NEW YORK, NY--(Marketwire - September 21, 2010) - MMRGlobal, Inc. (
"MMRGlobal represents an opportunity for entrepreneurs with emerging growth companies in health information technology to attract the capital and visibility to maximize their prospects," Lorsch said. "From personal experience, I understand how difficult it is for people with good ideas to execute on them without proper infrastructure and resources. We will offer selected companies the tools to build out their products and sell into the ever-expanding government and consumer health information markets."
"Health IT represents an opportunity for investors to take advantage of the momentum created by the Obama Administration and the focus on reducing the cost of healthcare through computerized medical records. Our business plan includes a growth strategy of acquisitions to create a leadership position in this emerging marketplace," added Lorsch.
MMRGlobal is uniquely positioned as a market leader in Personal Health Records with the Company's MyMedicalRecords.com PHR (www.mmrvideos.com ). A recent Wall Street Journal study found that over $51 billion is available for investment by the end of 2011 from American private equity firms. Coupled with the fact that federal legislation mandates everyone in the U.S. to have an electronic health record by 2014, this offers investors and companies like MMRGlobal the ability to participate in the consolidation of a new industry.
About MMRGlobal
MMR Global, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMR Global, Inc. and its products, visit www.mymedicalrecords.com and view the videos at www.mmrtheater.com.
Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements, and some can be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of such terms and other comparable terminology. MMRGlobal, Inc. disclaims any intent or obligation to revise or update any forward-looking statements. These forward-looking statements are based on MMRGlobal, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related to changes in MMRGlobal, Inc.'s business prospects, results of operations or financial condition, government regulation, and such other risks and uncertainties as detailed from time to time in MMRGlobal, Inc.'s public filings with the U.S. Securities and Exchange Commission.
Contact Information:
CONTACT:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz