digiMedical Solutions, Inc. Announces the Sale of Three Pharmacies to Executive Health Care; Sales Commissions on digiRX Prescri
August 13 2008 - 10:54AM
Marketwired
As part of the Company's transition from a pharmacy company to a
digital medical software company, digiMedical Solutions, Inc.
(PINKSHEETS: DGMS) has completed the sale of three of its
Harrington's Acquisitions Inc.'s pharmacies, two located in Dallas,
Texas, and one located in Ft. Meyers, Florida, to Executive Health
Care of Wyoming. digiMedical is not selling the Company's
proprietary digital prescription handling software. Instead,
digiMedical will receive transaction based sales commissions for
every prescription that is fulfilled using digiRX software or
digiReauth call center services currently in use at these three
pharmacies and surrounding physician offices and clinics.
digiMedical is transitioning its business to focus on its suite
of proprietary software and reauthorization call center services
provided to doctors and pharmacies as the Company continues to grow
its ecommerce business model. The company plans to issue updates on
the new business focus in the coming weeks.
digiMedical provides digital prescription handling software that
captures and transmits prescriptions digitally from the physician's
office to the pharmacy, securely and in compliance with all DEA and
HIPAA requirements. The suite of software includes digiRX,
digiRxStream, digiReauth, digiRxComp, and digiAccounting.
Company Updates and Information
To be added to digiMedical's corporate e-mail list for
shareholders and interested investors or to receive information on
the company, please send an e-mail to ir@digimedical.com.
About digiMedical Solutions, Inc.(TM)
digiMedical Solutions, Inc.(TM) (www.digimedical.com) is a
pharmacy and medical technology company focused on developing next
generation digital medical technology with an emphasis on digital
prescriptions (d-Prescriptions) that will more closely align the
doctor, pharmacist and patient. The Company's digital prescription
handling software captures and transmits prescriptions digitally
from the physician's office to the pharmacy, securely and in
compliance with all DEA and HIPAA requirements. The suite of
software includes digiRX, digiRxStream, digiReauth, digiRxComp, and
digiAccounting.
Forward-Looking Statement
Statements included in this press release which are not
historical in nature, are intended to be, and are hereby identified
as "Forward-Looking Statements" for purposes of safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-Looking Statements may be identified by words
including "anticipate," "await," "envision," "foresee," "aim at,"
"believe," "intends," "estimates" including without limitation,
those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the
Forward-Looking Statements. Readers are directed to the company's
filings with the U.S. Securities and Exchange Commission for
additional information and a presentation of the risks and
uncertainties that may affect the company's business and results of
operations.
Contact: digiMedical Solutions, Inc. Investor Relations
ir@digimedical.com 214-722-3029
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