HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Patient Access Solutions, Inc. (Pink Sheets:PASO.pk - News), a leading provider of information technology solutions for the healthcare industry is pleased to announce its EMR management & support solution has been engaged and is being deployed with a Florida based hospital group.
The client is the largest faith based, non profit health care organization in Florida to participate in the EHR (Electronic Health Record) program and has a long standing pedigree as a national leader in the adoption of healthcare IT across its network of 6 hospitals comprising of more than 1,500 beds. This engagement serves as part of its continuing commitment to enable excellent quality care and services, will assist its more than 2,000 physicians in the adoption of Electronic Health Records in their private practices through an EHR Donation Program. The initial implementation expects to generate approximately $3 million in gross revenue over the next year for Patient Access Solutions.
The EHR will be made available to qualified client affiliated physicians in a program that will subsidize the cost of up to 85% of implementing and operating the product. The subsidizing over the next three years will be a substantial investment; however, a fully connected client health system would provide immediate returns with just greater efficiencies in the delivery of care alone. The program may also help client affiliated physicians satisfy the government's requirements for achieving 'meaningful use' by implementing EHR's in their practices, which may enable those physicians to qualify for additional incentive dollars over the next 5 years based on their collection and reporting of quality data, and ultimately improving the quality of care and improved patient outcomes
Bruce Weitzberg, President of Patient Access Solutions stated, "The partnership will deliver affordable health information technology solutions to participants while providing financial benefits to support the adoption of Electronic Health Records. Additionally, the added value proposition offered by the combined services will lower administrative costs, expedite reimbursement, and increase cash flow for healthcare provider office. The agreement is a significant milestone for Patient Access Solutions; client affiliated healthcare practices are expected to generate revenue of approxiamtely $3 million over the next year with additional annual recurring revenues expected.”
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determine benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
Friday, September 9, 2011
Thursday, September 8, 2011
Fleet Management Solutions, Inc. Announces a New Facility
-- Fleet Management Solutions, Inc. is expanding its operations --
NAPLES, Fla., Aug. 29, 2011 /PRNewswire/ -- Fleet Management Solutions, Inc. (FMS) (Pinksheets: FLMG - News) is pleased to announce that the company has entered into a letter of understanding for the opening of their sixth location, a new repair and service center in the southern part of Athens, Greece. The company anticipates that this new location will generate gross revenue in excess of EU 4,000,000 or approximately $5,000,000 USD annually.
This new facility will be located in the southern part of Athens, Attica. This facility is in an optimum location with its close proximity to Athens, the fourth most populated capital city of the European Union, and the surrounding suburbs.
The building occupies a space of 4000 sq. meters of space and 7000 sq meters of parking. This new facility will create employment for up to 20 new people. With the addition of this facility, Fleet Management Solutions will bring its full time employees of the company to a total of 85.
The facility will offer Fleet Managements clients a wide range of services, including ongoing maintenance and accessories, as well as paint and bodywork capabilities.
This facility will be the sixth service center for the company and the fifth in the surrounding area of Athens.
The addition of this facility is expected to increase projected annual revenue by almost 25%, close to $15,000,000USD.
Evangelos Alexandris, CEO of Fleet Management Solutions, stated, "We are very excited with the new location. This facility will give us tremendous growth for the future with the opportunity to better service our existing clientele in both a logistical and expedited manner. This is a true indication, that even in the slow economic global environment, we have demonstrated to our shareholders, partners, and clientele that Fleet Management Solutions, Inc. is a solid company in any environment."
About FMS, Inc.: FMS Greece (http://www.fms-greece.com) is based in Athens, Greece and currently owns and operates five commercial locations with 65 full time employees. FMS provides a number of fleet management solutions in the automotive sector throughout the country and various parts of the Balkans. The Company was formed as a result of a merger between ABR Bosch Car Services, which was founded in 1992, and EDC Hellas S.A., which was founded in 1998 by EDC Holdings. With decades of experience, both companies identified an opportunity in the automotive market by providing fleet management services and solutions and subsequently formed FMS S.A.
The Company is focused on utilizing its vast automotive industry experience and its "state of the art" technologies to provide the very best turnkey services and solutions while significantly reducing costs for its client companies. FMS provides numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telematics and acquisition and lease buyout programs, and re-marketing of used vehicles.
