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:5/26/2016)... (PRWEB) , ... May 26, 2016 , ... ... Retinal Degeneration” for the Foundation Fighting Blindness, Long Island Chapter on June 4, ... the public. , Dr. Maisel, founder of Retina Group of New York ...
(Date:5/26/2016)... , ... May 26, 2016 , ... ... of comprehensive treatment for eating disorders, is opening a brand new child and ... individuals ages 8-17 and their families with even more specialized eating disorder treatment ...
(Date:5/26/2016)... ... ... The MIAMI Institute for Age Management and Intervention celebrates Global Wellness Day with ... Adonis , Wellness Physician of the MIAMI Institute is certified by the American Academy ... , He also heads up FITTLab, the comprehensive medical testing lab located in The ...
(Date:5/26/2016)... Grants Pass, OR (PRWEB) , ... May 26, 2016 , ... ... founder of Bio-Logic Aqua® Research Water Life Science® and international water advocate, was honored ... descendant of the women in ancient Egypt who knelt on the banks of the ...
(Date:5/26/2016)... ... May 26, 2016 , ... Saint Francis ... several years, and the efforts have paid off. Since implementation of these ... of care to enhance perioperative patient experiences and reduce costly complications. Since implementation ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... 2016 MedDay, a biotechnology company focused ... oral presentation entitled "High doses of biotin in progressive multiple ... given by Professor Ayman Tourbah , Principal Investigator of ... European Academy of Neurology (EAN) in Copenhagen, Denmark ... will take place on Sunday, 29 May 2016 from 14:45 ...
(Date:5/24/2016)... 2016 Cirujanos holandeses han puesto ... los médicos a compartir sus mejores prácticas por el ... Profesionales médicos de Europa, África, Asia ... la aplicación, que combina la transmisión en vivo con ... Educación   "Imagine un médico de ...
(Date:5/24/2016)... New Zealand , May 24, 2016 ... and informatics solutions for the healthcare sector, has been named ... New Zealand Hi-Tech Awards 2016. Dr Bruce ... fantastic acknowledgement for our team.  It,s really good to be ... burden healthcare internationally. Our products are used in 35 countries ...
Breaking Medicine Technology: