MediSwipe Inc. Announces First Agreements and Installations for Company's MediSwipe DMS - Digital Patient Management and Tracking Software for Dispensaries, Provisional Centers and Caregivers in Michigan


LOS ANGELES, April 4, 2013 (GLOBE NEWSWIRE) -- MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP), a patient security solutions and financial products company for the medicinal marijuana and health care industry, today announced the first agreements for installation of the MediSwipe DMS, a proprietary digital patient management and tracking software application developed for the medicinal marijuana sector. The MediSwipe DMS will be installed in the first three dispensaries/provisional centers in the state of Michigan starting today. An additional two centers also under agreement in Ann Arbor will install the MediSwipe software by end week. The MediSwipe DMS application includes patient registration, digital records management and tracking of all caregiver transactions including log-in time, date stamp and quantity and type of medication. Users under agreement will pay monthly licensing fees for access to the program.

"There has been much anticipation for the release of our patient and caregiver solution within the state, and we are extremely pleased with the feedback that we have gotten from veterans of this industry, medical professionals and government officials. After last week's information from Colorado that even one of the most progressive states in this sector has not yet settled on a patient tracking and revenue system for this industry, we see a huge opportunity in front of us and realize what is at stake. The MediSwipe DMS will prove to be the leading solution having the ability to track 'seed to sale.' Additional features include but are not limited to: storing data on what physician initially certified a patient, caregiver history and link to the patient, and most important-monitoring the quality and quantity of medicine given to a patient and their progress by authentication log-in. We expect to have between 8,000 and 10,000 patients scanned into the system by this month with current interest and several additional operations presently in talks with us. This model will be the first in the sector to link certification, testing, caregiver dispensing of medication and the tracking of the patients progress of their on-going wellness and health. Those operations seeking a demo of the MediSwipe DMS may contact the Company directly at info@mediswipe.com," stated B. Michael Friedman, CEO for MediSwipe.

About MediSwipe Inc.

MediSwipe Inc. (www.MediSwipe.com) provides innovative patient solutions for electronically processing transactions within the healthcare industry. MediSwipe provides terminal-based service packages and integrated Web Portal add-ons for physicians, clinics, hospitals and medical dispensaries that include: digital patient records, Electronic Referrals, Credit/Debit Card merchant services, Check Guarantee and elective surgery financing.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.


            

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