MTBC Announces Partnership with Fogo Data Centers

SOMERSET, NJ--(Marketwired - May 11, 2017) - MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of mHealth and cloud-based clinical and practice management solutions, today announced its new partnership with Fogo Data Centers, a leading provider of data hosting and cloud solutions to hospitals and medical groups throughout the United States.

Fogo Data Centers delivers advanced cloud hosting technologies and world-class customer service for growing enterprises nationwide. They deliver products and services through a network of owner-operated SOC II, HIPAA and PCI compliant regional data centers.

"We are thrilled to unveil our new collaboration with Fogo, a recognized leader in healthcare data management, including complex electronic medical record transitions for large healthcare providers," said Karl Johnson, SVP, Sales and Marketing for MTBC. He continued, "Since we provide related, but distinctly separate services, we believe we can each help each other enhance our value to both current and potential customers."

"We specialize in providing services to clients who are looking to enhance their IT infrastructure and partners seeking to increase revenue and provide expanded services to their end users," said William G. Esslinger, Jr., Fogo Data Centers' CEO. Esslinger added, "MTBC presents us with an exciting opportunity to develop synergies between our respective solutions, and we look forward to working together."

The partnership between MTBC and healthcare-centric Fogo Data Centers was officially launched on May 10, 2017. The respective firms will cross-market their services and collaborate on potential service offerings.

About MTBC

MTBC is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers throughout the United States. Our integrated Software-as-a-Service (SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the NASDAQ Capital Market under the ticker symbol "MTBC," and its Series A Preferred Stock trades on the NASDAQ Capital Market under the ticker symbol "MTBCP."

Forward-Looking Statements

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SOURCE MTBC