SOURCE: Anywhere MD, Inc.

April 19, 2007 10:56 ET

AnyWhere MD, Inc. (ANWM: PK) Featured on MacReport.Net

ATASCADERO, CA -- (MARKET WIRE) -- April 19, 2007 -- AnyWhere MD, Inc. (PINKSHEETS: ANWM) announced today that Jay Smith and ANWM: PK are featured on the MacReport.Net, a leading provider of online business and financial information. "The MacReport.Net is a powerful tool that will allow ANWM: PK to increase its presence with investors and the Wall Street community," stated Jay Smith.

The MacReport.Net is a financial services network that takes a 3 dimensional approach to disseminate information and increase exposure to the Wall Street community as well as potential investors. The MacReport.Net distributes releases through traditional channels, makes contacts and provides these releases to thousands of qualified investors and provides its members with their own unique interactive audio page within the MacReport.Net's heavily trafficked website. Jay Smith noted, "As ANWM continues to move forward the ability to get information out to our investors and to new potential investors is paramount. This opportunity allows investors not only to read about ANWM but truly connect with us by seeing and hearing who we are and what ANWM's vision of the future is. This technology has taken ANWM's ability to distribute information to an exciting new level and stay ahead of the curve in the highly competitive investment market." To listen to Jay Smith's presentation go to the following link: www.macreport.net and enter the stock symbol ANWM on Friday, April 20th, 2007.

Existing shareholders or potential investors can track news and updates on ANWM: PK by registering online at www.macreport.net. Registered users can also submit requests for additional information or ask questions regarding ANWM or any member company through the MacReport.Net site.

About AnyWhere, MD (PINKSHEETS: ANWM)

Technology revolutions over the last twenty years have reduced costs and improved quality in nearly every industry -- with one notable and glaring exception -- the $1.6 trillion US healthcare industry.

Despite the tremendous and revolutionary changes that new developments in communications and information technologies offer -- an impact that is as significant as long term medical research projects -- the healthcare industry is still using information technologies that are over 40 years old -- in fact, in many cases, critical medical records are still kept on paper. The predictable result... Increased costs, adverse patient outcomes, and, ultimately, nearly 100,000 preventable patient deaths every year.

All this is about to change... President Bush, leaders from both political parties in Congress, and industry figures across the nation are demanding that the industry meet the challenge of instituting fully electronic medical records (EMR) over the next several years.

Anywhere MD, Inc. is a rapidly expanding player in the high growth $30.0 billion healthcare information technology market that has been expanding at an average growth rate of 9% per year (Dorenfest & Associates). The growth of the specialized electronic medical records market niche is expected to be even more pronounced, with Forrester Research predicting that the market will reach approximately $1.4 billion in annual spending by 2008, from roughly $816 million in 2003. This is largely due to slow implementation among healthcare practitioners with RL Johnson & Associates' estimation that the EMR market was less than 10% penetrated in 2003, and with a mere 5% of the roughly 450,000 physicians nationwide currently using an EMR system.

With nearly 14 years of experience in this market, Anywhere MD has built a leading suite of mobile EMR solutions tailor made to the needs of healthcare facilities, and the Company has initially focused its efforts on the $8.7 billion chiropractic market.

ANWM's Auto-Pilot and Auto-DOC EMR solutions can provide chiropractic practices with comprehensive and streamlined mobile access to patient data in the treatment room, home, or on the road, providing cost effective and easy-to-use medical documentation solutions that can streamline the host of S.O.A.P. notes, narrative reports, patient and physician letters, and insurance and managed care forms into a single on-the-fly interface.

What is more, at a price point of approximately $1,995 for the Auto-Pilot product and with product upgrade costs of roughly $600-$700 as they become available, ANWM can offer its product suite more affordably to small healthcare practices, a major advantage when competitors' pricing can easily exceed $50,000.

At the same time Anywhere MD plans to add powerful new features and improvements to its basic EMR suite, and offer these improvements to its current captive client base, realizing an additional revenue stream. The Company will also develop a version of its products specifically tailored to the needs of the physical therapy and rehabilitation market with over 90,000 practicing therapists and a potential market size of some $80 million, and potential upgrade revenues of $50 million per annum at saturation. To understand the potential revenue impact consider that the Company has estimated that if it could fully penetrate the chiropractic and physical therapy markets it could see sales revenues of $298 million and annual support and upgrade revenues of $97 million.

This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future business, revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to generate revenues, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the company's services, competitive factors, new products and technological changes, and other such risks as the company may identify and discuss from time to time.

Contact Information

  • Ken Ash
    SCG
    252-342-8700