Contact Information: Contact: digiMedical Solutions, Inc. Investor Relations ir@digimedical.com 214-722-3029
digiMedical Solutions, Inc.(TM) Signs Contract With Dr. David R. Axline Increasing Regional Footprint and Supporting 2008 $10 Million Revenue Goal
Contract Follows Other Recent Regional Contracts With Collier Heart Group's Dr. Santos-Ocampo, Vanish Vein and Laser Center Medical Director and the Neuroscience and Spine Associates' Dr. Wey
| Source: digiMedical Solutions, Inc.
COLLEYVILLE, TX--(Marketwire - April 3, 2008) - digiMedical Solutions, Inc. (PINKSHEETS : DGMS ) announced today that the Company has signed a contract with Dr. David
R. Axline in Naples, Florida, to implement the digiRX system and digiReauth
call center services. Dr. Axline is a Fellow of the American College of
Cardiology and is part of the Collier Heart Group, a high traffic
three-physician practice located in Naples, Florida offering comprehensive
cardiology care to nearly 100 patients a day.
The digiRX and digiReauth systems and services will provide digital
prescription handling for Dr. Axline's office and will take over the
prescription reauthorization processing and refill management services.
This contract follows digiMedical's recent announcement of increasing the
sales team in the Naples and Fort Myers, Florida, markets to expand the
Company's regional footprint and support the Company's $10 million 2008
revenue goal. The Company has also announced other recent contracts with
Dr. Santos-Ocampo, also of the Collier Heart Group, the Medical Director of
Vanish Vein and Laser Center and Dr. Wey of the Neuroscience and Spine
Associates in Naples, Florida.
digiMedical has seen an immediate increase in call volume for prescription
reauthorizations since adding these recent contracts. David Lee,
digiMedical CEO, stated, "We are very pleased with the quick results we
have seen from increasing our sales team in the Naples and Fort Meyers
markets. Not only have we recently added several new doctors, we have also
seen a significant increase in prescription reauthorizations with an over
200% call volume increase in our digiReauth center. Each new doctor can
add hundreds of patients to our network who in turn drive our prescription
sales and company revenue."
digiMedical Prescription Handling Software and Pharmacies
digiMedical Solutions, a Microsoft Partner, with operations in Texas and
Florida, has built its own suite of proprietary software to handle
prescriptions digitally from the physician's office to the pharmacy,
securely and in compliance with all DEA and HIPAA requirements. The suite
of software includes digiRX, digiRxStream, digiReauth, digiRxComp, and now
digiAccounting and the Company owns and operates five pharmacies throughout
Texas and Florida.
Company Information and Updates
To be added to digiMedical's corporate e-mail list for shareholders and
interested investors or to receive more information on the company, please
send an e-mail to ir@digimedical.com.
About Collier Heart Group (www.collierheartgroup.com)
Collier Heart Group is a comprehensive three-physician practice located in
Naples, Florida. Collier Group cardiology practice maintains offices in
Naples and Bonita Springs, Florida and is board certified in internal
medicine, cardiology, nuclear cardiology and interventional cardiology.
About digiMedical Solutions, Inc.
digiMedical Solutions, Inc. (http://www.digimedical.com) is a pharmacy and
medical technology company focused on developing next generation digital
medical technology with an emphasis on digital prescriptions
(d-Prescriptions) that will more closely align the doctor, pharmacist and
patient. The company's planned growth will come from three channels: direct
marketing of the company's wireless base d-prescription technology to
doctors, acquisition of independent pharmacy chains and the sale of certain
territories to "market partners" licensed to exploit the digiMedical
Solutions model. digiMedical Solutions, Inc. currently owns and operates
five (5) pharmacies located in Texas and Florida. digiMedical Solutions'
unique business model brings doctor, patients and pharmacies into next
generation medical technologies.
Forward-Looking Statement
Statements included in this press release which are not historical in
nature, are intended to be, and are hereby identified as "Forward-Looking
Statements" for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward Looking Statements may
be identified by words including "anticipate," "await," "envision,"
"foresee," "aim at," "believe," "intends," "estimates" including without
limitation, those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual results
to differ materially from those indicated in the Forward-Looking
Statements. Readers are directed to the company's filings with the U.S.
Securities and Exchange Commission for additional information and a
presentation of the risks and uncertainties that may affect the company's
business and results of operations.