DMH International, Inc. Announces Merger Talks With Virtual Physician's Network
October 21 2013 - 8:00AM
Marketwired
DMH International, Inc. Announces Merger Talks With Virtual
Physician's Network
DMH International Is Announcing the Signing of a Comprehensive
Letter of Intent for the Acquisition of Virtual Physician's
Network, a Medical Software and Applications Provider
CORAL SPRINGS, FL--(Marketwired - Oct 21, 2013) - DMH
International, Inc. (OTCBB: DMHI) (OTCQB: DMHI), announced today
that they had signed a definitive Letter of Intent to acquire 100%
of Virtual Physician's Network (VPN), a medical software and
applications provider. The acquisition requires definitive
agreements to be created along with audited financials to be
provided by Virtual Physician's Network.
"This is an exciting merger," explained Rik J Deitsch, CEO of
DMH International. "Virtual Physician's Network's products are a
great addition to our medical imaging and medical records software.
They bring entirely new applications and markets to the company as
well as seasoned management, software designers and sales support
that has been lacking at DMH International," he continued. "The
addition of the Virtual Physician's Network's products and
management will greatly expand our product offerings and is
expected to shorten our time to market for all of our products and
services," Deitsch concluded.
Virtual Physician's Network is a mobile healthcare business
applications company offering the first fully integrated virtual
event and professional networking platform combined with
proprietary practice building tools for surgeons, healthcare
professionals and medical vendors. Virtual Physician's Network
provides all this for through the Virtual Physician's Network
mobile app available in the App store (Apple devices), Google Play
(Droid devices) and on their web based application. For additional
information about Virtual Physician's Network including a video
demonstration, visit: www.virtualphysiciansnetwork.com.
"I am very excited about the opportunities the merger opens up
for both companies," said George England, President and Chief
Operating Officer of Virtual Physician's Network. "Virtual
Physician's Network was designed with surgeons, healthcare
professionals and medical vendors to improve clinical outcomes,
save time and money, drive revenue and increase accountability
utilizing the latest mobile app technology. By adding the ability
to sync with the Touch Medical PACS and EMR software solutions we
have the ability to offer a unique and incredible healthcare
business application package," he added. "This will greatly
accelerate our expansion with surgeons, hospitals and medical
vendors by linking these intuitive solutions and compelling content
together," Mr. England concluded.
The merger is expected to be completed before the end of the
current year.
About DMH International DMH International, through its
subsidiary, Touch Medical Solutions, is a medical software and
device company specializing in PACS (Picture Archiving and
Communications Systems), EHR (Electronic Hospital records), EMR
(Electronic Medical Records), PHR (Personal Health Records),
Medical Transcription, and Paperless Medical Office Solutions. For
additional information about Touch Medical Solutions, visit:
http://www.dmhintl.com
SEC Disclaimer This press release contains forward-looking
statements. The words or phrases "would be," "will allow," "intends
to," "will likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Actual results
could differ materially from those projected in DMH International's
("the Company's") business plan. The signing of a letter of intent
with VPN should not be construed as an indication in any way
whatsoever of the future value of the Company's common stock or its
present or future financial condition. The Company's filings may be
accessed at the SEC's Edgar system at www.sec.gov. Statements made
herein are as of the date of this press release and should not be
relied upon as of any subsequent date. The Company cautions readers
not to place reliance on such statements. Unless otherwise required
by applicable law, we do not undertake, and we specifically
disclaim any obligation, to update any forward-looking statements
to reflect occurrences, developments, unanticipated events or
circumstances after the date of such statement.