Medify Solutions Limited 'Pink Sheets-MFYS' - First Mobile Device Units Delivered.LONDON -- Medify Solutions Limited (PINK SHEETS:MFYS) confirmed today that MedifyRemote mobile devices for NHS NHS abbr. National Health Service NHS (in Britain) National Health Service customers have been delivered to the first GP Surgery in Doncaster. This is the beginning of the delivery of MedifyRemote to the NHS. So far, 20 units have been ordered and delivered for the first GP site out of the scheduled 2500. What does this mean? This first GP surgery is not only the first NHS surgery but also the first EMIS EMIS Education Management Information System EMIS Energie en Milieu Informatiesysteem voor het Vlaamse Gewest (Belgium) EMIS European Mathematical Information Service EMIS Egton Medical Information Systems surgery and marks the beginning of the roll out. In simple terms the first allocation will mean in published revenue projections: 20 x $85 x 12 equals $20,400 (for ONE site, 20 MedifyRemote units at $85 per unit per month for 12 months). There are approximately 500,000 healthcare professionals in the NHS. Therefore in real terms the announcement means the start of 500 000 x $85 x 12 annual projected revenue in delivery equals $510m annually. However, assuming only a 10% uptake uptake /up·take/ (up´tak) absorption and incorporation of a substance by living tissue. up·take n. in year one this equates to $51m annually. MedifyRemote is the ideal solution for healthcare professionals to help them provide better, more efficient, and more informed quality care to patients. Whether it's in a patient's home, at a hospital bedside, consulting room consulting room Noun a room in which a doctor sees patients consulting room n (BRIT) → consulta, consultorio consulting room or ambulance, vital access to patient records is now instant, secure and highly efficient. The system allows for 'real time' access and hence updates and records can be produced automatically. MedifyRemote offers significant advantages in terms of efficiency and clinical governance Clinical governance is the term used to describe a systematic approach to maintaining and improving the quality of patient care within a health system. It was originally elaborated within the United Kingdom National Health Service (NHS), and its most widely cited formal as proven within the UK NHS and is non platform specific. Company website: www.medifysolutions.com This news release contains 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. that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of 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. For a more complete description of these and other risk factors that may affect the future performance of Medify Solutions Limited, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date made or to reflect the occurrence of unanticipated events. |
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