SOURCE: MedEx, Inc.

October 04, 2010 08:00 ET

MedEx, Inc. Announces Shareholder Update

LAS VEGAS, NV--(Marketwire - October 4, 2010) -  MedEx, Inc. (PINKSHEETS: MDXX) is pleased to announce a shareholder update in light of missing the date of the previously announced audit. Because of the unique position that MedEx is in with its clients, namely Medicare, Medicaid, Workman's Compensation, and various Insurance companies, it was in a position to conduct an audit that includes the month of September, which allowed the company to complete its 3rd quarter numbers. The audit will be released as soon as it is verified and signed off by management and the accounting firm.

"With September being particularly strong, we are excited to be able to include these numbers in our audit," said Mr. Paul Protzman, President of MedEx, Inc.

"We would like to thank all of our existing shareholders for their patience. It is our goal to be as transparent as possible and we look forward to completing this milestone of becoming a fully reporting company. The company is currently negotiating with a number of potential acquisitions and it is important that we are current with our financials to assist in a smooth transition as we look to continue to acquire companies that we feel bring synergies to our core goal. That is to consolidate a number of DMEs (durable medical equipment) companies that are all in good standing with Medicare, Medicaid, Workman's Comp. etc. and any other like businesses."

About MedEx, Inc.

MedEx, Inc. is a development stage Nevada-based medical support services company, which plans to grow through acquisitions of medical supply companies, medical technology companies, and assisted living and care facilities worldwide. For additional information, see www.medexsynergies.com.  

Safe Harbor Statement:

This release contains "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Contact Information

  • Investor Contact:
    MedEx, Inc.
    1-800-869-1060