Welcome!

Wearables Authors: Elizabeth White, Peter Silva, Pat Romanski, Liz McMillan, XebiaLabs Blog

News Feed Item

EasyMed Services, Inc. Letter to Shareholders

Company reports on corporate highlights of 2012 and outlines vision for 2013.

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.

Dear Shareholders,

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.

Faithfully,


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.

Safe Harbour

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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...