ZoomMed Enters Into an Exclusive Agreement to Acquire Praxis Sante Inc.
19 Janvier 2011 - 2:00PM
Marketwired
ZoomMed Inc. (TSX VENTURE: ZMD), is pleased to announce it has
entered into an exclusive agreement to acquire the total equity of
PRAXIS SANTE INC., a supplier of Web IT solutions for community
pharmacies.
"We have been targeting this young enterprise that distinguishes
itself by its technologically innovative web applications for
pharmacists, which are similar and fully compatible with those we
have developed ourselves, such as our ZRx Prescriber for
physicians" declares Yves Marmet, president and CEO of ZoomMed
Inc.
This acquisition will contribute to consolidate and add value to
ZoomMed's e-Pic communication network between physicians and
pharmacists. Furthermore, it will broaden the scope of its network,
a powerful intercommunication tool between pharmaceutical
companies, physicians and now...pharmacists.
At a time where the different Healthcare networks in
North-America are looking for state of the art solutions to
optimize collaboration and information exchanges between Health
Professionals, ZoomMed can now capitalize on a powerful application
portfolio that will allow it to bring a significant contribution
towards the fulfillment of those objectives. One of the principal
causes of problems that physicians and pharmacists have in adhering
to major governmental Electronic Medical Record type projects
pertain to their own outdated applications and technology.
ZoomMed's solutions are state of the art Web based applications.
They are not only very user friendly to health care professionals,
but can easily be interfaced with different private initiatives and
Government projects, without the risk of disturbing their own IT
operations.
Consequently, this acquisition enables ZoomMed to diversify and
consolidate its position in the Canadian Healthcare network,
concurrently to its recent announcement regarding the launching and
penetration of the important American Market.
ZoomMed's offer to acquire Praxis Sante Inc. is conditional to
the execution of few other conditions before closing, such as a due
diligence. For that matter, ZoomMed has appointed Avenue Capital
Markets Inc.
About ZoomMed
ZoomMed's developed the ZRx Prescriber, a technological
innovative Web application that enables physicians to use a
wireless device, such as the IPod Touch™, IPhone™, IPad™, Google
Android™, other PDA's or computers, to write and rapidly deliver
scripts. The ZRx Prescriber is quick, efficient and intuitive.
Since it is a stand-alone product, it can easily be integrated to
any Electronic Medical Record application (EMR).
About Praxis Sante
PraxisLab is a new application that enhances all aspects of the
prescription filling process and the complete pharmacists patient
file management. Fast, efficient and user friendly, its unique
development concept provides a fast access to all its
functionalities, thus allowing its users to be productive with a
minimum training. PraxisLab uses state-of-the-art protocols and
up-to-date software standards, allowing high compatibility with
existing software, as well as new generation software.
For further information about Praxis Sante Inc., please visit
the Web Site; www.praxissante.com
The TSX Venture Exchange does not assume any responsibility for
the adequacy or accuracy of this press release.
Contacts: ZoomMed Mr. Yves Marmet President and Chief Executive
Officer 450-678-5457, Ext 228 info@zoommed.com www.zoommed.com
Zoommed (TSXV:ZMD)
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