Medworxx Appoints IRonside Investor Relations Inc. as Investor Relations and Financial PR Firm
March 17 2008 - 8:30AM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: MWX), a Canadian leader in
knowledge management systems for hospitals, today announced that it
has appointed IRonside Investor Relations Inc. ("IRonsideIR"), an
independent Toronto-based corporate communications firm, to provide
it with investor relations and financial public relations
services.
IRonsideIR's investor relations team will implement a strategic
outreach program to increase awareness of Medworxx's
healthcare-focused technology platform, using IRonsideIR's
proprietary database of portfolio managers, analysts, and
investors. Medworxx will pay approximately $3,000 per month and
issue to IronsideIR 150,000 options, each option entitling the
holder to acquire one Class A Common Share of Medworxx at an
exercise price of $0.19 per share for a term of 12 months. One
quarter of the options so granted will vest every three months
following the date of being granted. The term of the appointment is
for four months, and if the term is renewed, additional options may
be granted at that time.
"IRonsideIR is excited to be working with Medworxx," said Robin
Sundstrom, President of IRonside Investor Relations Inc. "Their
technology platform and their targeted approach to the healthcare
industry make them uniquely appealing."
"Medworxx makes a strategic platform that hospitals use to
communicate, aggregate, and analyze knowledge. Our most recent
addition to this platform, the Emergency Readiness System (ERS), is
at the beginning of its sales ramp," said Dan Matlow, President
& CEO, Medworxx. "We are looking forward to working with
IRonsideIR to build investor awareness of not only our platform but
our company and its potential."
About IRonsideIR:
IRonsideIR is a full-service communications firm operating from
an investor relations perspective. IRonsideIR is focused on two
things: raising the profiles of its corporate clients, and
providing a solid return on investment.
About Medworxx:
Medworxx, the makers of strategic software platforms that
hospitals use to communicate, aggregate, and analyze knowledge, has
been capturing the power of hospital knowledge since 2004.
Medworxx' products are used by more than 200,000 users at over 150
hospitals across North America. Headquartered in Toronto, Ontario,
Medworxx trades on the Toronto Venture Exchange under the symbol
MWX.
Medworxx: our market is healthcare, our vertical is
knowledge.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. Often,
but not always, forward-looking statements can be identified by the
use of words such as "plans", "expects" or "does not expect", "is
expected", "estimates", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Medworxx to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements, such as costs of sales,
general economic conditions, the success of marketing and
competition from competing suppliers and businesses. Actual results
and developments are likely to differ, and may differ materially,
from those expressed or implied by the forward-looking statements
contained in this press release. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Medworxx Solutions Inc. Susan Gershman EVP Operations
& Marketing (416) 642-1278 x320 Email: sgershman@medworxx.com
Website: www.medworxx.com IRonside Investor Relations Inc. Robin
Sundstrom President (416) 368-8770 x223 Email: robin@ironsideir.com
Website: www.ironsideir.com
Mineworx Technologies (TSXV:MWX)
Historical Stock Chart
From Sep 2024 to Oct 2024
Mineworx Technologies (TSXV:MWX)
Historical Stock Chart
From Oct 2023 to Oct 2024