We are proud of the portfolio of patents that Quantum continues to build and we believe the result is adding tremendous value to the Company which will ultimately benefit shareholders.
Ras Al Khaimah, UAE (PRWEB) February 27, 2014
Grace Century’s EHR (electronic health record) project with The Quantum Group, Inc., utilizing the technology platform, PWeR® 2.0, has received notice from their patent attorney stating that an examiner from the United States Patent and Trademark Office (USPTO) had been in contact to advise them that their patent application # 12/506,659 “System and Methods for Personalized Fast Navigation” has successfully completed all reviews by the USPTO and is ready to be issued. The patent was originally filed as a non-provisional patent on July 21, 2009.
“This is the sixth (6th) patent issued or cleared for issuance to Quantum. Along with the other previously issued patents, we believe it will have tremendous impact on the healthcare industry in the U.S. and abroad,” said Scott Wolf, CEO of Grace Century.
The application of the “Personalized Fast Navigation Technique” or PFNT ™ (pronounced “per - f – net”) is designed to facilitate how people interact with computers, cell phones, tablets, etc. It was conceived by the Quantum engineering team as a way for users (in this case, doctors) to view, use and process information from multiple sources, to effect faster processing of information.
In a future PWeR platform design, a doctor will be able to pick an icon that will tell the entire story of a patient by just viewing the icons on a landing page. A doctor will also be able to select icons to instruct service staff to perform tasks and follow instructions, either by use of the keyboard, mouse, or finger. Quantum is creating a new form of shorthand between the human mind and complex systems.
Noel J. Guillama, President of The Quantum Group, Inc., and leader of the innovation team, commented on this latest patent to be issued, “We have developed an ergonomic advantage for a PWeR user to interface and rapidly navigate between the most critical components of a patient record. This new automated process design will be introduced into the PWeR platform in an upcoming version and will greatly magnify the information that decision makers can have before them. It can be adapted to any size screen, such that a uniform user interface can be maintained across a broad range of hardware. When making complex decisions, human beings still have a tremendous reasoning advantage over machines. This PFNT technique simply allows quick reference for human presence of mind to assimilate many facts rapidly into a diagnosis. We have created a new form of shorthand between the computer, human thought and existing medical practice toward resolving complex solutions.”
Quantum management sees this patent with applications way beyond healthcare and possibly used in real estate, industrial productions, e-commerce, financial services and banking, even into law and education.
Mr. Guillama further commented, “Mankind has spent thousands of years going from the age of Egyptian hieroglyphics to written letters and numbers, to binary codes; now we are back to the era where a simple icon or design can tell us an overall story and/or action to be taken. In combining the way in which we use icons, images and verbal instructions, we propose to use this innovation to change and enhance the process to make interaction between man and computer even faster and more accurate. A healthcare shortcut such as this will save both time and lives.”
Scott Wolf added, “We are proud of the portfolio of patents that Quantum continues to build and we believe the result is adding tremendous value to the Company which will ultimately benefit shareholders.”
In conjunction with Quantum’s other intellectual property, including now six (6) approved and 15 pending patents, Quantum is continuing to expand the science of healthcare. All of these innovations, as well as the creation of the PWeR® platform (Personal Wellness electronic Record ®), will facilitate the utilization of medical information gathered and shared in the $3 trillion dollar U.S. healthcare industry. This patent further confirms Quantum's place as an innovator in healthcare information technologies.
About The Quantum Group, Inc., and PWeR™ 2.0
The Quantum Group, Inc. seeks to provide technology solutions through its operating subsidiary, Quantum Innovations, Inc. and PWeR 2.0, a 21st century Electronic Medical/Health Records (EMR/EHR) platform. PWeR® stands for Personal Wellness electronic Record®. This 21st century EMR/EHR solution is a new breed, intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers are able to access a patient’s entire medical record in one glance. In critical situations or in providing treatment to patients on the PWeR 2.0 platform, hospitals will be enabled to access full medical histories and make educated treatment decisions based on accurate data. That’s PWeR – Complexity meets Simplicity(SM). For more information, visit http://www.myPWeR.com.
About Grace Century
Grace Century FZ LLC is an International research and private equity consultancy located in Ras Al Khaimah (north of Dubai) in the United Arab Emirates (UAE). Grace Century specializes in “game-changing” life science and health related private equity projects. For more information, visit: http://gracecentury.com.
About the Certification for PWeR 2.0®
This Complete EHR is 2011-Edition compliant and has been certified by an ONC-ACB in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the U.S. Department of Health and Human Services or guarantee the receipt of incentive payments.
Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-K, 10-Q, S-8, SB-2, S-1 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" “could” and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to achieve revenue growth in fiscal year 2012, and to attract and retain executive, management and operational personnel. Quantum has further risk in the deployment of the PWeR™ technology platform and the continuing infrastructure development, hosting, security, sales and servicing; further potential complications by the utilization by our clients, technical and software setbacks, cost of development, as well as the capital to deploy it as well as pricing and competition pressures. Quantum is subject to changes in federal and state government regulations dealing with our technology solutions that could have a material economic affect and cause interruptions of services. Quantum is subject to contractual risk, expenses and compliance with our alliance partner(s) agreements. The Company does not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.