Masterpiece Technology and Wireless MD Finalize Agreement to Launch Bi-directional Wireless-Internet-based Program to the Medical Market.Business Editors
CINCINNATI--(BUSINESS WIRE)--April 12, 2000
Masterpiece Technology Group, Inc. (OTC OTC
See over-the-counter market (OTC). BB: MPTG) today announced the signing of a final strategic marketing alliance with Wireless MD, Inc., the nation's first two-way, wireless resource for the mobile medical community through its 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 platform. The agreement would create the first real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. , web-enabled practice management solution via Masterpiece's EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. (electronic medical records) medical software suite and Wireless MD's network of interactive medical pagers.
The Wireless MD network is designed to support collaborative, real time and secure data exchange in a cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. manner while offering convenience for healthcare service providers. The Wireless MD link provides communication services between any computer system, including laboratory test results, retail pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia
Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major , and patient records regardless of its information technology. Masterpiece Technology and Wireless MD will market each others services to their respective business partners and contacts and will engage in joint advertising programs and participate in a revenue sharing revenue sharing
Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. agreement.
Masterpiece Technology Group President Dr. Newell Crane stated, "This agreement produces a major breakthrough in real-time information access to medical records within a doctor's practice, thus allowing physicians access to vital patient information through its Internet platform."
Wireless MD brings together physicians, hospitals, pharmaceutical manufacturers, laboratories, and retail pharmacies producing a connectivity between a broad range of organizational networks, thereby creating a powerful and targeted medical information menu.
Masterpiece Management also reported that its Letter of Intent to acquire Triadd Software Corporation was terminated. Triadd is a private company that provides records management systems. The proposed acquisition, previously announced during the last quarter of 1999, was intended to bring the document archive capability to Masterpiece's information management technology portfolio. Ultimately, the principals of the companies failed to reach agreement on how to integrate their businesses.
Masterpiece Technology Group, Inc., (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). : MPTG), an Ohio-based company providing a suite of comprehensive software and technical software solutions for medical office management, physician financial and clinical outcome analysis and medical practice guidelines practice guidelines Medical practice A set of recommendations for Pt management that identifies a specific or range of range of management strategies. See Peer review organization, Practice standards. Cf 'Cookbook' medicine. Masterpiece is at the forefront of the digital information revolution. The Company's physician medical records product, Maplecrest EMR, provides a medical records information software package that collects and stores patient data during the creation of the client narrative record. Masterpiece Technology Group, Inc. is based in Ohio and its homepage is www.masterpiecetechgroup.com.
Wireless MD, Inc., headquartered in Atlanta, Georgia, is dedicated to providing the medical community with innovative wireless connectivity solutions. Wireless MD's two-way, real-time, interactive medical data retrieval system enables a physician to communicate directly with office and hospital databases, pharmaceutical manufacturers, managed care organizations, pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. retailers, and the Internet via two-way alphanumeric alphanumeric (ăl'fənmĕr`ĭk) or alphameric (ăl'fəmĕr`ĭk), the set of letters and numbers. pagers, handheld digital assistants, and wireless laptops. For more information please visit the Company's website at www.wirelessmd.com.
This press release contains certain forward looking information that is subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Without limitation, these risks and uncertainties include economic recessions or downturns in customers' business cycles, rapid market fluctuations. Readers are urged to carefully review and consider the various disclosures made by the Company in this press release and in the Company's periodic reports.