SOURCE: NHS Health Solutions, Inc.

July 09, 2012 09:49 ET

NHS Health Solutions, Inc.'s Subsidiary Mineseeker Operations Enters Into Memorandum of Understanding With South American Partner

HILTON HEAD ISLAND, SC--(Marketwire - Jul 9, 2012) - NHS Health Solutions, Inc.'s (PINKSHEETS: NHSH) subsidiary Mineseeker Operations Overseas Limited ("Mineseeker"), has entered in to a Memorandum of Understanding with Columbian based Fastcol Inc. ("Fastcol") to bring its landmine survey technology to South and Central America.

Fastcol have already undertaken initial discussions with General Pinilla in Colombia, regarding the country's landmine issues and understand that the government has allocated some $280 million to address the problem. The Memorandum of Understanding calls for the companies to visit Bogota as the next step, prior to completing a fully binding joint venture agreement and investment by Fastcol in NHSH.

Fastcol representatives have also had encouraging meetings in Chile with the Chief of Operations of the Country's National De-mining Commission, Lieutenant Colonel Juan Godoy and Army Chief of Staff, General Antonio Cordero.

Mineseeker is now working on requests from both of these countries for further information based on details that have been provided of the scope of the land contaminated by minefields.

Mineseeker CEO, Mike Kendrick, commented, "This is the first time our landmine mapping and survey technology has been presented in South America, and I am delighted that Fastcol have already made great progress in making these introductions."

"We believe we can make a huge difference to the landmine issue that is faced by these countries and look forward to working with Fastcol in providing solutions which will help in releasing land back to the people of these countries."

Mineseeker now has representation in Central and South America, North Africa, the Middle East and Southern Africa. The appointment of partners in Asia will complete a global network and Mineseeker is in discussions with a number of companies based in countries affected by landmines in the region.

Mineseeker, also, expects to make further announcements later this week in relation to the strengthening of its management team with a number of senior level appointments.

Safe Harbor Statement
This release contains forward-looking statements that relate to future events or performance. These statements reflect the company's current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

Contact Information

    NHS Health Solutions, Inc.
    Investor Relations
    (843) 410-8499