Forward-looking Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 -- forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at FMS's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
NAPLES, Fla., Aug. 29, 2011 /PRNewswire/ -- Fleet Management Solutions, Inc. (FMS) (Pinksheets: FLMG - News) is pleased to announce that the company has entered into a letter of understanding for the opening of their sixth location, a new repair and service center in the southern part of Athens, Greece. The company anticipates that this new location will generate gross revenue in excess of EU 4,000,000 or approximately $5,000,000 USD annually.
This new facility will be located in the southern part of Athens, Attica. This facility is in an optimum location with its close proximity to Athens, the fourth most populated capital city of the European Union, and the surrounding suburbs.
The building occupies a space of 4000 sq. meters of space and 7000 sq meters of parking. This new facility will create employment for up to 20 new people. With the addition of this facility, Fleet Management Solutions will bring its full time employees of the company to a total of 85.
The facility will offer Fleet Managements clients a wide range of services, including ongoing maintenance and accessories, as well as paint and bodywork capabilities.
This facility will be the sixth service center for the company and the fifth in the surrounding area of Athens.
The addition of this facility is expected to increase projected annual revenue by almost 25%, close to $15,000,000USD.
Evangelos Alexandris, CEO of Fleet Management Solutions, stated, "We are very excited with the new location. This facility will give us tremendous growth for the future with the opportunity to better service our existing clientele in both a logistical and expedited manner. This is a true indication, that even in the slow economic global environment, we have demonstrated to our shareholders, partners, and clientele that Fleet Management Solutions, Inc. is a solid company in any environment."
About FMS, Inc.: FMS Greece (http://www.fms-greece.com) is based in Athens, Greece and currently owns and operates five commercial locations with 65 full time employees. FMS provides a number of fleet management solutions in the automotive sector throughout the country and various parts of the Balkans. The Company was formed as a result of a merger between ABR Bosch Car Services, which was founded in 1992, and EDC Hellas S.A., which was founded in 1998 by EDC Holdings. With decades of experience, both companies identified an opportunity in the automotive market by providing fleet management services and solutions and subsequently formed FMS S.A.
The Company is focused on utilizing its vast automotive industry experience and its "state of the art" technologies to provide the very best turnkey services and solutions while significantly reducing costs for its client companies. FMS provides numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telematics and acquisition and lease buyout programs, and re-marketing of used vehicles.
Forward-looking Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 -- forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at FMS's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Tuesday, September 6, 2011
Paraform Design (ZMGD) Contracted by an Educational Institution
HENDERSON, Nev., Sept. 6, 2011 /PRNewswire/ -- Zamage Digital Art Imaging, Inc. (PINK SHEETS:ZMGD.pk - News) (www.zamagedigitalcorp.com) subsidiary Paraform Design (www.paraformdesign.com) has secured a contract for the signage for the campus of Eastern University.
Paraform was hired by Eastern University to survey the campus and identify the signage needs in fall of 2010. Following the survey Paraform was hired to design, manufacture, and install a portion of the exterior signage at the university.
Paraform's new contract includes finishing of the exterior signage and launching a survey for the interior signage at the Eastern University.
Eastern University is currently undergoing a 'beautification' process, including its signage needs, and more about the school's project can be read @ http://www.waltonian.com/news/eastern-undergoes-beautification-process-1.2010747.
The company will update investors on any and all news in a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Zamage Digital Art Imaging, Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Zamage Digital Art Imaging, Inc. cautions you that any forward-looking information provided by or on behalf of Zamage Digital Art Imaging, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Zamage Digital Art Imaging, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Zamage Digital Art Imaging, Inc.'s control. In addition to those discussed in Zamage Digital Art Imaging, Inc.'s press releases, public filings, and statements by Zamage Digital Art Imaging, Inc.'s management, including, but not limited to, Zamage Digital Art Imaging, Inc.'s estimate of the sufficiency of its existing capital resources, Zamage Digital Art Imaging, Inc.'s ability to raise additional capital to fund future operations, Zamage Digital Art Imaging, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Zamage Digital Art Imaging, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Zamage Digital Art Imaging, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Zamage Digital Art Imaging, Inc.
Paraform was hired by Eastern University to survey the campus and identify the signage needs in fall of 2010. Following the survey Paraform was hired to design, manufacture, and install a portion of the exterior signage at the university.
Paraform's new contract includes finishing of the exterior signage and launching a survey for the interior signage at the Eastern University.
Eastern University is currently undergoing a 'beautification' process, including its signage needs, and more about the school's project can be read @ http://www.waltonian.com/news/eastern-undergoes-beautification-process-1.2010747.
