SOURCE: Healthmed Services

Healthmed Services

September 30, 2010 13:07 ET

Analyst Paul Cohen Initiates Healthmed Coverage

SUNNYVALE, CA--(Marketwire - September 30, 2010) -  Healthmed Services, Ltd. (OTCQB: HEME) (PINKSHEETS: HEME) is pleased to announce the Company has received a research report by Wall Street's #1 Independent Research firm. Coverage has been initiated on Healthmed Services, Ltd by Cohen Independent Research Group, Inc.

With a Cohen Price Target of $0.86, analysts for Cohen Independent Research Group believe Healthmed is an attractive buy, both long and short term. The research entailed comprehensive data on Healthmed's Virtual Vantage and Neuro Vantage products. The Company's remote access software and neural communicator is anticipated to change many aspects of the healthcare industry. The Company is pleased analysts see the potential value of the Company's stock.

Healthmed Chief Financial Officer, Dale Paisley commented, "The goal of the Company is to better the lives of individuals through the use of today's technology. Today's technology now includes a revolutionary neural communicator for disabled individuals and remote access software that will support healthcare professional efficiency."

Please read more about the Company and its product developments on its website:

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed with the Securities and Exchange Commission.

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