Contact Information: CONTACT: Bobbie Volman MMR Information Systems, Inc. (310) 476-7002, Ext. 2005 bvolman@mmrmail.com Michael Selsman Public Communications Co. (310) 553-5732 ms@publiccommunications.biz
MMR Information Systems and Unis-Tonghe Plan Integration of MMR PHR and MMRPro in Development Project to Market Throughout China
Companies Sign Memorandum of Understanding, Talks Scheduled to Begin November 9 in China
| Source: MMR Information Systems, Inc.
LOS ANGELES, CA--(Marketwire - October 15, 2009) - MMR Information Systems, Inc. (OTCBB : MMRF )
("MMR") and Unis-Tonghe Technology (Zhengzhou) Co., Ltd. ("UNIS"),
announced today that the companies have entered into a Memorandum of
Understanding ("MOU") and plan to sign a Master Agreement by December 15,
2009. MMR, through its wholly-owned operating subsidiary, MyMedicalRecords,
Inc., is a provider of consumer-controlled Personal Health Records ("PHRs")
(www.mymedicalrecords.com) and has recently launched its MMRPro electronic
document management system for physicians. UNIS is a subsidiary of
Unisplendour Corporation Limited (SHE: 00938) (www.unis.cn), one of China's
leading IT firms employing more than 25,000 people. UNIS plans to market
the MyMedicalRecords Personal Health Record throughout their channels, and
plans to integrate the MMR PHR and MMRPro in their medical records
development project for China's healthcare market.
Under the MOU, both organizations will create a joint Marketing, Licensing
and/or Revenue Sharing Agreement that will allow MMR to utilize the UNIS
Cloud Computing Platform and facilitate UNIS' offering of the MMR
technology to the Ministry of Health and other government, financial, legal
and medical entities in China. MMR and UNIS will assemble commercial and
technology teams from each company to both identify the opportunity to
bring MMR's proprietary, patent-pending technology into China, and to
facilitate the necessary integration and development to enable UNIS to
market the MMR technology in China.
MMR Information Systems' Chairman and CEO Robert H. Lorsch and Minoo
Dastur, COO and Director of Nihilent, MMR's technology partner, are
scheduled to begin meetings with UNIS senior executives in Beijing next
month to conclude a definitive agreement by year-end.
Following the meetings with UNIS, Lorsch is scheduled to visit with
numerous Academic Institutions and Biotechnology Research Centers in both
Beijing and Shanghai regarding the continued development of the Company's
Anti-CD20 Antibody Patented Technologies. The meetings will be coordinated
by MMR's strategic partner, GRSworldwide (www.grs-cro.com).
About MMR Information Systems, Inc.
MMR Information Systems, Inc., through its wholly-owned operating
subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use
online Personal Health Records ("PHRs") and electronic safe deposit box
storage solutions, serving consumers, healthcare professionals, employers,
insurance companies, unions and professional organizations and affinity
groups. MyMedicalRecords enables individuals and families to access their
medical records and other important documents, such as birth certificates,
passports, insurance
policies and wills anytime from anywhere using the Internet. The
MyMedicalRecords Personal Health Record is built on proprietary,
patent-pending technologies to allow documents, images and voicemail
messages to be transmitted and stored in the system using a variety of
methods, including fax, phone, or file upload without relying on any
specific electronic medical record platform to populate a user's account.
The Company's newest offering, MMRPro, is designed to give physicians'
offices an easy and cost-effective solution to digitizing paper-based
medical records and sharing them with patients. MMR is an Independent
Software Vendor Partner with Kodak to deliver an integrated turnkey EMR
solution for small to mid-size physician practices. MMR clients include
AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The
Latino Coalition, MedicAlert, NRA, Qvisory, XN Financial and others. MMR is
also an integrated service provider on Google Health. To learn more about
MMR Information Systems, Inc. visit www.mmrinformationsystems.com.
About Unis-Tonghe Technology (Zhengzhou) Co., Ltd.
Unisplendour Corporation Limited www.unis.cn is principally involved in the
production and distribution of information and electronic products, as well
as the provision of information technology (IT) services. The Company's
businesses could be divided into five segments: information products
segment, software integration segment, digital products distribution
segment, communication technology segment and intelligent transportation
segment. As of December 31, 2008, the Company had one wholly owned
subsidiary and three partially owned subsidiaries including Unis-Tonghe
www.unis-th.com. Unisplendour Corporation Limited is traded in China under
the symbol SHE:000938.
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Systems, Inc.'s reasonable expectations as of the date of this press
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results to differ materially from current expectations, as detailed from
time to time in MMR Information Systems, Inc.'s public filings with the
U.S. Securities and Exchange Commission.