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Visual Healthcare Provides Platform for Web-Based Personal Electronic Medical Record

Posted on: Friday, 26 January 2007, 18:00 CST

Visual Healthcare Corp. (the "Company") (OTC: VSHC) has entered into an agreement with Baraka Holdings Ltd. of Montreal, Quebec, to provide its inference engine and unique Decision-Support technology platform for a subscriber-accessible internet Electronic Medical Record (EMR) available to the on-line community. Of note, Visual Healthcare's affiliate, VisualMED Clinical Solutions Corp, has recently announced, in a parallel agreement, that it will license the medical knowledge base to be made available to Baraka subscribers. The platform on which the knowledge base rests will be Visual Healthcare's contribution to this important addition to publicly-available health-maintenance internet services.

Baraka Holdings, a company formed to provide web-based medical tools for the general public, will use the Visual Healthcare platform to power its Personal Health Informatics System (PHIS) one of the first ever interactive EMR available to internet users.

Baraka acquires the rights to use this technology for a royalty stream equal to 20% of subscription revenues and will pay an advance of $1.5 million. "This agreement is expected to generate revenues with higher margins because of the unusually low maintenance cost" says Visual Healthcare Chairman Gerard Dab. "We believe this service will rapidly reach hundreds of thousands of users and we look forward to a recurring revenue base of close to $2 million for 2008." Demand for web-based medical support will see significant growth as recent studies suggest that the third-largest area of inquiry on the internet search engines is personal-health related.

Fully secure and confidential, the proposed site would allow individual subscribers to enter their own medical, health, diet and other data. The subscriber-accessible EMR contains healthcare information maintained by the medical record subscriber but also supports automated data transfer which may originate from any locally-available health care provider service. Subscriber demographics, allergies, intolerances, risk factors, blood pressure, diabetic measurements, results of diagnostic interventions, radiology and other examinations are all supported. At locations where supported by numbers, subscriber laboratory and image test results may be downloaded directly into the subscriber-accessible EMR, providing even more robust knowledge base support.

"As governments spend billions on national EMR programs that have difficulty getting off the ground, or that may not be ready for decades, we are taking the lead in providing technology to satisfy an increasing demand for medical information services, and provide them to consumers over the internet," added Mr. Guilleminot, Marketing Director for Baraka Holdings.

About Visual Healthcare Corp.

Visual Healthcare Corp. is a holding company that owns a portfolio of state-of-the-art information technologies including a unique proprietary technology platform used in the fields of medicine, hospital management, data security, and healthcare infrastructure. It licenses its technology to operating companies in exchange for an equity stake or a royalty stream.

Additional information regarding the company and its products is available at www.visualhc.com.

About Baraka Holdings

Baraka Holdings Ltd. was recently created to bring together medical professionals, advertising agencies and internet providers in order to better serve the internet community. Baraka's goal is to make available practical tools for on-line consumers who seek healthcare support and therapeutic alternatives.

Forward-Looking Statements

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

Source: Business Wire

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