Medify Solutions Limited - CEO Initial Assessment Statement
Gateshead, England (ots/PRNewswire)
From the 1st July 2006 Ian O'Reilly was appointed the Group CEO of the Medify Solutions (OTC: MFYS) group of companies. One month into the role, O'Reilly provides the following assessment as to the state of the business.
"It has been obvious from the outset of my involvement with Medify that massive potential exists for the Company, the products and this emerging market. Having now been actively involved in the past month, nothing I have uncovered is contrary to that viewpoint. Whilst for my leadership of the management team it is relatively early days, the past month has seen the resolution of a number of historic and long overdue issues. This has enabled the move of the business onto a more sound commercial, administrative, delivery and operational footing.
"As with all businesses at this stage of development, Medify have a long journey ahead, however, I am confident that we now have a clear and achievable route plan to the delivery of the short term and strategic goals that Medify must achieve. We remain on plan to deliver to the UK NHS for the first week of September and the move to an in-house based product suite is progressing to plan. All key strategic partners continue to be engaged on the Medify routes to market, with a number of new relationships to be announced in due course."
Pertinent to the announced go live date, preparation for the MedifyRemote roll out is under way as shown by the Medify Solutions feature in the Summer 2006 edition of the National Association of Primary Care Review national publication. Full report on this article can be seen on the home page at www.medifysolutions.com or a copy of the full review can be obtained via www.napc-review.co.uk.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Medify Solutions Limited, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Company website: www.medifysolutions.com
Contact:
For further information: press@medifysolutions.com