MCLEAN, Va., Aug. 12, 2010 (GLOBE NEWSWIRE) -- Exmovere Holdings, Inc. (www.exmovere.com), a biomedical engineering company, announced that on July 12, 2010, Clinica of Virginia LLC, its wholly owned subsidiary, opened the doors of its first internal medicine and geriatric care medical clinic at Mosby Tower in downtown Fairfax, Virginia. The first priority of this facility is to provide local patients with affordable, quality medical services. At the same time, Clinica's purpose is also to offer patients unique access to Exmovere's biosensor, remote patient monitoring and mobility products.
A photo accompanying this release can be found at: https://www.issuerdirect.com/corporate/mediaroom/69053
Within 6 months, Clinica's staff will be able to observe patient emotional states in the waiting area and examination rooms, monitor patient vital signs remotely and integrate all of these data in patient electronic health records. Exmovere will also develop biofeedback products for exclusive use at Clinica locations, with an emphasis on treating stress, insomnia, incontinence and sexual disorders.
The targeted clientele for Clinica are those with chronic and multiple illnesses, at all socioeconomic levels, who desire healthcare services at a reasonable price. These are the same types of clientele that will ultimately benefit from access to Exmovere's upcoming Telepath Zigbee biosensor wristwatch, the Exmovere Chariot and other proprietary technologies. These products will help doctors and nurses better assess the physical and emotional states of patients, and simultaneously help patients avoid costly medical expenditures.
Recently, Virginia Governor Robert F. McDonnell signed a bill expanding telemedicine coverage for Virginians. The measure makes certain that health insurers will cover and reimburse for healthcare services provided through telemedicine. More information on the bill can be found on Governor McDonnell's website at:
http://www.governor.virginia.gov/news/viewRelease.cfm?id=106
Exmovere's first Clinica location in Fairfax was brought on through the acquisition of the assets of General Medical Clinic, Inc., a clinic previously owned and operated for over 15 years by Dr. Surjit K. Singh. Dr. Singh will be staying on as a physician in the clinic for six months so as to provide a smooth transition for her patients. Woodrow Boyer, the Executive General Manager of Clinica of Virginia LLC, stated, "This flagship clinic is quite representative of what we are trying to achieve by both providing biosensor data and medical care. We will be providing MD and NP concierge services along, with telemedicine, to optimize information flow and also we will conduct open group meetings, informal talks, and training sessions. In this way, we will be able to keep the public informed of diseases, conditions, and new trends in healthcare technology." He went on to say, "I am proud to be working with a corporation that cares about those they serve, and I am humbled to be of service to the Fairfax community in such a beneficial way."
The address of the Clinica location in Fairfax is 10560 Main St., Suite 215, Fairfax, VA 22030. Appointments can be made by calling 571-432-0700. This location offers convenient, free parking and most forms of insurance are accepted.
This first Clinica location will serve as the company's template and "strategic prototype" for the acquisition and build out of multiple medical centers like it throughout Virginia. Given existing changes to the healthcare system and Exmovere's broad and exciting suite of telemedical and mobility products particularly suited to these types of patients, expansion of such centers is a prudent strategic move forward. According to Exmovere CEO David Bychkov, "Each Clinica medical practice will allow for a showcasing of the company's wireless biosensor products and also the collection of human emotion data, which the company believes is a a valuable tool for the medical practice and remote patient monitoring in general." Further, as the footprint of such clinics expands, Clinica of Virginia, as a subsidiary of Exmovere, will generate product buzz and momentum and offer a revenue generating foundation for the company as it monetizes its various product opportunities.
More information on Exmovere's health care products and emotion detection techniques can be found at:
http://www.exmovere.com/healthcare.html.
Clinica of Virginia LLC has found many compelling acquisition targets in Northern Virginia. Many medical clinics have solid customer bases and a broad array of opportunities. However, they are either not being run efficiently, management does not possess the business acumen to capture these opportunities, or the existing owner was comfortable with the status quo. Because of these factors, many medical practice owners are coming to embrace the potential involvement of a corporation. Generally these practitioners would like to continue having an important impact on the ongoing operations but would be willing to allow Clinica of Virginia, and by extension Exmovere, to add its branding, proprietary technologies, automation software, marketing efforts and accounting oversight. This acquisition approach is beneficial for the seller as it adds a greater quality of service to his or her patients, and it is beneficial to Clinica because it allows for the purchase of operational assets at reasonable prices.
The logo for Clinica of Virginia LLC can be found at: https://www.issuerdirect.com/corporate/mediaroom/69052
Exmovere Holdings, Inc. is focused on government and consumer applications for healthcare, mobility, and security and the practical applications of the study of human emotion. Clinica of Virginia, LLC will be a major component of this ongoing effort as the company pushes forward its message that human emotion is a predictor of forward behavior patterns. Further inquiries into the company, its strategic vision for Clinica or any of its innovative products can be directed to the below.
Certain of the above statements contained in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Actual results, events, and circumstances (including future performance, results, and trends) could differ materially from those set forth in such statements due to various factors, risks, and uncertainties, including, but not limited to, risks associated with the company's future growth and operating results, the uncertainty of market acceptance of the company's products, technological change, competitive factors, and general economic conditions. Except as otherwise required to be disclosed in periodic reports required to be filed by companies registered under the Exchange Act by rules of the Securities and Exchange Commission, the company has no duty and undertakes no obligation to update such statements.