SOURCE: VisualMED Clinical Solutions Corp.

August 14, 2007 20:24 ET

VisualMED Sees Shift in Conventional Wisdom; US Healthcare Operating in a Paper "Dark Ages" Says New York Times Editorial

MONTREAL--(Marketwire - August 14, 2007) - VisualMED Clinical Solutions Corp. (the "Company") (OTCBB: VMCS) (Frankfurt: VA6) reports that a critical editorial in the New York Times Sunday edition of August 12 describes the US healthcare system as not at all in the forefront, but lagging behind those of most western countries from a variety of perspectives.

In particular, the editorial points out the lack of useful information technology available to assist physicians. "...Shockingly, despite our vaunted prowess in computers, software and the Internet, much of our health care system is still operating in the dark ages of paper records and handwritten scrawls. American primary care doctors lag years behind doctors in other advanced nations in adopting electronic medical records or prescribing medications electronically. This makes it harder to coordinate care, spot errors and adhere to standard clinical guidelines," noted the article.

The unprecedented harsh tone of the editorial illustrates a shift in conventional wisdom through which decision makers will be forced to adopt clinical technology to modernize America's healthcare institutions. The Times intimates that the status quo is clearly unsustainable. "It is certainly a positive development when key drivers for companies like VisualMED have such public health implications that they surface in an editorial in America's most influential newspaper," said Chairman Gerard Dab.

The editorial, coming at the moment that it does, is indicative of the positive shift in the healthcare information technology industry predicted by Health-IT World earlier this year. This major industry publication predicted that the healthcare informatics industry will see more progress and advances in the next 3 years in the deployment of healthcare information systems in hospitals in the United States, than it has in the last 20 years.

The article puts a $40 billion value on the domestic healthcare IT industry, and suggests a widespread change in attitudes that favors a leap toward the inevitable purchase of Electronic Medical Records by hospitals, and the development of software and websites that will allow individual citizens to access their own medical records. "VisualMED expects to benefit from this trend," said Mr. Dab. "As noted in a recent report, we are providing a platform for a Personal Healthcare Information System that will be available to subscribers as well as their doctors over internet, and will continue to license our technology to significant industry players."

The Health-IT World article points to a trend that is expected to sustain the industry for many years to come. VisualMed technologies are well positioned to fill the needs of a significant portion of the healthcare market with its array of user-friendly, cost-effective and quickly implemented solutions.

The full text of the Health-IT World article is available at http://www.health-itworld.com.

About VisualMED

VisualMED Clinical Solutions Corp. markets and distributes clinical management solutions that help hospitals and healthcare authorities reduce medication errors, increase personnel efficiency and bring down operating costs. One of its key decision support components is a core solution in the new agenda to promote greater patient safety and reduce risks due to medication errors.

Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com.

Forward-Looking Statements

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

Contact Information

  • Contact:

    Barry Scharf
    C.O.O.
    VisualMED Clinical Solutions Corp.
    Tel: 514 274 1115