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LOS ANGELES, Feb. 26 /PRNewswire-FirstCall/ -- MMR Information Systems, Inc. (OTC Bulletin Board: FVRL), which through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (collectively, "MMR") provides consumer-controlled Personal Health Records ("PHRs") (www.mymedicalrecords.com) and electronic safe deposit box storage solutions (www.myesafedepositbox.com), announced it has retained investment banking firm Houlihan Smith & Co. to provide financial advisory services.
"We are very excited about the opportunities to deliver a premier Personal Health Record platform that integrates with hospitals, physicians and other healthcare providers, and the working relationship with Houlihan Smith will help MMR meet the challenges necessary to compete in this growing marketplace," said Robert H. Lorsch, Chairman and CEO of MMR Information Systems, Inc. "With our nation's efforts to reform and invigorate the U.S. healthcare system, we believe our flagship product, the MyMedicalRecords PHR, available at www.mymedicalrecords.com, and the expected launch by the fourth quarter of 2009 of our MyMedicalRecords Pro service, gives patients and healthcare professionals an easy-to-use, cost-efficient solution to meet the healthcare technology objectives of the economic stimulus."
Joseph Lunkes, Senior Managing Director at Houlihan Smith stated, "MMR's Personal Health Record system is designed to appeal to both individual patients and physician practitioners. It addresses the growing interest in organizing consumer health information and the new administration's commitment to reforming the healthcare system. We believe in the strength of this business plan and look forward to lending our financial experience and expertise to the company's management
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