Navigation Links
The Quantum Group Files Four Additional Patents
Date:4/17/2008

Company Expands IP Portfolio to Nine Filings, with Additional Applications

Expected

WELLINGTON, Fla., April 17 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (Amex: QGP, QGP.WSA, QGP.WSB) (http://www.QuantumMD.com) announced today that it has filed four additional provisional business process patents with the United States Patent and Trademark Office, adding to the five applications filed and announced in January 2008.

Collectively, these nine patents are considered to be strategic building blocks to the dynamic, multidimensional architecture the Company is constructing to address the communication obstacles the Company believes inherent in the coordination of patient care. Quantum deems that these current obstacles are due to the inability of patients to fully understand their current health analysis and the possible risk factors that affect them. The technology and IP behind the patents are the core components for building a technology platform that will allow doctors to use the latest practice automation to more effectively treat patients and promote wellness. Traditionally, the focus of the medical industry has been on reacting to the immediate, episodic events of a patient, rather than taking a proactive, preventative approach to wellness. A broader predictive medical logistics platform is expected to enrich the science of healthcare by driving unprecedented knowledge through information management, data mining and predictive modeling of trends and causes in a new, unexplored way.

Pete Martinez, Senior Vice President and Chief Technology & Innovations Officer of The Quantum Group, has led the team developing the technology and processes behind these patents. Martinez stated, "These patents represent the foundation of a platform that has the potential to modernize healthcare by simplifying the underlying processes and enhancing the overall quality and cost of care. The Quantum Group provides the fertile ground necessary to implement an automated system that has the power to touch the critical mass of healthcare providers, patients and multiple top tier payers under management."

Martinez added, "We expect to announce the filing of several more patent applications in the coming months that will contribute further to the development and enhancement of this well founded platform."

Noel J. Guillama, President and CEO of The Quantum Group, stated, "The concept of this system, driven by innovative and dynamic processes, continues to be a vital component of the foundation of this Company. We chose to change the status quo. It is exciting to see it coming to the forefront and we believe the results and impact will be dramatic for our Company, our partners and most importantly our patients."

About The Quantum Group, Inc.

The Quantum Group provides business process solutions, service chain management, strategic consulting and leading edge technology innovations to the healthcare industry.

Through our dynamic patient-centric architecture, we empower the communication that is critical for the coordination of care and take aim at the $600 billion inefficiency gap in the United States healthcare industry. We are guided by a mission to develop efficiencies, improve the quality of patient care and achieve cost reductions for the nation's largest and fastest growing industry.

We have developed leading-edge technology with the creation and deployment of a series of innovative patent-pending initiatives. Through 1,900+ healthcare providers and multiple insurance company relationships under management, we are positioned to be a catalyst for change to the Florida healthcare industry.

Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to attract and retain executive, management and operational personnel, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and to continue to supply the services needed by its HMO clients as well physician clients. The Company does not undertake any obligation to publicly update any forward-looking statements. There can be no assurance that the provisional patents discussed in this press release will be granted by the US Patent and Trademark Office, or, if they are granted, they will not be challenged by third parties, or if not that we will be able to effectively use or commercialize such patents and/or we may not have the resources to deploy such technology. As a result, investors should not place undue reliance on these forward-looking statements.

FOR MORE INFORMATION, PLEASE CONTACT:

BPC Financial Marketing

John Baldissera

800.368.1217

or

PR Financial Marketing

Jim Blackman

713-256-0369

jim@prfmonline.com

or

The Quantum Group, Inc.

Danielle Amodio

561.798.9800


'/>"/>
SOURCE The Quantum Group, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. The Quantum Group Announces Increased Patient Enrollment Following Medicare Advantage Open Enrollment Period
2. The Quantum Group Extends CEOs Employment Agreement
3. The Quantum Group Announces 1st Quarter Financial Results for Fiscal Year 2008
4. The Quantum Group Announces Strategic Technology Alliance
5. The Quantum Group to Present at the Jesup & Lamont Emerging Growth Stock Conference on February 28th
6. The Quantum Group Reports 4th Quarter and Year End Results for Fiscal Year 2007
7. The Quantum Group, Inc. Announces Separation of Units
8. Results promising for computational quantum chemical methods for drug development
9. The Quantum Group, Inc. Completes $13.2 Million Public Offering and Initiates Trading on the American Stock Exchange Under Symbol QGP
10. American Stock Exchange Lists the Common Stock and Units of The Quantum Group, Inc.
11. Quantum Foundation Makes a Half Million Dollars Available to Federally Qualified Health Centers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2017)... ... July 21, 2017 , ... The Ellis Agency, an eastern Georgie ... Foundation in a community wide charity event with the goal of bringing in support ... local woman who lives with epilepsy, recently launched a charity campaign of her own ...
(Date:7/21/2017)... ... July 21, 2017 , ... Thomas Jefferson University , ... was awarded a $300,000 grant from The Pew Center for Arts & Heritage ... and the recognition of one’s own limits among health professions students. , ...
(Date:7/21/2017)... NJ (PRWEB) , ... July 21, 2017 , ... ... has received a $5,000 grant from the C. R. Bard Foundation, ... Day Center at Somerset Hills , a service available through the nonprofit home ...
(Date:7/21/2017)... CANADA (PRWEB) , ... July 21, 2017 , ... ... 80% follow-up at 10 years, researchers from the Multicenter Orthopaedics Outcome Network (MOON) ... of life a decade after surgery, though activity levels decline over time. The ...
(Date:7/20/2017)... MA (PRWEB) , ... July 20, 2017 , ... ... form of blood and bone marrow cancer that progresses rapidly without treatment. Newly ... recommended to reduce the chance of reoccurrence and relapse. With such a ...
Breaking Medicine News(10 mins):
(Date:7/10/2017)... , July 10, 2017  BDI Group ... and patient support services organization serving specialty pharmacies, ... the launch of four significant, value-added member programs ... insights, better manage reimbursement and improve access and ... factor therapies. ...
(Date:7/10/2017)... N.C. , July 10, 2017 Locus ... Convertible Note to support the development of CRISPR-Cas3 antimicrobial ... Holdings Limited, a leading Chinese Internet services provider, and ... will advance multiple infectious disease product programs targeting antibiotic ... Founded by Dr. Rodolphe Barrangou ...
(Date:7/5/2017)... July 5, 2017 Wolfmet 3D  printed tungsten collimator manufactured ... physics and manufacturing combine to progress molecular radiotherapy imaging. ... systems are unable to accurately quantify the radiation absorbed by ... regarding the success of this radiotherapy treatment has been available ... ...
Breaking Medicine Technology: