 2009. In addition, during the twelve months ended December 31, 2010, the Company increased revenues by 57% when compared to the same period in 2009, while sales increased by 77%. The Company calculates sales by adding revenue plus deferred revenue. These numbers do not include any revenue from sales of MMRPro in the fourth quarter, due to a delay in the release of the MMRPro OEM version of the Kodak Scan Station 550, which is now scheduled for release by May 2011. Notwithstanding this, the Company projects revenues for the first quarter of 2011 to exceed the fourth quarter of 2010.
The Company also reported a decrease in cash operating losses. Cash operating losses are calculated by subtracting non-cash adjustments from the Company's net loss. Cash operating losses were reduced by 38% from $5.6 million in 2009 to $3.4 million in 2010, while the Company's net loss for the three months ended December 31, 2010 decreased by 46% from $3,516,026 in 2009 to $1,885,661 in 2010. The Company's total liabilities went down by $1.8 million or 21.3% in 2010, which includes a $368,000 or 12.4% reduction in Accounts Payable. In addition, G&A decreased by $1.15 million or 21.2%.
The Company's reported total losses of $17.9 million in 2010, 81% of which was non-cash, attributable to expenditures which stemmed mainly from the application of accounting principles to value derivative liabilities and equity, imputed interest in the sale of convertible notes, and stock options, warrants and common stock issued for services, among other similar types of expenses. This compares to a net loss in 2009 of $10.3 million. However, the non-cash portion in 2009 was 45%. As a result of accumulated pre-Merger and post-Merger operating losses of nearly $180 million dollars, the Company may qualify for substantial tax loss carry forwards in the future. In addition, during the year, employees, directors, affiliates and vendors converted $1.6 million in liabilities and debt into shares at an average price of $0.122 per share. Of this amount, 706,605 shares were purchased by the Company's CEO at $0.125 per share.
The Company plans on continuing to utilize its equity to reduce liabilities and strengthen our balance sheet. Issuances of stock, warrants and options have enabled MMR to obtain advertising, marketing and other services that a Company of its size might not otherwise have been able to afford.
The Board of Directors continues to utilize the value of the Company's equity conservatively to generate cash, retire liabilities and debt, motivate employees and recruit management, as well as for strategic alliances and M&A opportunities. Since November 1, 2010 through March 1, 2011, the Company has issued approximately 6.23% of its stock for these and similar purposes inclusive of all financing activities.
"MMR Global continues to grow and to execute on its business plan. We are constantly working on improvements to our technology, and maximizing the value of our strategic alliances with such multi-national companies as Kodak, Chartis, and Unis-TongHE in China, as well as our legacy biotech assets," said MMRGlobal Chairman and CEO Robert H. Lorsch. "Additionally, in 2011 we plan on paying significant attention to identifying a major relationship in offering our services with a wireless carrier while we continue to explore opportunities with additional strategic partners and while we also continue to seek potential M&A opportunities."
The Company believes that there may be significantly greater value in the pre-Merger Favrille biotech assets than it previously anticipated as a result of discovery obtained in a lawsuit filed by The RHL Group in 2010 against a former Favrille officer and others. As a result, the Company plans on continuing further exploitation of its pre-Merger intellectual property, which includes data and samples from its FavId(TM)/Specifid(TM) clinical trials to treat B-cell lymphoma along with its anti-CD20 monoclonal antibodies and other related products and patents. Through consultants and others, MMR is working to utilize these assets with universities, research foundations, manufacturers, institutional investors and others for the benefit of the Company's shareholders.
In MMRGlobal's primary business of health IT, the Company continues to see opportunities for growth as healthcare professionals look for the most efficient ways to adopt health information technology in response to requirements of meaningful use and the mandatory adoption of electronic and personal health records by 2014. In 2010, the Company launched the MMR Stimulus Program which it believes can generate more monies to physicians than government programs over less time with Company products that are cost-effective and cause minimal workflow disruption during installation.
