EasyMed Services Inc. Signs agreement with modern pharmaceutical company to develop diabetes support solution in United Arab Emirates
TORONTO, ONTARIO (Jan. 24, 2011) EasyMed Services Inc. (CNSX: EZM) ("EasyMed"� or the "Company"�) is pleased to announce that it has entered into a Memorandum of Understanding with Modern Pharmaceutical Company (MPC�) of Dubai, UAE to develop a tailor-made support offering for diabetes patients in view of commercializing a corporate service offering in the United Arab Emirates. Once implemented with a local corporate entity, this offering will be made furtherin the MENASA region.
EasyMed will enhance the existing MPC product offering by integrating the EasyMed Mobile Disease Management Solution with reminder services, data collection and proprietary technology for inputting blood sugar levels for diabetes related medication. The Company will also provide management and analytics tools for:
MPC Diabetes Portal Management
Complementary Office Management Tool
Sales of Products and Services
Modern Pharmaceutical Company has been an active partner in the advancement of healthcare in the UAE for four decades. MPC, as an exclusive agent and distributor, is engaged in importing,distributing and marketing of pharmaceuticals, medical equipment, laboratory reagents, skin & beauty care products, home monitoring devices and dietary supplements.
MPC is a household name and a world leader in healthcare equipment and products with strong and reliable partnerships with major manufacturers and suppliers. MPC provides the latest in healthcare products and technology at par with world standards and in tune with regional requirements and the aspirations of clients and customers.
EasyMed CEO “ Dr Carmelo Bisognano stated, "The agreement with MPC of Dubai is a key step in our drive for commercializing our product offering worldwide. This MOU has been signed in view of developing the large diabetes market in the UAE. After an initial period of corroboration and canvassing of health-care professionals by MPC, further in-roads will be made with national government agencies as to the viability of rolling-out the product in the entire UAE, with EasyMed providing the product technology and MPC the product distribution through their extensive local and regional network."
EasyMed Services Inc. is a Medical and Health Technology Services Company based on an Internet and Mobile phone platform offering a range of services and applications for individuals, families, medical and health care professionals, pharmaceutical manufacturers,insurance companies and complementary service providers. The main service features include medical and health reminders, on-line and mobile phone access and interactivity, telemedicine, and an international medical and health information service.The company is operating and headquartered in Geneva, Switzerland with offices in Chennai, India and Toronto, Canada comprised of corporate management and qualified Medical and IT professionals.
EASYMED SERVICES INC.
Carmelo Bisognano
For more information on EasyMed Services Inc. please contact: Jared Scharf CFO & Director, EasyMed Services Inc. (416) 662-3971
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. These forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release�.