The company will update investors on any and all news in a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Zamage Digital Art Imaging, Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Zamage Digital Art Imaging, Inc. cautions you that any forward-looking information provided by or on behalf of Zamage Digital Art Imaging, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Zamage Digital Art Imaging, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Zamage Digital Art Imaging, Inc.'s control. In addition to those discussed in Zamage Digital Art Imaging, Inc.'s press releases, public filings, and statements by Zamage Digital Art Imaging, Inc.'s management, including, but not limited to, Zamage Digital Art Imaging, Inc.'s estimate of the sufficiency of its existing capital resources, Zamage Digital Art Imaging, Inc.'s ability to raise additional capital to fund future operations, Zamage Digital Art Imaging, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Zamage Digital Art Imaging, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Zamage Digital Art Imaging, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Zamage Digital Art Imaging, Inc.
Alta Mining (FOGC) Entered Option Agreement in Slocan, Canada
HENDERSON, Nev., Sept. 6, 2011 /PRNewswire/ -- Fortune Oil & Gas, Inc. (PINK SHEETS:FOGC.pk - News) (www.fortuneoilandgascorp.com), subsidiary Alta Mining Inc., entered into an Binding Option Agreement in Slocan, Canada.
Based on the agreement, Alta Mining can acquire a 90% undivided interest in the Wilson Creek and Kane Creek Property comprised of 25 mining claims, totalling over 6000 hectares of already verified high grade silver showings.
If the exploration work on the property determines the project as a feasible mining operation (based on criteria described in the option agreement), Alta will be in position to accelerate payments and become a lawful registered owner of the mining claims.
Alta mining believes that with a fresh approach it could uncover substantial new value on this property. Due to favourable location of the property management expects a significantly lower time and resources spent in advancing the BC project beyond the exploration phase.
As soon as the company finalizes compilation of available geological and technical information on the property, this information on property potential will be presented on company's web site www.fortuneoilandgascorp.com.
Company will work diligently to further increase its property portfolio with prosperous mining properties in North America.
More details will follow shortly.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Fortune Oil & Gas, Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Fortune Oil & Gas, Inc. cautions you that any forward-looking information provided by or on behalf of Fortune Oil & Gas, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Fortune Oil & Gas, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Fortune Oil & Gas, Inc.'s control. In addition to those discussed in Fortune Oil & Gas, Inc.'s press releases, public filings, and statements by Fortune Oil & Gas, Inc.'s management, including, but not limited to, Fortune Oil & Gas, Inc.'s estimate of the sufficiency of its existing capital resources, Fortune Oil & Gas, Inc.'s ability to raise additional capital to fund future operations, Fortune Oil & Gas, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Fortune Oil & Gas, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Fortune Oil & Gas, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Fortune Oil & Gas, Inc.
Based on the agreement, Alta Mining can acquire a 90% undivided interest in the Wilson Creek and Kane Creek Property comprised of 25 mining claims, totalling over 6000 hectares of already verified high grade silver showings.
If the exploration work on the property determines the project as a feasible mining operation (based on criteria described in the option agreement), Alta will be in position to accelerate payments and become a lawful registered owner of the mining claims.
Alta mining believes that with a fresh approach it could uncover substantial new value on this property. Due to favourable location of the property management expects a significantly lower time and resources spent in advancing the BC project beyond the exploration phase.
As soon as the company finalizes compilation of available geological and technical information on the property, this information on property potential will be presented on company's web site www.fortuneoilandgascorp.com.
Company will work diligently to further increase its property portfolio with prosperous mining properties in North America.
More details will follow shortly.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Fortune Oil & Gas, Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Fortune Oil & Gas, Inc. cautions you that any forward-looking information provided by or on behalf of Fortune Oil & Gas, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Fortune Oil & Gas, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Fortune Oil & Gas, Inc.'s control. In addition to those discussed in Fortune Oil & Gas, Inc.'s press releases, public filings, and statements by Fortune Oil & Gas, Inc.'s management, including, but not limited to, Fortune Oil & Gas, Inc.'s estimate of the sufficiency of its existing capital resources, Fortune Oil & Gas, Inc.'s ability to raise additional capital to fund future operations, Fortune Oil & Gas, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Fortune Oil & Gas, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Fortune Oil & Gas, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Fortune Oil & Gas, Inc.
Thursday, September 1, 2011
Market Advisors, Inc. Issues Report on GreenCell Inc.