The Company continues to leverage its technology to improve margin and create significant barriers to competitive entry. One of the Company's developments in 2010 was the deployment of a proprietary health information and communications network to support its MyMedicalRecords Personal Health Record and MMRPro suite of products and services. The new network, called MMRGlobal Infocom, enables the Company to reduce certain infrastructure costs by more than 60% while upgrading its services to include VoIP Gateways and virtualized service options that are necessary to the operation of its patented Electronic Health Record platform and services. Additionally, MMRGlobal is exploring licensing and reseller opportunities using the new platform to generate service revenue from government health information exchanges, healthcare companies and others with similar needs.
This deployment gives the Company control over its own destiny since we now own our platform operations and, as part of our global expansion, have the ability to securely operate with multiple data centers and integrate our products with any carrier in the world. This capability should help facilitate shorter lead times to market and better service Chartis International, Kodak in the Pacific Rim, Unis-TongHE in China and eventually help the Company launch services worldwide.
In 2010 MMRGlobal continued a trend of creating business milestones. Some of these milestones include:
-- In January, the Company launched the MMRPro Stimulus Program
(http://www.youtube.com/mmrglobal#p/u/5/oZ-SZcGvNjw) which rewards
MMRPro users when their patients upgrade from the system's
MMRPatientView portal (www.mmrpatientvideos.com) to a full-featured
MyMedicalRecords Personal Health Record.
-- In February, MMR was invited to showcase its MMRPro system
(www.mmrprovideos.com) at the Kodak Executive Summit (KES) in San
Antonio, Texas, an invitation-only conference for selected Kodak
authorized imaging resellers, distributors and independent software
vendors and the senior management of Kodak's Document Imaging
business.
-- At the HIMSS 2010 Annual Conference & Exhibition in Atlanta during
March, MMR introduced a completely redesigned Personal Health Record
for its MyMedicalRecords PHR and presented MMRPro to an international
audience of over 27,000 attendees, which included hospital
administrators, physicians, government representatives, the military,
financial analysts, institutional investors and other healthcare
professionals. Advisory Board members in attendance were Astronaut
Buzz Aldrin, former U.S. Congressman and House Majority Leader,
Richard A. Gephardt, former U.S. Congressman and the first Under
Secretary of Homeland Security, Asa Hutchinson, and former
Administrator of the U.S. Small Business Administration, Hector V.
Barreto.
-- In March, Chartis Insurance (formerly AIG) announced it will be
providing MMR's secure online Personal Health Record to Chartis
policyholders worldwide.
-- In May, MMR announced that Fred Middleton, Managing Director of
Sanderling Ventures, and Ivor Royston, M.D., Founding Managing Member
of Forward Ventures and a co-founder of IDEC Pharmaceuticals (now
Biogen Idec), both pre-Merger Favrille Board of Directors' members,
joined MMR's Board of Advisors to advise on the strategy for
maximizing the value of the Company's biotech assets.
-- In June, MMRGlobal was a sponsor of the 37th Annual Daytime Emmy(R)
Awards broadcast on the CBS Television Network, where it launched
"Putting the Future of Your Health at Work Today" campaign
(www.mmrontv.com) designed to educate the public on the importance of
having a Personal Health Record, especially during an emergency. The
primetime show reached as many as seven million viewers.
-- In August, MMRGlobal signed its first distribution agreement with a
Kodak Reseller. Image Access Corporation is Kodak's largest reseller
of document imaging products and services. Image Access sells the
MMRPro electronic document management solution to hospitals, alternate
care facilities and physician practices and clinics.
-- In September, MMRGlobal expanded its advertising of Personal Health
Records products and services on nationally syndicated television in
"The Spirit of Mississippi" on the Hallmark Channel.
-- Also in September, the Company installed the MMRPro professional
solution for digitizing medical records in the Spalding Surgical
Center of Beverly Hills, allowing more than 20 physicians working out
of the Center to have access to patient documentation regardless of
the system currently used in their other offices and opening the
channel to the surgery center market.
-- In October, Chartis Global Marine and Energy began offering a
private-labeled MyMedicalRecords PHR to its North America
policyholders. MMR Board advisor Buzz Aldrin appeared with Tom
Morelli, President of the Global Marine and Energy Casualty Division
of Chartis, in a training video for its sales force. In October,
MMRGlobal also announced plans with Kodak to deploy a new version of
the MMRPro system operating through a proprietary customized interface
on the new KODAK Scan Station Pro 550 at the Medical Group Management
Association (MGMA) Annual Conference.
