SOURCE: New Mexico Software, Inc.

New Mexico Software, Inc.

November 16, 2011 09:30 ET

New Mexico Software Announces Company Name Change and Expansion of Telemedicine Services

ALBUQUERQUE, NM--(Marketwire - Nov 16, 2011) - New Mexico Software, Inc. (OTCBB: NMXC), a developer of medical IT services and solutions that enable improved and faster communication within the healthcare community, announced today the company will begin operating under a new trade name and will be known as Net Medical Xpress Solutions.

CEO Dick Govatski said, "As part of our heavy focus on medical services and solutions, our board of directors believes it was appropriate to rebrand our company to more specifically reflect what we do. This comes at a time when we have begun adding important new medical services and specialist programs."

Going forward, the company will function with three operational units.

Net Medical Xpress Solutions - This unit will continue to operate within the parent company. This unit will continue to provide PACS hardware and software to hospitals and other medical facilities. The company's XR-EXpress 510(k) cleared Picture Archiving and Communication System is available for resale and can be installed at a medical facility or can be purchased as a "Software-as-a-Service" (SaaS). Net Medical Xpress Solutions also will begin providing its cardio PACS service to several heart hospitals during the fourth quarter. The solution is a unique development for PACS in cardio including vascular and system wide integration with a hospital's existing cardio equipment.

Net Medical Xpress Services - This unit was formerly called Telerad Service. This unit will continue to provide a reading service for X-Rays, Echocardiograms, EKGs, CTs, MRIs, and other modalities for over 15,600 facilities in the U.S. The company now has 40 radiologists and 15 cardiologists providing services 24/7/365.

Net Medical Xpress Specialists - This is a new subsidiary. This unit provides telemedicine to remote hospitals with specialists credentialed to provide services for neurology, as well as stroke services, cardiology, infectious diseases, renal exams, retinal, psychology and dermatology.

The specialist program is being piloted at a hospital in New Mexico beginning this month and is expected to roll out to a number of hospitals currently readying for deployment during the first quarter of 2012. This program has been in development since last year and promises to provide patient care 24/7/365 initially in New Mexico and Arizona followed by additional states in 2012.

Govatski added, "Our strategic plan calls for us to play an increasingly larger role in the hospital market where administrators are striving to improve services while containing costs. Working closely with senior administrators and physicians, we have designed and rolled out tools and services that can help them meet the unique and challenging requirements of modern day medicine."

About Net Medical Xpress Solutions, a tradename of New Mexico Software, Inc.
Net Medical Xpress Solutions develops and provides medical IT services and solutions that enable improved and faster communication within the preventative, comprehensive and critical healthcare segments. For more information, visit or or contact Dick Govatski, president and CEO, at 505-255-1999 or

An investment profile on Net Medical Xpress Solutions may be found at To receive future releases in e-mail alerts, sign up at

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risks disclosed in the company's Forms 10-K and 10-Q filed with the SEC.

Contact Information

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