Connectyx Announces the Launch of MedFlash
Posted on: Monday, 9 June 2008, 09:01 CDT
Connectyx Technologies Holdings Group, Inc. (Pink Sheets:CTYX) announced today the launch of its MedFlash personal health record at the 60 Columbus Ohio stores of the Kroger Columbus Division. MedFlash is designed to store personal health information on a 2 inch portable flash drive with access through the Internet to register and maintain all the details of a personal health record. Ronn Schuman, the company's CEO, stated, "We are very pleased with the continued support and commitment from the Kroger Divisions and look forward to expanding our market reach with the addition of the Kroger Columbus, Ohio launch of our MedFlash personal health record (PHR) and lifestyle portal.""MedFlash is an easy-to-use, portable personal health record that allows consumers to manage all areas of their lifestyles, focusing on wellness and prevention," said Ronn Schuman, Connectyx CEO. "It allows users to easily keep their history, medication records, treatments and lifestyle routines up to date on a device that they can carry with them. The device is seamlessly connected to any computer for routine or emergency access to important information. Serious drug interactions can be avoided, allergic reactions prevented and historical records accessed including X-rays, MRIs and CAT scans. We are very pleased to introduce our product through the Kroger stores, which recognize the importance of the personal management of one's own health care records. MedFlash has the ability to protect the elderly from serious drug interactions as well as to document the continuing health history in one location. It is a significant step forward in health care."
MedFlash asks the user specific questions to help create a complete personal health record, making it easy for consumers to view their information. Consumers can also access their personal health information by going directly to the MedFlash Web site. This can be helpful in doctors' offices or hospitals and emergency rooms.
Its owners not only to keep medical history but gives them the ability to download MRIs, XRays, and a host of other medical and life style information all on a 1 GB flash drive that can plug into any computer and or be accessed directly from the Internet. MedFlash has experienced significant sales increases in the last 6 months due to a number of new customers. MedFlash has the price point that appeals to all age sectors, and its distribution is not limited to the retail marketplace. MedFlash is being introduced to charitable organizations for fundraising efforts, has corporate logo appeal, can be sold via physicians practices, through insurance companies, given away as a corporate benefit, valuable to the travel industry for clients leaving the US, has the ability to be translated into many languages and the list goes on.
Our second medical product - MRN - launched its initial robust claims management software, which specializes in reprocessing claims. Last year alone MRN successfully handled over 10 million claims. The product has been tested through licensing agreements and now has proof positive that the product works in a variety of settings: medical offices, large multi physician practices, hospitals, clinics, medical mail order, and large medical billing companies. Throughout 2007 and into early 2008, the company made significant modifications which will enhance the product. Management is reviewing their business model to offer its service on a transactional basis which could bring significant revenue to the company. It should have a significant benefit for clients, typically saving them thousands of dollars during its periods of use.
About Kroger www.kroger.com
Kroger is one of the nation's largest retail grocery chains. The Company's more than 300,000 associates serve customers in 2,487 supermarkets and multi-department stores in 31 states under two dozen local banners including Kroger, Ralphs, Fred Meyer, Food 4 Less, Fry's, King Soopers, Smith's, Dillons, QFC and City Market. Kroger associates also serve customers in 782 convenience stores, 405 fine jewelry stores and 678 supermarket fuel centers the Company operates. The Company also operates 42 food processing plants in the U.S. Headquartered in Cincinnati, Ohio, Kroger focuses its charitable efforts on supporting hunger relief, health and wellness initiatives, and local schools and grassroots organizations in the communities it serves. For more information about the Company, please visit our web site at www.kroger.com.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, rules and regulations promulgated under the Act, unanticipated changes in Medicare reimbursement, outcomes of government reviews, inquiries and investigations and related litigation, continued compliance with government regulations, fluctuations in customer demand, management of rapid growth, competition from other healthcare product vendors, timing and acceptance of new product introductions, general economic conditions, geopolitical events and regulatory changes, as well as other relevant risks. The information set forth herein should be read in light of such risks. Connectyx assumes no obligation to update the information contained in this press release.
Source: Business Wire
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