-- Also in October, MMR announced plans to offer U.S. Veterans the
opportunity to maintain all their medical records and personal health
information directly in a MyMedicalRecords Personal Health Record
located at www.MyBlueButton.org.
-- In November, Sunil Singhal, a co-founder and former Chief Operating
Officer, North America of India's Nihilent Technologies, joined
MMRGlobal as an Executive Vice President to oversee development of the
Company's proprietary information technologies.
-- In December, MMRGlobal and Texas-based MMX Holdings, LLC announced
integration of MMRPro into the MMX dashboard-based financial and
operating management tool for ambulatory surgical centers (ASCs)
(www.managemyasc.com). MMRPro will be featured on the Manage My ASC
dashboard and marketed to thousands of surgery centers located
throughout the United States.
-- Also in December, the Company launched advertising on Facebook,
including the "Invest in Your Family's Health and Financial Future"
campaign surpassing the 100 million impression mark in its initial
ninety-day run.
-- On December 21, 2010, MMRGlobal entered into a Non-Exclusive License
Agreement with a major biopharmaceutical company wherein MMR licensed,
on a non-exclusive basis, the use of portions of the Company's
clinical and scientific data.
2010 was a year of results for MMRGlobal. Nothing demonstrates results more than recognition from partners and peers. On February14 of this year, MMR was named Kodak's Overall Best Independent Software Vendor for 2010 at the Kodak Americas Region Document Imaging Channel Awards in Orlando, Florida. The Company also announced an understanding with Kodak to sign a private label equipment purchase agreement which could represents more than 10 million dollars in MMRPro system sales over the next 15 months.
Digitization of medical records is now a national policy. MMR is fortunate to be positioned to take advantage of this historic and opportune event. MMR's technology platform already integrates voice, fax and e-storage document management solutions in both English and Spanish. MMR also continues to be an integrated service provider on Google Health, which allows users to synchronize information between the Google Health offering and a MyMedicalRecords PHR account at the click of a mouse.
About MMRGlobal
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (MMR), provides secure and easy-to-use online Personal Health Records (PHRs) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. MMRGlobal's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMRGlobal, Inc. and its products, visit www.mmrglobal.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Forward-looking statements can generally be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; product integration in physician practices, surgery centers and hospitals; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product introductions; ability to establish and maintain strategic relationships; ability to identify and integrate acquisitions; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; acceptance of the Company's marketing and promotional campaigns; risks related to a security breach by third parties; maintaining, developing and defending our intellectual property rights including those pertaining to our biotechnology assets; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and additional risks discussed in the Company's filings with the Securities and Exchange Commission. Additionally, we are a developing early-stage company and many variables can affect revenues and/or projections, including factors out of our control.
Additional information regarding forward-looking statements and other risks and uncertainties to which our business is subject is contained in our annual report on Form 10-K for our fiscal year ended December 31, 2010, which we filed with the Securities and Exchange Commission on March 31, 2010. Due to those risks and uncertainties, you are cautioned not to place undue reliance on the forward-looking statements contained in this press release, which speak only as of the date of this press release, or to make predictions about future financial performance based solely on our historical financial performance. The Company also disclaims any obligation to update or revise any of the forward-looking statements as a result of new information, future events or otherwise, except as may be required by applicable law.
CONTACT:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
SOURCE: MMRGlobal, Inc.
CONTACT: mailto:ms@publiccommunications.biz
Copyright 2011 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Software
Financial Services:Commercial and Investment Banking
Medical and Healthcare:Healthcare
Medical and Healthcare:Facilities and Providers
Financial Services:Investment Services and Trading
LOS ANGELES, CA, Mar 31, 2011 (MARKETWIRE via COMTEX) -- MMRGlobal, Inc. (OTCBB: MMRF) ("MMR") today announced it has filed its annual report on Form 10K for the year ended December 31, 2010 with the U.S. Securities and Exchange Commission. The Company reported that revenues for the quarter ended December 31, 2010 increased by 181% when compared to the fourth quarter of 2009. In addition, during the twelve months ended December 31, 2010, the Company increased revenues by 57% when compared to the same period in 2009, while sales increased by 77%. The Company calculates sales by adding revenue plus deferred revenue. These numbers do not include any revenue from sales of MMRPro in the fourth quarter, due to a delay in the release of the MMRPro OEM version of the Kodak Scan Station 550, which is now scheduled for release by May 2011. Notwithstanding this, the Company projects revenues for the first quarter of 2011 to exceed the fourth quarter of 2010.
