MMRGlobal, Inc. (OTCQB: MMRF) today announced it has filed a Form
8-K regarding the signing of another royalty-based licensing
agreement. On December 17, 2012, MyMedicalRecords, Inc. ("MMR")
signed a Non-Exclusive Patent License Agreement with Healthcare
Holdings Group, Inc. ("HCH"), the parent of Access My Records,
Inc., to license the U.S. rights for the health IT patents owned by
MyMedicalRecords, Inc. These include but are not limited to U.S.
Patent Numbers 8,321,240; 8,301,466; 8,117,045; 8,117,646; and
8,121,855, as well as any other health IT patents to be issued
pursuant to pending applications filed by MyMedicalRecords in the
United States and all divisions, continuations, reissues, and
extensions (the "MMR Patents"). The initial term of the Agreement
is five years and automatically renews to the expiration date of
the last licensed patent to expire, which currently in the U.S. is
twenty years from the date of filing. MMRGlobal is a leading
provider of Personal Health Records (PHRs) including its
MyMedicalRecords.com PHR and MMRPro document management and imaging
systems for healthcare professionals.
According to Robert H. Lorsch, MMRGlobal Chairman and CEO, "We
are pleased that we have been able to announce royalty-based
license agreements with EHR vendors, surgery centers, and now a PHR
vendor, in addition to entering into relationships with retailers
and others as a direct result of the Company's patented IP in our
products and services. As a result of recently issued patents and
Notices of Allowance, we are continuing to discuss other licensing
relationships with hospitals, physician groups, retail pharmacies,
patient monitoring and telemedicine service providers and
laboratories, as well as other software and equipment vendors in
the healthcare and wellness markets."
Healthcare Holdings Group, Inc. is a comprehensive Electronic
Health Record systems provider. HCH's solutions are designed for
General Practice and Chiropractic disciplines. The company's
software systems include ChartZoneMD, an EHR cloud-based software
solution, and SmartFormsMD, a Voice Recognition Medical Dictionary
module. HCH, through its wholly-owned operating subsidiary, Access
My Records, Inc., provides the AccessMyRecords.com Personal Health
Record and a free-standing Patient Portal designed to seamlessly
connect to any EHR system.
"We have been following MyMedicalRecords' efforts to provide
untethered standardized solutions to how patients share medical
information with their doctors," said Leonard Tambasco, Chairman
and CEO of Healthcare Holdings Group, Inc. "In spite of the fact
that our two companies regularly compete in the marketplace, we
recognize the importance of MMR's Patent Portfolio as we approach
requirements under the HITECH Act mandating the use of Personal
Health Records and Patient Portals by 2014. Therefore, for the
benefit of our clients and shareholders, we have made the decision
to license the technology at this time. Although we approach the
market differently, we both have a mission to provide seamless
connectivity between patients and physicians. The Agreement with
MMR is consistent with HCH's position to enhance and support
industry-wide standardization efforts. HCH will launch its MU-1
compliant EHR at HIMSS13."
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, 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 in real
time 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.
About Healthcare Holdings Group, Inc.
Healthcare Holdings Group, Inc. (HCH) provides the Electronic
Health Records (EHR) software suite, ChartZoneMD, designed to give
physicians' offices an easy and cost-effective cloud-based practice
management solution. ChartZoneMD's suite of applications, tools,
and technology allow clinicians to seamlessly transit from paper
charts to the recently mandated Meaningful Use EHR format and
reporting styles. In addition, HCH has developed SmartFormsMD, a
free-standing, time-saving, error-reducing, customizable, medical
voice-command module complete with medical dictionary integration
and specialty accommodation. The ChartZoneMD Software Suite enables
real-time sharing of medical records with patients via the Access
My Records integrated patient-portal module. For more information,
visit www.healthcareholdingsgroup.com.
Forward-Looking Statements
All statements in this press release that are not strictly
historical in nature including, without limitation, 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 the Company'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. 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, 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: actual or
unexpected outcomes with respect to intellectual property
enforcement actions, claims of intellectual property infringement
and general intellectual property litigation or licensing
transactions; our ability to maintain, develop, monetize and
protect our patent portfolio for both the Company's health IT and
biotechnology intellectual property assets in the U.S. and
internationally; our ability to establish and maintain strategic
relationships; changes in our relationships with our licensees; the
risk the Company'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 and
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 the Company's filings with the
Securities and Exchange Commission. The Company 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.
CONTACT: Michael Selsman Public Communications Co. (310)
922-7033 ms@publiccommunications.biz