MyMedicalRecords Personal Health Record Kit Now On Sale at Drug
Chains, Etailers & Retailers
LOS ANGELES, CA--(Marketwired - Apr 14, 2014) -
MyMedicalRecords, Inc., a wholly owned subsidiary of MMRGlobal,
Inc., (OTCQB: MMRF)
collectively ("MMR"), today announced the launch of its
MyMedicalRecords Personal Health Record Kit going on sale in Drug
Chains, Etailers and Retailers nationwide. MMR already has
agreements in place and orders to sell the kit starting this
quarter through Etailers and retailers representing more than 30
million customers nationwide. The program will be supported by a
national syndicated television advertising campaign and millions of
dollars in retailer co-op advertising funds, which are part of the
Company's agreements with retailers.
MMR also announced the appointment of Compass Express as a
Manufacturer's Representative for selected accounts. Compass
currently sells connected health and wellness, home automation,
wearables, wireless devices and accessories, small appliances,
sporting goods, toys, seasonal merchandise, textiles, and home
improvement products to Amazon.com, Costco Wholesale, Target, Best
Buy, Lowe's, Staples and numerous other national and regional
retail chains.
The MyMedicalRecords Personal Health Record (PHR) kit will be
shipped as part of a line of two SKUs including a six month and one
year membership program. These SKUs were designed exclusively for
sale on Ecommerce sites and retail shelves with a six month starter
kit priced at only $29.95. Renewals can also be purchased through
retailers or on the Company's MyMedicalRecords.com site with
revenue sharing of residual income also going to originating
retailers.
According to Frank Finn, Managing Partner at Compass, "We take a
very hands-on approach in helping our supplier partners determine
the best course of action to secure placement and maximize revenue
at retail. We understand what our retailer customers are looking
for from their suppliers, which enables us to take a great product
like MyMedicalRecords and mold it into a meaningful retail
program."
The specially designed retail package was created exclusively
for retailers. The PHR kit includes everything an individual needs
to "Quick Start" and launch a MyMedicalRecords Personal Health
Record account for up to ten family members, including pets, and
contains emergency wallet cards, emergency stickers, and
notification stickers specifically designed to request medical
records from healthcare professionals. The kit also features four
password protected MyEsafeDepositBox accounts allowing users to
securely store other important and vital documents, such as copies
of birth certificates, insurance papers, passports, financial
records wills and advance directives, in one convenient
location.
Robert H. Lorsch, MMRGlobal Chairman and Chief Executive
Officer, said, "HealthCare.gov is in full swing, as was advertised
to start in 2014. More than 7 million people have signed up for
insurance, and another 3 million have been included in Medicaid
expansion. Based on more than $370 million spent in advertising and
related marketing expenses last year on the Affordable Care Act,
patients are also learning how important it is to have a Personal
Health Record for medical emergencies and disaster preparedness.
And starting in 2014 under the HITECH Act, eligible providers need
to offer at least 50% of their patients online access to their
personal health information such as through a PHR."
MMRGlobal is a leading provider of Personal Health Records,
MyEsafeDepositBox storage solutions and MMRPro document management
and imaging systems for healthcare professionals. MyMedicalRecords, Inc. owns
10 U.S. healthcare patents including U.S. Patent Nos. 8,121,855;
8,117,045; 8,117,646; 8,301,466; 8,321,240; 8,352,287; 8,352,288;
8,498,883; 8,626,532 and 8,645,161, and additional applications and
continuation applications. A Notice of Allowance for its 11th U.S.
patent was recently received. MMR also has numerous other health IT
patents issued, pending and applied for in countries or regional
authorities of commercial interest, such as Australia, Singapore,
New Zealand, Mexico, Japan, Canada, China, Hong Kong, South Korea,
Israel and Europe.
