SOURCE: Connectyx Technologies Holdings Group

Connectyx Technologies Holdings Group

April 27, 2009 08:00 ET

Connectyx Technologies Holdings Group, Inc. Decreases Net Loss by 70% for the First Quarter of 2009 Versus First Quarter 2008

Company Posts Unaudited Financials on Pink Sheets

PALM CITY, FL--(Marketwire - April 27, 2009) - Connectyx Technologies Holdings Group, Inc. (PINKSHEETS: CTYX) announced that the Company has posted its unaudited financial statements for the first quarter of 2009 on Pink Sheets. The Company decreased its net loss by 70% for the first quarter of 2009 as compared to the first quarter of 2008. Connectyx had a net loss of $33,222 for the first quarter of 2009 versus a net loss of $110,801 for the same period in the previous year. The decrease in net loss as compared to the prior year is attributed to both an increase in revenues as well as being able to stream line expenses. The Company decreased expenses by over 33% for the first quarter of 2009 as compared to the first quarter of the prior year.

Connectyx posted revenues of $94,935 for the first quarter of 2009 versus revenues of $81,437 for the first quarter of 2008, an increase of 16.5%. Over the past year, the Company has launched a strategic marketing campaign for its MedFlash product, which is an easy to use personal health and lifestyle record and portal. MedFlash can be purchased online or at select pharmacies such as Fred Meyers, HEB, and Ralphs, amongst others. The Company also has partnership agreements with Drugstore.com and Air Ambulance Services, which will help increase the sales of MedFlash and other solutions and services offered by Connectyx.

"We are excited about the results Connectyx has achieved over this past year. We will continue to fulfill our business strategy, which entails becoming a major player in the electronic medical records industry," stated Ronn Schuman, President and CEO of Connectyx Technologies Holdings Group, Inc.

To view Connectyx unaudited financial statement for the first quarter of 2009, please go to http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20634

About Connectyx Technologies Holdings Group, Inc.

Connectyx Technologies provides products in the healthcare market, which includes its Personal Health Record, MedFlash. The MedFlash product is an easy to use Personal Health and Lifestyle Record & Portal that is USB flash drive enabled. MedFlash contains an emergency flash drive with a Web portal and 24/7 emergency call center access, which contains the owner's complete medical and key related information. Stored information on the MedFlash can be accessed on any computer, securely with complete privacy for the members. For more information, please visit www.connectyx.com and www.medflash.com

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information

  • Public Relations:
    Big Apple Consulting USA
    1 407-389-5900

    Investor Relations:
    Consulting for Strategic Growth
    Stanley Wunderlich
    CEO
    Phone: 1-800-625-2236
    Fax: 646-205-7771
    Email: Email Contact
    http://www.cfsg1.com