Robert H. Lorsch Chairman & CEO MMR Information Systems, Inc.MMR Information Systems, Inc. is the parent of MyMedicalRecords, Inc., which provides consumer-controlled Personal Health Records (www.mymedicalrecords.com) and electronic safe deposit box storage solutions (www.myesafedepositbox.com). Forward-Looking Statements Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements. MMR Information Systems, Inc. disclaims any intent or obligation to update any forward-looking statements. These forward-looking statements are based on MMR Information Systems, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related to changes in MMR Information Systems, Inc.'s relationship with its strategic and joint venture partners, its business prospects, results of operations or financial condition, and such other risks and uncertainties as detailed from time to time in MMR Information Systems, Inc.'s public filings with the U.S. Securities and Exchange Commission.
MMR Information Systems' Global Strategy for the Future
A Letter to the Shareholders of MMR Information Systems, Inc.
| Source: MMR Information Systems, Inc.
LOS ANGELES, CA--(Marketwire - February 12, 2010) - MMR Information Systems, Inc. (OTCBB : MMRF )
Dear Shareholder:
As we go into the long Valentine's and Presidents Day holiday weekend, I
want to take this opportunity to express MMR Information Systems'
appreciation for your support as we mark our first anniversary as a public
company. Time goes fast when you are committed to a vision.
As many of you are aware through our press releases and investor calls, MMR
is going global. For example, after my last visit to China, we signed a
Joint Venture Agreement with Unis-Tonghe Technology, a division of Tsinghua
Holdings Co., Ltd. Since that time, our joint venture technology team has
already translated a version of our MyMedicalRecords Personal
Health Record into Chinese. Last month, it was a centerpiece of a
presentation to government officials in Zhengzhou, a Prefecture-Level city
and one of the largest economic centers in China. This comes at a time
when the People's Republic of China is embarking on an aggressive
healthcare modernization program where they are expected to spend as much
as 180 billion RMB to create a fully electronic predictive health
information network.
I am now planning a visit to India as early as this summer. This is in
response to a request made to MMR through our technology partner Nihilent
to present MMRPro to government officials and hospital administrators.
India, like China, has a population in excess of one billion people, and
they too are planning on modernizing their healthcare system using health
information technologies.
We are also in discussions to offer our services in Central America, South
America, South Africa and throughout Europe. Our proprietary products that
include MyMedicalRecords.com, MMRPro, MMRPatientView and MyEsafeDepositBox offer
solutions that enable healthcare professionals, banks and insurance
companies to better communicate with the clients and patients they serve
globally using MMR technologies that are accessible anywhere in the world.
We have also been very busy in the U.S. market. Earlier this month, we
launched the MMRPro document management platform to a network of resellers
and distributors at the Kodak Executive Summit (KES) in San Antonio, Texas.
No one won MMR's first million dollar hole in one at the KES Open Golf
Tournament, however, one attendee shot within 15 feet of the hole.
During the Kodak Executive Summit, the MMR sales team made more than 80
presentations and "hands-on demonstrations" to reseller and distributor
organizations with more than 1,000 sales people that routinely call on the
healthcare vertical market throughout the Americas. The demonstrations
included the scanning of thousands of patient documents into multiple
physician accounts. They were performed on a specially configured MMRPro
version of the newly released Kodak Scan Station 520, which MMR will
identify as the 520MDPro system. The package includes a complete end-to-end
document and patient record chart management system for healthcare
professionals. Kodak resellers will now be trained to sell MMRPro
solutions.
On March 1 through 4 in Atlanta, MMR will have its largest presence ever at
the HIMSS 2010 Annual Conference & Exhibition (www.himssconference.org)
with an 800 sq. ft. booth. Hosted by the Healthcare Information and
Management Systems Society at the Georgia World Congress Center, this is
among the largest and most respected health IT shows in the world. MMR will
introduce a completely redesigned Personal Health Record for the
MyMedicalRecords PHR and present MMRPro to an international audience of
tens of thousands of attendees, which include hospital administrators,
physicians, government representatives, the military, financial analysts,
institutional investors and other healthcare professionals.
We will publicize MMR's presence to the worldwide media covering HIMSS
2010, in conjunction with the appearance of our Advisory Board members,
Astronaut Buzz Aldrin, former U.S. Congressman and House Majority Leader,
Richard A. Gephardt, former U.S. Congressman and the first Under Secretary
of Homeland Security, Asa Hutchinson, and former Administrator of the U.S.
Small Business Administration, Hector V. Barreto.
The entire MMR team thanks you for your support during what has been an
exciting first year as a public company in an industry that is at the
forefront of the national and international healthcare agenda.
Very truly yours,