LINCOLN, Neb., Aug. 31, 2011 (GLOBE NEWSWIRE) -- A research report has been issued by Market Advisors, Inc. "Fundamental Analysis for Today's Investments" on GreenCell Inc. To view our report, please visit www.marketadvisorsinc.com.
According to the report, because it appears the lows are now in place, investors are looking at beaten down areas to profit from and we could also have a new bull market beginning. Confirmation that this has likely not occurred would be a retest of the established lows in place and a subsequent penetration of the lows on a closing basis. With this in mind we have identified GCLL.OB as a strong candidate for growth and we have established an intermediate-term target price of $1.40.
About GreenCell Inc.
GreenCell Inc. (OTCBB:GCLL.OB - News), founded in 2009 and headquartered in Orlando, Florida is engaged in a joint venture with SenCer Inc. to develop, commercialize, and market SenCer's UltraTemp(TM) ceramic composite materials for home and transportation applications.
About Market Advisors, Inc.
Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have often been quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, Forbes Magazine and The Dick Davis Digest to name a few.
The information and opinions in this analyst report were prepared by Market Advisors, Inc and Associates. (located in Nebraska) who does receive fees for services including preparation of this report. Officers of Market Advisors, Inc. received $2,800.00 from a third party for this report. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this analyst report.
According to the report, because it appears the lows are now in place, investors are looking at beaten down areas to profit from and we could also have a new bull market beginning. Confirmation that this has likely not occurred would be a retest of the established lows in place and a subsequent penetration of the lows on a closing basis. With this in mind we have identified GCLL.OB as a strong candidate for growth and we have established an intermediate-term target price of $1.40.
About GreenCell Inc.
GreenCell Inc. (OTCBB:GCLL.OB - News), founded in 2009 and headquartered in Orlando, Florida is engaged in a joint venture with SenCer Inc. to develop, commercialize, and market SenCer's UltraTemp(TM) ceramic composite materials for home and transportation applications.
About Market Advisors, Inc.
Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have often been quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, Forbes Magazine and The Dick Davis Digest to name a few.
The information and opinions in this analyst report were prepared by Market Advisors, Inc and Associates. (located in Nebraska) who does receive fees for services including preparation of this report. Officers of Market Advisors, Inc. received $2,800.00 from a third party for this report. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this analyst report.
Visiting Nurse Service of NY Affiliate, Partners in Care, Engages Patient Access Solutions’ for Mobipen Technology
Fully Implemented Stage I of Contract to Generate Over $750,000 in Revenue
HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Patient Access Solutions, Inc. (Pink Sheets-PASO), a leading provider of information technology solutions for the healthcare industry is pleased to announce it has contracted with Partners in Care, an affiliate of the Visiting Nurse Service of New York. Since 1983, Partners in Care has provided certified home health aides and private-duty nurses who are experienced, compassionate, reliable, and highly attentive to the individuals in their care. Composed of more than 8,100 home health aides, RN's and LPN's, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health.
The solution, based on PASHealth’s proprietary home healthcare Mobipen digital pen application, will pilot this month with key cluster homes in the Partners in Care organization and expand to other licensed users. Stage I of the implementation plan could have as many as 300 users, generating over $750,000.00 in income to the company. Field workers will be able to process paperwork in their usual work flow, while concurrently being able to digitally transfer the information back to the Partners in Care main office using the robust form capture infrastructure to interface patient data and caregiver digital note application.
According to Bruce Weitzberg, CEO and President of Patient Access Solutions, “We look forward to implementing our application with such a fine organization to help increase efficiency and reporting needs of Partners in Care. The advantages of streamlining the client’s paper process while improving productivity and providing an operational cost savings were obvious to our client and will provide them the flexibility to focus on and improve patient care.”
About Partners in Care
Composed of more than 8,100 home health aides, RN's and LPN's, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health. We provide quality private care services to people in their homes or communities, including personal care and companionship, private duty nursing, patient review assessments (PRI) and geriatric care management, to more than 1,000 clients every year. Partners in Care is an affiliate of the Visiting Nurse Service of New York, the largest home health care agency in the nation.
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determined benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Patient Access Solutions, Inc. (Pink Sheets-PASO), a leading provider of information technology solutions for the healthcare industry is pleased to announce it has contracted with Partners in Care, an affiliate of the Visiting Nurse Service of New York. Since 1983, Partners in Care has provided certified home health aides and private-duty nurses who are experienced, compassionate, reliable, and highly attentive to the individuals in their care. Composed of more than 8,100 home health aides, RN's and LPN's, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health.