The Company also reported a decrease in cash operating losses. Cash operating losses are calculated by subtracting non-cash adjustments from the Company's net loss. Cash operating losses were reduced by 38% from $5.6 million in 2009 to $3.4 million in 2010, while the Company's net loss for the three months ended December 31, 2010 decreased by 46% from $3,516,026 in 2009 to $1,885,661 in 2010. The Company's total liabilities went down by $1.8 million or 21.3% in 2010, which includes a $368,000 or 12.4% reduction in Accounts Payable. In addition, G&A decreased by $1.15 million or 21.2%.
The Company's reported total losses of $17.9 million in 2010, 81% of which was non-cash, attributable to expenditures which stemmed mainly from the application of accounting principles to value derivative liabilities and equity, imputed interest in the sale of convertible notes, and stock options, warrants and common stock issued for services, among other similar types of expenses. This compares to a net loss in 2009 of $10.3 million. However, the non-cash portion in 2009 was 45%. As a result of accumulated pre-Merger and post-Merger operating losses of nearly $180 million dollars, the Company may qualify for substantial tax loss carry forwards in the future. In addition, during the year, employees, directors, affiliates and vendors converted $1.6 million in liabilities and debt into shares at an average price of $0.122 per share. Of this amount, 706,605 shares were purchased by the Company's CEO at $0.125 per share.
The Company plans on continuing to utilize its equity to reduce liabilities and strengthen our balance sheet. Issuances of stock, warrants and options have enabled MMR to obtain advertising, marketing and other services that a Company of its size might not otherwise have been able to afford.
The Board of Directors continues to utilize the value of the Company's equity conservatively to generate cash, retire liabilities and debt, motivate employees and recruit management, as well as for strategic alliances and M&A opportunities. Since November 1, 2010 through March 1, 2011, the Company has issued approximately 6.23% of its stock for these and similar purposes inclusive of all financing activities.
"MMR Global continues to grow and to execute on its business plan. We are constantly working on improvements to our technology, and maximizing the value of our strategic alliances with such multi-national companies as Kodak, Chartis, and Unis-TongHE in China, as well as our legacy biotech assets," said MMRGlobal Chairman and CEO Robert H. Lorsch. "Additionally, in 2011 we plan on paying significant attention to identifying a major relationship in offering our services with a wireless carrier while we continue to explore opportunities with additional strategic partners and while we also continue to seek potential M&A opportunities."
The Company believes that there may be significantly greater value in the pre-Merger Favrille biotech assets than it previously anticipated as a result of discovery obtained in a lawsuit filed by The RHL Group in 2010 against a former Favrille officer and others. As a result, the Company plans on continuing further exploitation of its pre-Merger intellectual property, which includes data and samples from its FavId(TM)/Specifid(TM) clinical trials to treat B-cell lymphoma along with its anti-CD20 monoclonal antibodies and other related products and patents. Through consultants and others, MMR is working to utilize these assets with universities, research foundations, manufacturers, institutional investors and others for the benefit of the Company's shareholders.
In MMRGlobal's primary business of health IT, the Company continues to see opportunities for growth as healthcare professionals look for the most efficient ways to adopt health information technology in response to requirements of meaningful use and the mandatory adoption of electronic and personal health records by 2014. In 2010, the Company launched the MMR Stimulus Program which it believes can generate more monies to physicians than government programs over less time with Company products that are cost-effective and cause minimal workflow disruption during installation.
