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Company Adjusts Outlook for 2011 Upward

Patient Access Solutions , Inc. , a provider of healthcare technology and financial processing solutions for the healthcare and home care industry has recently executed agreements with new channels and has adjusted its 2011 income projections upward as follows:

The company's recent announcement with Sandata, a market leading solutions provider for the home healthcare industry exposes over 100,000 potential users of the company's Mobipen System. An extremely conservative business case of 7.5% market penetration provides gross annual revenue estimates of $4.9MM. All product market surveys represent a higher level of adoption.

Patient Access Solutions made an announcement with Imedicor on August 16, 2010. Jointly the partnership has developed an opportunity that will provide income outside of the previously announced $1MM and has adjusted the total estimated channel revenue to $4.3MM over the next 3 years with $600k per year of recurring revenue.

Finally, the company's investment in the petroleum remediation company is expected to provide additional revenues in excess of $1.5MM over the initial first year of the agreement.

"We are continually focused on working and developing our sales pipeline to build PAS in all aspects of our core business." Stated Bruce Weitzberg CEO, Patient Access Solutions Inc., "These contracts will provide both growth within established business segments as well as vertical opportunities for the company in other industries."

Source: Patient Access Solutions , Inc.