The solution, based on PASHealth’s proprietary home healthcare Mobipen digital pen application, will pilot this month with key cluster homes in the Partners in Care organization and expand to other licensed users. Stage I of the implementation plan could have as many as 300 users, generating over $750,000.00 in income to the company. Field workers will be able to process paperwork in their usual work flow, while concurrently being able to digitally transfer the information back to the Partners in Care main office using the robust form capture infrastructure to interface patient data and caregiver digital note application.
According to Bruce Weitzberg, CEO and President of Patient Access Solutions, “We look forward to implementing our application with such a fine organization to help increase efficiency and reporting needs of Partners in Care. The advantages of streamlining the client’s paper process while improving productivity and providing an operational cost savings were obvious to our client and will provide them the flexibility to focus on and improve patient care.”
About Partners in Care
Composed of more than 8,100 home health aides, RN's and LPN's, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health. We provide quality private care services to people in their homes or communities, including personal care and companionship, private duty nursing, patient review assessments (PRI) and geriatric care management, to more than 1,000 clients every year. Partners in Care is an affiliate of the Visiting Nurse Service of New York, the largest home health care agency in the nation.
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determined benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
TheDirectory.com Completes Record Setting Quarter: Sequential Revenue Jumps 24% as Debt Falls 67%
TAMPA, FL--(Marketwire -08/31/11)- TheDirectory.com, Inc. (Pinksheets: SEEK.PK - News), today announced record setting results for its fiscal third quarter ending today August 31, 2011. Q3 revenue jumped to a record $115,907 from $93,006 during Q2 for an increase of 24%. The Company also announced that it reduced its total debt load by an additional $200,000. During Q3 the Company reduced its total outstanding debt by $2.8 Million, from over $4.1 Million at the beginning of Q3 to under $1.4 Million or 67% at the end of Q3.
TheDirectory.com Founder and CEO Scott Gallagher, commented, "This really was an exciting quarter for us as we made tremendous progress across the board, and the best part is that our results do not include any acquisition related revenue. When the acquisition integration is completed, we're projecting profitable Q4 revenue in the range of $275,000 to $350,000 for a sequential growth rate of well over 100%." Gallagher went on to say, "We expect Q4 to be our fifth consecutive quarter of top-line growth with total 2011 revenue in the range of $500,000 to $600,000 versus 2010 revenue of less than $100,000. Based on our post integration run rate, we expect total 2012 revenue to be in the range of $1.5 to $2 Million with profits in the range of $450,000 to $600,000 with no further acquisitions or significant growth in new categories. We'll be updating our guidance again near the end of Q4."
About TheDirectory.com, Inc.
TheDirectory.com is a Local Internet media network that owns and operates locally targeted category specific search destinations including several which are leaders in their vertical markets including www.Podiatrists.com. In addition to www.TheDirectory.com the network includes www.Chiropractor.net, www.Therapists.net, www.DentistAppointments.com, www.Dietitians.net and many others. For more information visit the Company's Investor web site www.TheDirectory.tv. Review the Company's other filings on www.OTCMarkets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
TheDirectory.com Founder and CEO Scott Gallagher, commented, "This really was an exciting quarter for us as we made tremendous progress across the board, and the best part is that our results do not include any acquisition related revenue. When the acquisition integration is completed, we're projecting profitable Q4 revenue in the range of $275,000 to $350,000 for a sequential growth rate of well over 100%." Gallagher went on to say, "We expect Q4 to be our fifth consecutive quarter of top-line growth with total 2011 revenue in the range of $500,000 to $600,000 versus 2010 revenue of less than $100,000. Based on our post integration run rate, we expect total 2012 revenue to be in the range of $1.5 to $2 Million with profits in the range of $450,000 to $600,000 with no further acquisitions or significant growth in new categories. We'll be updating our guidance again near the end of Q4."
About TheDirectory.com, Inc.
TheDirectory.com is a Local Internet media network that owns and operates locally targeted category specific search destinations including several which are leaders in their vertical markets including www.Podiatrists.com. In addition to www.TheDirectory.com the network includes www.Chiropractor.net, www.Therapists.net, www.DentistAppointments.com, www.Dietitians.net and many others. For more information visit the Company's Investor web site www.TheDirectory.tv. Review the Company's other filings on www.OTCMarkets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
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