SOURCE: DMH International, Inc.
CORAL SPRINGS, FL--(Marketwired - Oct 21, 2013) - DMH International, Inc. (OTCBB: DMHI) (OTCQB: DMHI), announced today that they had signed a definitive Letter of Intent to acquire 100% of Virtual Physician's Network (VPN), a medical software and applications provider. The acquisition requires definitive agreements to be created along with audited financials to be provided by Virtual Physician's Network.
"This is an exciting merger," explained Rik J Deitsch, CEO of DMH International. "Virtual Physician's Network's products are a great addition to our medical imaging and medical records software. They bring entirely new applications and markets to the company as well as seasoned management, software designers and sales support that has been lacking at DMH International," he continued. "The addition of the Virtual Physician's Network's products and management will greatly expand our product offerings and is expected to shorten our time to market for all of our products and services," Deitsch concluded.
Virtual Physician's Network is a mobile healthcare business applications company offering the first fully integrated virtual event and professional networking platform combined with proprietary practice building tools for surgeons, healthcare professionals and medical vendors. Virtual Physician's Network provides all this for through the Virtual Physician's Network mobile app available in the App store (Apple devices), Google Play (Droid devices) and on their web based application. For additional information about Virtual Physician's Network including a video demonstration, visit: www.virtualphysiciansnetwork.com.
"I am very excited about the opportunities the merger opens up for both companies," said George England, President and Chief Operating Officer of Virtual Physician's Network. "Virtual Physician's Network was designed with surgeons, healthcare professionals and medical vendors to improve clinical outcomes, save time and money, drive revenue and increase accountability utilizing the latest mobile app technology. By adding the ability to sync with the Touch Medical PACS and EMR software solutions we have the ability to offer a unique and incredible healthcare business application package," he added. "This will greatly accelerate our expansion with surgeons, hospitals and medical vendors by linking these intuitive solutions and compelling content together," Mr. England concluded.
The merger is expected to be completed before the end of the current year.
About DMH International
DMH International, through its subsidiary, Touch Medical Solutions, is a medical software and device company specializing in PACS (Picture Archiving and Communications Systems), EHR (Electronic Hospital records), EMR (Electronic Medical Records), PHR (Personal Health Records), Medical Transcription, and Paperless Medical Office Solutions. For additional information about Touch Medical Solutions, visit: http://www.dmhintl.com
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in DMH International's ("the Company's") business plan. The signing of a letter of intent with VPN should not be construed as an indication in any way whatsoever of the future value of the Company's common stock or its present or future financial condition. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.