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MDwerks, Inc. Appoints Lila K. Sobel Chief Operating Officer and Gerald Maresca Vice President of Business Development.


DEERFIELD BEACH Deerfield Beach, town (1990 pop. 46,325), Broward co., SE Fla., on the Atlantic coast; inc. 1925. The development of high-technology industry and commerce expanded the town and more than doubled its population between 1970 and 1990. , Fla. -- MDwerks, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MDWK), a provider of innovative web-based, electronic claims management and funding solutions for healthcare professionals, announced today that Lila K. Sobel has joined the Company as Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 and Gerald Maresca, who previously held the position of Chief Operating Officer, has been appointed Vice President, Business Development.

Lila Sobel most recently was the Vice President of Medical Operations for Geisinger Health Plan, Geisinger Health System The Geisinger Health System (GHS) is a physician-led health care system of northeastern and central Pennsylvania with headquarters located in Danville, Pennsylvania. . Prior to that position, Lila was Vice President of Operations for HCSC/Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross.  of Texas. She also held positions as a Medical Claims Coordinator and a Clinical Nurse Specialist clinical nurse specialist
n.
A nurse who has advanced knowledge and competence in a particular area of nursing practice, such as in cardiology, oncology, or psychiatry.
. Lila has a total of 28 years of experience in the medical service and management fields and will be responsible for Company-wide new client implementations, client support, quality assurance and all client billing and collection matters.

Gerald Maresca has been an executive with the Company since its inception and prior to joining MDwerks, Inc. was responsible for developing our products as an executive of MEDwerks, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Gerry has 28 years of technology, engineering and program management experience, with a focus on hardware and software development of computer software products. In this position, Gerry will function as the Company's business architect, establishing and implementing appropriate technical development strategies to support both current and new business objectives.

Both positions report directly to Howard Katz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , MDwerks, Inc., who said, "We are delighted to welcome Lila K. Sobel to MDwerks as our Chief Operating Officer and are pleased that Gerry Maresca will be heading up Business Development for the Company. Both executives are seasoned professionals and bring in-depth experience to two vital areas of our business."

About MDwerks, Inc.

MDwerks, Inc. (OTCBB:MDWK), based in Deerfield Beach, Florida Deerfield Beach is a city in Broward County, Florida, USA. The city is named for the numerous deer that once roamed the area. As of 2004, the population estimated by the U.S. Census Bureau is 76,478. , provides healthcare professionals with automated electronic insurance claims management solutions and advance funding of medical claims, as submitted, through a revolving line of credit Revolving line of credit

A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years.
.

MDwerks(TM) solutions comprise an innovative web-based, HIPAA-compliant system of comprehensive administrative and financial services designed for physician practices of all sizes and specialties whether in a single or multi-location operation. Financial lenders, healthcare payers and other related business also benefit from MDwerks' solutions. For more information about the Company, please visit www.mdwerks.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of MDwerks' Securities and Exchange Commission filings available at http://www.sec.gov.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 1, 2007
Words:568
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