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iMedX Announces Acquisition of Worldtech Inc.
Date:8/24/2009

SHELTON, Conn., Aug. 24 /PRNewswire/ -- iMedX Inc., a leading healthcare software and services company, announced today that it has acquired Worldtech Inc., along with its Indian operations, Worldtech Pvt. Ltd. With this acquisition, iMedX adds Worldtech's many small clinics and solo practitioners to its expanding customer base and significantly enhances its global transcription production capacity.

Based in San Antonio, Texas with offices in Houston and India, Worldtech serves over 800 physician offices across the United States, comprising of over 1400 physicians. As a result of this acquisition iMedX will benefit from Worldtech's geographically dispersed customer base, and from Worldtech's well-trained, efficient global medical language specialists. Worldtech's ten years of experience supporting small clinic customers will augment iMedX's efforts to market its Internet-based electronic medical record products TurboRecord(R) and TurboRx(R) to this significant segment of the medical provider market.

Venkat Sharma, iMedX's President and CEO, along with the current iMedX management team, will continue to lead the combined companies. Worldtech will operate as a division of iMedX, with Worldtech's experienced management, production, and operations team continuing to support and grow its loyal customer base.

"As one of the pioneers in global delivery of medical transcription, Worldtech has built an efficient, well-oiled machine over its ten-year history, delivering high quality documentation services to doctors across the United States," said Mr. Sharma. "We are pleased to have the Worldtech family join iMedX. Worldtech customers will benefit greatly with iMedX's paperless technology and innovative subscription-based electronic medical record solutions"

About iMedX

iMedX is a leading US-based outsource provider of healthcare software and services to hospitals and medical practices throughout the U.S. iMedX's innovative Internet-based transcription delivery platform, TurboScribe(R) is used by thousands of providers across the United States. High quality transcription services are provided through delivery centers in the U.S. and India. iMedX's new TurboRecord(R) electronic medical record service and an e-Prescription platform TurboRx(R) allows doctors to comply with HIPAA guidelines and minimize costs. iMedX is headquartered in Shelton, Connecticut. For more information please visit www.imedx.com.


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SOURCE iMedX Inc.
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