Photo Release -- Spine Pain Management Advances QVH Technology(TM) With Med X Change Partnership Agreement
December 02 2013 - 10:49PM
Spine Pain Management, Inc. (SPIN), a technology-driven, financial
service, device and healthcare solution company servicing the
multi-billion dollar spine injury sector, today announced at the
2013 Radiological Society of North America (RSNA) Expo, a
partnership distribution agreement with Med X Change, Inc. Med X
Change, Inc. is a FDA registered Class I, ISO13485 certified
Medical Device Company that produces surgical video
recorders for the operating environment.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=22492
This strategic partnership has several advantages, including:
advancing the QVH Technology™ (QVH); adding a "state of the art"
upstream hardware-software plus iOS iPad/iPhone APP package; Med X
Change's 13 years surgical video experience; expanding market reach
through new distribution channels; and lending for surgeon
credibility integrating into operating room equipment. Med X Change
has afforded a private labeling of their EvolutionHD™ Surgical
Video Recording system to our QVH Technology. This allows
surgeons to leverage off the QVH while integrating the QVH
Technology into surgical endoscopic and microscopic operating
equipment systems enabling the interface of radiological viewing
systems to integrate with video documentation.
The QVH end-user experience is enhanced with superior 1080p HD
resolution, advanced video conversion features that productize the
system for a more efficient operating room workflow and immediate
surgeon access to video files for their choice of view ability. Med
X Change is also currently selling their products in neurosurgery
and endoscopic surgical markets, into which SPIN has an interest in
expanding its QVH Technology.
The addition of the Med X Change EvolutionHD product line will
be private-labeled for a seamless look and easy-to-use end user iOS
mobile application for secure video access and application
connectivity to more efficient workflow operating suites and data
cloud services.
"This is an exciting partnership that we are entering into with
Spine Pain Management, Inc. that will further help both
organizations serve our mutual customers, highlight our strengths
and allow our products and services to evolve based on the needs of
surgeons and their staffs. Pairing with the Quad Video Halo System
is another step in the continued important direction of technology
that helps doctors and patients," commented Seth Kardos, President
of Med X Change, Inc. (www.MedXChange.com). Kardos went on to say,
"Med X Change has been selling surgical video systems for 13 years
and we are excited to be able to enhance the Quad Video HALO
Technology™ with our most advanced HD Video Surgical Recording
System. This Agreement will allow for an optimal surgeon/end user
experience in the operating room."
Dr. William F. Donovan, president and CEO of Spine Pain
Management, commented, "The EvolutionHD and QVH Technology
combination represents a breakthrough in HD Surgical Video
Recording Technology and thus allows us to leverage our QVH
Technology in proliferating our model into surgical suites
throughout the United States. We are very cognizant of the
importance of integrating into operating rooms while providing the
most value to our end users. After months of researching
numerous companies and products, we found the EvolutionHD to be the
most integrative, easy-to-use surgical HD recording interface on
the market."
Spine Pain Management is currently debuting the Quad Video HALO
Technology™ for distribution at the Radiological Society of North
America show in Chicago, the world's premier event in medical
imaging, Dec 1–6, 2013.
About Spine Pain Management, Inc:
We are a medical services and technology company facilitating
diagnostic services for patients who have sustained spine injuries
resulting from traumatic accidents. We deliver turnkey solutions to
spine surgeons, orthopedic surgeons and other healthcare providers
that provide necessary and appropriate treatment of
musculo-skeletal spine injuries resulting from automobile and
work-related accidents. Our care management services help reduce
the financial burden on healthcare providers that provide patients
with early-stage diagnostic testing and non-invasive surgical care,
preventing many patients from being unnecessarily delayed or
inhibited from obtaining needed treatment. We believe that our
services and technology brings strong transparency and impartiality
to all parties involved in the settlement of patient cases.
Additional information about the company, along with a video can
be found at its website at www.spinepaininc.com.
About Med X Change, Inc.
Med X Change, Inc. is a FDA registered Medical Device Company
that produces Medical Video Recorders for the surgical environment.
High Definition Video Recording / Capture is an essential part of
today's Operating Room. Surgical Video has a number of uses,
including teaching and presentation, Therefore, the quality of
the Medical Video is a key element. Focusing on FULL 1080p video
recording allows Med X Change to produce the most brilliant 1080p
surgical video possible for the users.
The Med X Change HD Surgical Video Recording Systems have a
variety of key features specifically designed for Medical Capture;
DICOM Integration, Auto Printing to Sony Medical Grade Printers,
USB Capture and HIPAA Compliance. Whether the recording system is
paired with a surgical microscope, endoscope, headlight or
arthroscope; brilliant video and images will be captured.
Forward-Looking Statements: This press release includes
forward-looking statements as determined by the U.S. Securities and
Exchange Commission (the "SEC"). All statements, other than
statements of historical facts, included in this press release that
address activities, events, or developments that the company
believes or anticipates will or may occur in the future are
forward-looking statements. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of the
company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Such factors include general economic
and business conditions, the ability to acquire and develop
specific projects, the ability to fund operations, healthcare
services demands, changes in healthcare practices, government
regulation, and other factors over which the company has little or
no control. The company does not intend (and is not obligated) to
update publicly any forward-looking statements. The contents of
this press release should be considered in conjunction with the
warnings and cautionary statements contained in the company's
recent filings with the SEC.
CONTACT: Company/Investor Contact:
Dr. William F. Donovan
Chairman, President & CEO
Spine Pain Management, Inc.
713 521-4224
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