The Company continues to leverage its technology to improve margin and create significant barriers to competitive entry. One of the Company's developments in 2010 was the deployment of a proprietary health information and communications network to support its MyMedicalRecords Personal Health Record and MMRPro suite of products and services. The new network, called MMRGlobal Infocom, enables the Company to reduce certain infrastructure costs by more than 60% while upgrading its services to include VoIP Gateways and virtualized service options that are necessary to the operation of its patented Electronic Health Record platform and services. Additionally, MMRGlobal is exploring licensing and reseller opportunities using the new platform to generate service revenue from government health information exchanges, healthcare companies and others with similar needs.
This deployment gives the Company control over its own destiny since we now own our platform operations and, as part of our global expansion, have the ability to securely operate with multiple data centers and integrate our products with any carrier in the world. This capability should help facilitate shorter lead times to market and better service Chartis International, Kodak in the Pacific Rim, Unis-TongHE in China and eventually help the Company launch services worldwide.
In 2010 MMRGlobal continued a trend of creating business milestones. Some of these milestones include:
-- In January, the Company launched the MMRPro Stimulus Program
(http://www.youtube.com/mmrglobal#p/u/5/oZ-SZcGvNjw) which rewards
MMRPro users when their patients upgrade from the system's
MMRPatientView portal (www.mmrpatientvideos.com) to a full-featured
MyMedicalRecords Personal Health Record.
-- In February, MMR was invited to showcase its MMRPro system
(www.mmrprovideos.com) at the Kodak Executive Summit (KES) in San
Antonio, Texas, an invitation-only conference for selected Kodak
authorized imaging resellers, distributors and independent software
vendors and the senior management of Kodak's Document Imaging
business.
-- At the HIMSS 2010 Annual Conference & Exhibition in Atlanta during
March, MMR introduced a completely redesigned Personal Health Record
for its MyMedicalRecords PHR and presented MMRPro to an international
audience of over 27,000 attendees, which included hospital
administrators, physicians, government representatives, the military,
financial analysts, institutional investors and other healthcare
professionals. Advisory Board members in attendance were Astronaut
Buzz Aldrin, former U.S. Congressman and House Majority Leader,
Richard A. Gephardt, former U.S. Congressman and the first Under
Secretary of Homeland Security, Asa Hutchinson, and former
Administrator of the U.S. Small Business Administration, Hector V.
Barreto.
-- In March, Chartis Insurance (formerly AIG) announced it will be
providing MMR's secure online Personal Health Record to Chartis
policyholders worldwide.
-- In May, MMR announced that Fred Middleton, Managing Director of
Sanderling Ventures, and Ivor Royston, M.D., Founding Managing Member
of Forward Ventures and a co-founder of IDEC Pharmaceuticals (now
Biogen Idec), both pre-Merger Favrille Board of Directors' members,
joined MMR's Board of Advisors to advise on the strategy for
maximizing the value of the Company's biotech assets.
-- In June, MMRGlobal was a sponsor of the 37th Annual Daytime Emmy(R)
Awards broadcast on the CBS Television Network, where it launched
"Putting the Future of Your Health at Work Today" campaign
(www.mmrontv.com) designed to educate the public on the importance of
having a Personal Health Record, especially during an emergency. The
primetime show reached as many as seven million viewers.
-- In August, MMRGlobal signed its first distribution agreement with a
Kodak Reseller. Image Access Corporation is Kodak's largest reseller
of document imaging products and services. Image Access sells the
MMRPro electronic document management solution to hospitals, alternate
care facilities and physician practices and clinics.
-- In September, MMRGlobal expanded its advertising of Personal Health
Records products and services on nationally syndicated television in
"The Spirit of Mississippi" on the Hallmark Channel.
-- Also in September, the Company installed the MMRPro professional
solution for digitizing medical records in the Spalding Surgical
Center of Beverly Hills, allowing more than 20 physicians working out
of the Center to have access to patient documentation regardless of
the system currently used in their other offices and opening the
channel to the surgery center market.
-- In October, Chartis Global Marine and Energy began offering a
private-labeled MyMedicalRecords PHR to its North America
policyholders. MMR Board advisor Buzz Aldrin appeared with Tom
Morelli, President of the Global Marine and Energy Casualty Division
of Chartis, in a training video for its sales force. In October,
MMRGlobal also announced plans with Kodak to deploy a new version of
the MMRPro system operating through a proprietary customized interface
on the new KODAK Scan Station Pro 550 at the Medical Group Management
Association (MGMA) Annual Conference.
