ZoomMed inc.
TSX VENTURE : ZMD

ZoomMed inc.

June 21, 2012 15:13 ET

ZoomMed Signs a Collaboration Agreement with Argonaut Solutions Group and MEDAalliance

MONTREAL, QUEBEC--(Marketwire - June 21, 2012) - ZoomMed inc. (TSX VENTURE:ZMD), developer of the e-Prescribing Web application "ZRx Prescriber" and the e-Pic Communication Network, is pleased to announce the signature of a collaboration Agreement with two Toronto based companies; Argonaut Solutions Group Inc. which specializes in Organization's IT infrastructure and MEDAlliance Inc. which offers consulting services to Healthcare Professionals.

The agreement provides the integration of one of Argonaut's product, a custom digital pen technology solution for healthcare professionals, with the ZRx Prescriber platform, in order to market a customized long-term care e-Prescribing solution (LTCRx) to Canadian long-term care facilities.

As a result, the new e-Prescribing LTCRx Solution will generate and print scripts. The physicians will then sign each script with a digital pen that will register its signature. The script image with a specific and unique signature will then be electronically transmitted through ZoomMed's e-Pic communication network to the pharmacist.

Market

As reported by Statistics Canada (2007), there are 1,952 long-term care facilities, which provide medical services to more than 197,412 patients throughout Canada. Therefore, a customised e-Prescribing solution represents a big market opportunity for ZoomMed and its collaborators.

About Argonaut Solutions Group (ASG)

ASG is a company that specializes in the planning, deployment and support of any organization's IT infrastructure. It provides innovative technology services and solutions to make companies more efficient.

For further information on ASG, visit the Web Site: www.asgcorporate.com

About ZoomMed

ZoomMed developed the ZRx Prescriber, a technological innovative Web application that enables physicians to use a wireless device, such as the IPod Touch™, IPhone™, IPad™, Google Android™, other PDA's or computers, to write and rapidly deliver scripts. Since it is a stand-alone product, it can easily be integrated to any Electronic Medical Record application (EMR).

ZoomMed's e-Pic Communication Network is a clinical information exchange platform between physicians and the various other stakeholders of the health sector: pharmacists, specialists, pharmaceutical corporations, laboratories, specialized clinics and others.

Furthermore, ZoomMed also offers "PraxisLab" a new pharmacy management software that enhances all aspects of the prescription filling process and the complete pharmacists patient file management. PraxisLab uses state-of-the-art protocols and up-to-date software standards.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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