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MMR Information Systems and Unis-Tonghe Plan Integration of MMR PHR and MMRPro in Development Project to Market Throughout China
| Company News - MyMedicalRecords, Inc. |
Companies Sign Memorandum of Understanding, Talks Scheduled to Begin November 9 in China
MMR Information Systems , Inc. (OTCBB: MMRF) ("MMR") and Unis-Tonghe Technology (Zhengzhou) Co., Ltd. ("UNIS"), announced 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. 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.
Source: MyMedicalRecords
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