AmeriNet/PriMed Technologies Announces Extension of Applications Development Partnership Agreement Will Help Bring New Healthcare Technologies to Physicians, Other Groups.Business Editors/Health & Medical Writers BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Jan. 12, 2001 PriMed Technologies, Inc., which is under a letter of intent to be acquired by AmeriNet Group.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABUY) ("AmeriNet"), today announced an extension of its application development partnership with AIT Corporation (AITSOFT.com). The agreement extension will allow PriMed to continue to develop leading-edge document management systems, medical records imaging and web-enabled applications for the healthcare industry, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Evan R. Brovenick, president, PriMed. "We look forward to extending this partnership, which allows us to create new technologies and enhance our products/services to meet evolving market needs," he said. PriMed has been a strategic partner with AIT, a Coral Springs Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990. software development company, since 1997. Through that alliance, PriMed has developed and deployed several powerful software applications, including the document management system that makes x-rays and other medical records, streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. and digital voice files available online. Other services include inventory control, and point of care applications. AIT has also successfully developed web-enabled applications for several well-known corporations, including BandsMart, a well-known Florida electronics wholesaler, as well as creating an interactive web-enabled access tool for The Collier County Florida Tax Appraiser A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property. Appraisers are frequently appointed in probate and condemnation proceedings and are also used by banks and real estate concerns to determine the market Office. "This continued partnership with PriMed allows AIT to have access to the healthcare industry through PriMed's ongoing penetration of the marketplace," said John Olive, president, AIT. Brovenick added that PriMed's document management systems can meet the needs of many organizations beyond the healthcare market. "These solutions appeal to the legal industry, as well as other types of businesses that can benefit from paperless technology," he said. PriMed Technologies, Inc. provides proven management and financial expertise along with the latest on-line technologies to its growing client base of physicians, hospitals and ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. service organizations in South Florida. Regional and nationwide expansion is planned over the next 24 months. PriMed and AmeriNet are in the process of completing definitive acquisition documents, and the parties hope to complete the acquisition by January 15, 2001. AmeriNet is a publicly traded holding company, which files periodic reports with the Securities and Exchange Commission. It has offices in Ocala and Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. . In business since 1964, its management has a collective wealth of expertise in finance, acquisitions and securing growth capital for emerging companies in the medical, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and high-tech fields. For further information, contact charles@amerinetgroup.com, tel, 561/998-3435, or fax, 561/998-4635, or visit www.amerinetgroup.com. This release is comprised of inter-related information that must be interpreted in the context of all of the information provided, and cares should be exercised not to consider portions of this release out of context. This release contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and information" (as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995) concerning AmeriNet that are based on the beliefs of AmeriNet's management, as well as assumptions made by and information currently available to AmerInet. Such statements reflect the current views of AmeriNet with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herin as anticipated, believed or expected. AmeriNet does not intend to update these forward-looking statement prior to announcement of quarterly or annual results. |
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