RENO, Nev., Aug. 29, 2005 (PRIMEZONE) -- ICM Telecommunications, Inc. (Pink Sheets:ICMH), in collaboration with My Medical CD, Ltd. (Pink Sheets:MYMC), today announced it will begin offering ICM debit card customers a value added product that will enable them to have their emergency medical information immediately at hand wherever they are. The company anticipates the program will generate several million dollars a year in incremental revenue in its first full year of operation.
"This will provide a unique benefit to all of our customers, and will assure, in cases of medical emergencies, that their physicians will have the most up-to-date and accurate medical information. This is critical for emergencies and routine medical procedures alike," said ICM Telecom President and CEO Doug Hamby.
"In partnership with My Medical CD, through our card distribution network we will be able to make available, on an immediate basis, a person's medical history," Hamby continued.
"Through this program, emergency medical personnel are able to view the patient's medical information and other physician generated documents. Additionally, clients can send physicians' notes, lab tests, test results and other important papers to all of their treating doctors, so each physician has the full picture of the person's medical condition," said Jim Hogan, President of My Medical CD. "We are pleased to provide this important medical service to ICM's customers."
Randall Goulding, Managing Director of The Nutmeg Group, L.L.C. said, "We are pleased to bring these extremely promising companies together. Each is a portfolio company of The Nutmeg Group. In facilitating this promising joint venture, The Nutmeg Group brings revenues to each company and authenticates their respective technologies. This approach is consistent with our philosophy of being a value-added investor. We do far more than bring money to the table. We are always cognizant of facilitating strategic relationships that aid portfolio companies in achieving milestone events. This is a prime example of this strategy and its deployment."
About My Medical CD:
My Medical CD, Ltd., www.mymedicalcd.com , produces and markets an interactive mini CD that contains a personal medical history encoded on the CD. The size enables it to be carried in the wallet, pocket, or purse. Benefits of the CD include: it can be read in seconds by emergency personnel, eliminates guesswork in treatment, reduces the possibility of long-term complications from emergency treatment, acts as a gateway to a database that contains the patient's entire file with important up-dates of events that took place after they received their CD, and enables the attending physician to have the patient's most recent records at his disposal.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. Such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.