SOURCE: VisualMED Clinical Solutions Corp.

May 14, 2007 20:27 ET

VisualMED Technology to Be Deployed Over the Internet

Medical.MD Offering Group Subscriptions for Major Employers

MONTREAL -- (MARKET WIRE) -- May 14, 2007 -- VisualMED Clinical Solutions Corp. (the "Company") (OTCBB: VMCS) (FRANKFURT: VA6) announces that the VisualMED Electronic Health Record will be deployed in a subscriber user format over the Web for the internet community by a new joint venture partnership between our licensee Medical.MD of Montreal, Canada, and a group of associates that includes an International advertising agency and a leading provider of information technology.

The agreement calls for the Company to receive a one-time license fee of $1.5 million, in addition to a royalty stream equal to 15% of the overall revenues of Medical.MD.

This joint venture has begun to negotiate with some of the larger corporate employers for group subscriptions to its subscriber-based personal health record that will be marketed to the general public as well. These corporations are already involved in managing healthcare for their employees and the provision of a subscriber-based electronic medical record will contribute to the optimization of access to care.

Fortune 500 companies spend hundreds of billions on healthcare every year on more than 20 million employees.

"Early corporate interest indicates that we may have as many as 800,000 corporate subscriptions by the end of year one," says Chairman Gerard Dab. "At $40 per subscription, our 15% royalty stream will be a significant revenue source that complements our other business interests."

Subscribers will have a fully secure, immediate access to their full personal medical record from anywhere in the world, and will be able to independently manage their personal health record. Medical.MD is providing the same medical technology currently in use in cutting edge paperless hospitals in the United States and Canada.

About Medical.MD Inc.

Medical.MD provides web-based technology that allows subscribers to monitor their own patient record and care procedures. State of the art clinical information system software allows anyone to access key information critical to their own care, and provide a full range of medical information for any condition and available treatments, which when used alone or in conjunction with a physician, can dramatically increase the chances for positive health outcomes, and lead to a better informed public.

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