-- Also in October, MMR announced plans to offer U.S. Veterans the
opportunity to maintain all their medical records and personal health
information directly in a MyMedicalRecords Personal Health Record
located at www.MyBlueButton.org.
-- In November, Sunil Singhal, a co-founder and former Chief Operating
Officer, North America of India's Nihilent Technologies, joined
MMRGlobal as an Executive Vice President to oversee development of the
Company's proprietary information technologies.
-- In December, MMRGlobal and Texas-based MMX Holdings, LLC announced
integration of MMRPro into the MMX dashboard-based financial and
operating management tool for ambulatory surgical centers (ASCs)
(www.managemyasc.com). MMRPro will be featured on the Manage My ASC
dashboard and marketed to thousands of surgery centers located
throughout the United States.
-- Also in December, the Company launched advertising on Facebook,
including the "Invest in Your Family's Health and Financial Future"
campaign surpassing the 100 million impression mark in its initial
ninety-day run.
-- On December 21, 2010, MMRGlobal entered into a Non-Exclusive License
Agreement with a major biopharmaceutical company wherein MMR licensed,
on a non-exclusive basis, the use of portions of the Company's
clinical and scientific data.
2010 was a year of results for MMRGlobal. Nothing demonstrates results more than recognition from partners and peers. On February14 of this year, MMR was named Kodak's Overall Best Independent Software Vendor for 2010 at the Kodak Americas Region Document Imaging Channel Awards in Orlando, Florida. The Company also announced an understanding with Kodak to sign a private label equipment purchase agreement which could represents more than 10 million dollars in MMRPro system sales over the next 15 months.
Digitization of medical records is now a national policy. MMR is fortunate to be positioned to take advantage of this historic and opportune event. MMR's technology platform already integrates voice, fax and e-storage document management solutions in both English and Spanish. MMR also continues to be an integrated service provider on Google Health, which allows users to synchronize information between the Google Health offering and a MyMedicalRecords PHR account at the click of a mouse.
About MMRGlobal
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (MMR), provides secure and easy-to-use online Personal Health Records (PHRs) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. MMRGlobal's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMRGlobal, Inc. and its products, visit www.mmrglobal.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Forward-looking statements can generally be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; product integration in physician practices, surgery centers and hospitals; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product introductions; ability to establish and maintain strategic relationships; ability to identify and integrate acquisitions; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; acceptance of the Company's marketing and promotional campaigns; risks related to a security breach by third parties; maintaining, developing and defending our intellectual property rights including those pertaining to our biotechnology assets; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and additional risks discussed in the Company's filings with the Securities and Exchange Commission. Additionally, we are a developing early-stage company and many variables can affect revenues and/or projections, including factors out of our control.
Additional information regarding forward-looking statements and other risks and uncertainties to which our business is subject is contained in our annual report on Form 10-K for our fiscal year ended December 31, 2010, which we filed with the Securities and Exchange Commission on March 31, 2010. Due to those risks and uncertainties, you are cautioned not to place undue reliance on the forward-looking statements contained in this press release, which speak only as of the date of this press release, or to make predictions about future financial performance based solely on our historical financial performance. The Company also disclaims any obligation to update or revise any of the forward-looking statements as a result of new information, future events or otherwise, except as may be required by applicable law.
CONTACT:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
SOURCE: MMRGlobal, Inc.
CONTACT: mailto:ms@publiccommunications.biz
Copyright 2011 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Computers and Software:Software
Financial Services:Commercial and Investment Banking
Medical and Healthcare:Healthcare
Medical and Healthcare:Facilities and Providers
Financial Services:Investment Services and Trading
Immer wenn es zu einem EMA8/EMA34 Cross kam, hat die Aktie einen großen Run hingelegt!
Achtet auf das Cross - es könnte bald wieder der Fall hier eintreten...
Achtet auf das Cross - es könnte bald wieder der Fall hier eintreten...
MMRF hat den Downtrendbreak vollzogen.
Siehe Bild unten...
Siehe Bild unten...
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