About MMRGlobal MMRGlobal, Inc., through its wholly-owned
operating subsidiary, MyMedicalRecords, Inc., provides secure and
easy-to-use online Personal Health Records ("PHRs") and electronic
safe deposit box storage solutions, serving consumers, healthcare
professionals, employers, insurance companies, financial
institutions, retail pharmacies, and professional organizations and
affinity groups. The MyMedicalRecords PHR enables individuals and
families to access their medical records and other important
documents, such as birth certificates, passports, insurance
policies and wills, anytime from anywhere using the Internet.
MyMedicalRecords is built on proprietary, patented technologies to
allow documents, images and voicemail messages to be transmitted
and stored in the system using a variety of methods, including fax,
phone, or file upload without relying on any specific electronic
medical record platform to populate a user's account. The Company's
professional offering, MMRPro, is designed to give physicians'
offices an easy and cost-effective solution to digitizing
paper-based medical records and sharing them with patients through
an integrated patient portal. Through its merger with Favrille,
Inc. in January 2009, the Company acquired intellectual property
biotech assets that include anti-CD20 antibodies and data and
samples from its FavId™/Specifid™ vaccine clinical trials for the
treatment of B-Cell Non-Hodgkin's lymphoma. To learn more about
MMRGlobal, Inc. visit www.mmrglobal.com. View demos and video
tutorials of the Company's products and services at
www.mmrtheater.com.
Forward-Looking Statements All statements in this press release
that are not strictly historical in nature, including, without
limitation, MMR's future performance, management's expectations,
beliefs, intentions, estimates or projections, constitute
"forward-looking statements." Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause MMR's actual results to be materially different from
historical results or from any results expressed or implied by such
forward-looking statements. Some can be identified by the use of
words (and their derivations) such as "need," "possibility,"
"potential," "intend," "offer," "development," "if," "negotiate,"
"when," "begun," "believe," "achieve," "will," "estimate,"
"expect," "maintain," "plan," and "continue," or the negative of
these words. Actual outcomes and results of operations and the
timing of selected events may differ materially from the results
predicted, and any reported results should not be considered as an
indication of future performance. Such statements are necessarily
based on assumptions and estimates and are subject to various risks
and uncertainties, including those relating to the possible
invalidity of the underlying assumptions and estimates and possible
changes or developments in economic, business, industry, market,
legal and regulatory circumstances and conditions and actions taken
or omitted to be taken by third parties, including customers,
suppliers, business partners, agents, potential licensees,
competitors and legislative, judicial and other governmental
authorities and officials. Factors that could cause or contribute
to such differences include, but are not limited to: unexpected
outcomes with respect to intellectual property enforcement actions,
claims of intellectual property infringement and general
intellectual property litigation; our ability to maintain, develop,
monetize and protect our patent portfolio for both MMR's health IT
and biotechnology intellectual property assets in the U.S. and
internationally; the timing of milestone payments in connection
with licensing our intellectual property; our ability to establish
and maintain strategic relationships; changes in our relationships
with our licensees; the risk MMR's products are not adopted or
viewed favorably by the healthcare community and consumer retail
market; business prospects, results of operations or financial
condition; risks related to the current uncertainty and instability
in financial and lending markets, including global economic
uncertainties; the timing and volume of sales and installations;
the length of sales cycles and the installation process; the
market's acceptance of new product and service introductions;
competitive product offerings and promotions; changes in government
laws and regulations including the 2009 HITECH Act and changes in
Meaningful Use and the 2010 Affordable Care Act; future changes in
tax legislation and initiatives in the healthcare industry;
undetected errors in our products; the possibility of interruption
at our data centers; risks related to third party vendors; risks
related to obtaining and integrating third-party licensed
technology; risks related to a security breach by third parties;
risks associated with recruitment and retention of key personnel;
other litigation matters; uncertainties associated with doing
business internationally across borders and territories; and
additional risks discussed in MMR's filings with the Securities and
Exchange Commission. MMR is providing this information as of the
date of this release and, except as required by applicable law,
does not undertake any obligation to update any forward-looking
statements contained in this release as a result of new
information, future events or otherwise.
CONTACTS: Michael Selsman Public Communications Co.
ms@publiccommunications.biz (310) 922-7033
Frank Finn Compass Express ffinn2@compassmail.com