Welcome!

Wearables Authors: Jason Bloomberg, Liz McMillan, XebiaLabs Blog, Pat Romanski, Elizabeth White

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 App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Recently, IoT seems emerging as a solution vehicle for data analytics on real-world scenarios from setting a room temperature setting to predicting a component failure of an aircraft. Compared with developing an application or deploying a cloud service, is an IoT solution unique? If so, how? How does a typical IoT solution architecture consist? And what are the essential components and how are they relevant to each other? How does the security play out? What are the best practices in formulating...