QualityStocks News - MMRGlobal and Visilnc Sign License Agreement to Provide eHealth Record Solution in Australia Health System

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License agreement positions both partners to serve Australian healthcare market while meeting national health standards.

...an enormous opportunity for both VisiInc and MMR to consolidate and share their technologies...

QualityStocks would like to highlight MMRGlobal, Inc, a publicly traded company, which, through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., 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. The MyMedicalRecords PHR 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.

In the company’s news yesterday,

MMRGlobal announced its collaboration with Australia-based software company VisiInc PLC to offer a product designed specifically for Australia’s Personally Controlled eHealth Record (PCEHR) standard as defined by the government’s National E-Health Transition Authority (NEHTA). The product combines MMR’s Australian eHealth patent portfolio with VisiInc’s Vistime solution to take advantage of opportunities stemming from the recent launch of Australia’s Personal Health Record, as well as interoperability of eHealth and telehealth platforms used worldwide.

Though MMR’s Personal Health Record products are already interoperable with numerous Electronic Medical Record systems globally, this product offering creates an “enormous opportunity” for both companies to consolidate their technologies in Australia.

Per the agreement, MMR and Visilnc will now offer a MyMedicalRecords Personal Health Record in Australia, including the viewing of digital images to NEHTA standards and featuring of real-time collaboration between physicians and patients with video and audio conferencing provided through the Visi platform.

“As a result of the License Agreement between MMR and VisiInc, our Australian partner is in a position to leverage the MyMedicalRecords Australian patent portfolio to implement a secure NEHTA-compliant service that delivers unified integration of electronic Personal Health Records to work with the takeup of any system, from digitizing plain paper files to transmitting, storing and sharing digital files,” Bob Lorsch, chairman and CEO of MMRGlobal, stated in the press release.

Jacques Blandin, CEO and founder of VisiInc, echoes the sentiment.

“This represents an enormous opportunity for both VisiInc and MMR to consolidate and share their technologies and deploy an Australian product base with mature technology that has already gained significant traction internationally. Currently, there are many fragmented product offerings meeting only a small facet of the total solutions globally,” Blandin stated. “Through Vistime and MMR, we have a combined product offering specifically designed to meet the needs of the end user with a powerful yet simple-to-use technology. Vistime is the world’s easiest to use multi-file format, real-time 3D viewer for powerful collaboration of medical records, including radiological images, using Visi rapid visual rendering capabilities.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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