Navigation Links
iMedica Announces Agreement with Misys
Date:9/15/2008

iMedica and Misys Resolve Dispute

DALLAS, Sept. 15 /PRNewswire/ -- iMedica Corporation ("iMedica") announced that it has reached agreement in its dispute with Misys Healthcare Systems LLC ("Misys").

Under the Agreement, iMedica will grant Misys a license for the iMedica PRM 2008 practice management (PM) and electronic health record (EHR) application which Misys can use to sell and support its customers. The agreement also states that iMedica will provide a license to Misys for the new version of the iMedica software source code, PRM 2008 SP1, subject to acceptance by Misys. Misys will then have no further access to any subsequent versions of the iMedica PRM application.

iMedica and Misys will continue to develop their products independently, and neither will have any rights to the other's future source code or products or any obligation to share future source code or products. Once the consideration outlined below is paid, Misys will not owe any further royalty payments to iMedica.

In consideration for entering into the agreement, iMedica will receive:

a) Up to $12 million in cash over the coming months contingent upon delivery by iMedica and acceptance by Misys of the source code and services; and

b) All equity in iMedica held by Misys, and the remaining balance for the outstanding prepaid royalties related to the previous OEM Agreement.

About iMedica Corporation

Founded in 1998, iMedica Corporation is an innovator in the development of electronic health records (EHRs) and practice management (PM) solutions for physician practices. Based on its comprehensive study of physician practice workflow and extensive consultations with practicing physicians, iMedica has developed Patient Relationship Manager(TM) (PRM), a single-application EMR and PM solution that utilizes Microsoft's latest .NET technology. PRM's unique, template-free design adapts to a physician's workflow and sets the benchmark for ease of use and deployment, speed and portability. iMedica's replication technology enables backup, recovery and accessibility, as well as customization and solution management with minimal IT staff intervention. iMedica PRM 2008, version 8.1 is a CCHIT Certified (R) product for CCHIT Ambulatory EHR 2007. For more information, call 866-960-6890 or visit http://www.iMedica.com.

Company Contact: Media Contact:

Kristin Raffaelle Christopher Capot, KNB Communications

Vice President, Marketing 212-505-2441

480-471-8764 203-379-8019 (mobile)

kraffaelle@imedica.com ccapot@knbpr.com


'/>"/>
SOURCE iMedica
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. WallSt.net (www.wallst.net) Updates Investment Community Through All-New Interview With digiMedical Solutions
2. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
3. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
4. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
5. HEI, Inc. Announces Sale of RFID Division Assets
6. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
7. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
8. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
9. Brooke Franchise Corporation Announces Selected July Results
10. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
11. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... ... ... Discover the Rocky Mountain region’s longest running and impressive garden and home show ... to see the most incredible gardens and home improvement experts that attend this amazing ... Center - 700 14th St. Denver CO, is an exciting event that Performance Mobility ...
(Date:2/8/2016)... (PRWEB) , ... February 08, 2016 , ... ... Inc., will be speaking on how healthcare companies can use newly released government ... the health of a population and intervene and capture the value they create ...
(Date:2/7/2016)... Metamora, Michigan (PRWEB) , ... February 07, 2016 ... ... pelvic organ prolapse with the latest techniques and the most minimally invasive approaches. ... pelvic organ prolapse, particularly after menopause. Other risk factors include surgery to the ...
(Date:2/6/2016)... ... February 06, 2016 , ... FOR INFORMATION: ... AORN SURGICAL CONFERENCE & EXPO , WHAT:     , This conference is the ... perioperative nurses in attendance to study the latest evidence-based recommendations and resources ...
(Date:2/6/2016)... Pekin, IL (PRWEB) , ... February 06, 2016 ... ... the recovery phases of eating disorder treatment helps to reduce the frequency and ... “Tasks of the Recovery Phase: Re-Establishing Healthy Identity and Purpose,” will explore the ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... DIEGO , Feb. 8, 2016 /PRNewswire/--  Cell ... announced that advanced tissue-engineering services are now available ... a groundbreaking new three-dimensional (3D) bioprinting approach called ... 3D Bio Printer , a state-of-the-art robotic system ... has created a powerful pay-for-service bio-printing model that ...
(Date:2/8/2016)... , Feb. 8, 2016 ... addition of the "Label-Free Detection Market ... to 2020" report to their offering. ... the addition of the "Label-Free Detection ... Forecasts to 2020" report to their ...
(Date:2/8/2016)... Pharma Inc. President and Chief Executive Officer Yoshihiko Hatanaka ... as president, Americas Operations, for Astellas US LLC, with responsibility ... America , effective April 1, 2016.  Robinson previously served ... the United States -- a role ... who is retiring in June 2016.  --> ...
Breaking Medicine Technology: