VisualMED Provides Quarterly and Year End Revenue Guidance
06 Juli 2011 - 4:32PM
Marketwired
VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS:
VMCS) (FRANKFURT: VA6.F) announces today that it is expecting its
revenues for the quarter ended June 30th, 2011 to rise to an amount
between $890,000 and $965,000. This constitutes the most revenue in
a single quarter in more than four years and represents a
significant increase from the same quarter a year ago. These banner
figures do allow the Company to provide further guidance regarding
year end revenues for the entire exercise which is expected to
reach as much as $1.2M to $1.3M.
Final year end results will be released during the last week of
August. The Company is planning to hold a conference call
immediately after filing 2011 year end results. This conference
will be open to all investors and will address the 2011 financial
results. Contact information will be provided on company
website.
Company Chairman, Mr. Gerard Dab attributes the rising revenue
trend to early adopters who desire to move forward ahead of the
curve in seeking advanced medical informatics. The administration
has been particularly proactive in pushing for better quality of
healthcare delivery to patients in American healthcare facilities.
For the first time general market conditions appear to favor the
kind of advanced medical technology VisualMED offers.
ABOUT VISUALMED VisualMED markets smart
Clinical Information Systems (CIS) with EHR and Computerized
Physician Order Entry that are at the core of the new regulatory
environment ushered in by the American Recovery and Reinvestment
Act of 2009 and the Health Reform Act of 2010. We offer medical
facilities and physicians a broad array of clinical applications
with rich embedded clinical data, both scalable and interoperable,
and whose high level of usability has been tested by over one
thousand clinicians over many years in tertiary care and ambulatory
environments. Our solutions help medical facilities increase
provider efficiency, bring down operating costs, demonstrate
meaningful use for ARRA grants and subsidies, and reduce mortality
and morbidity. The Company's Suites of Medical Solutions operate on
state of the art proprietary software platforms with advanced
analytical capabilities provided by Visual Healthcare Corp. (NASDAQ
OTC: VSHC).
Detailed information on our company and its products is
available on our web site at www.visualmedsolutions.com
FORWARD-LOOKING STATEMENTS Except for historical information
provided herein, this press release may contain information and
statements of a forward-looking nature concerning the future
performance of the Company. These statements are based on
suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include,
without excluding other considerations, fluctuations in quarterly
results, evolution in customer demand for the Company's products
and services, the impact of price pressures exerted by competitors,
and general market trends or economic changes. As a result, readers
are advised that actual results may differ from expected
results.
For further information, please contact: FREDERICK BERLIN SALES
MANAGER TEL: 514 836 1212 or 514 582 5220
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