Navigation Links
Wound Management Technologies Completes Acquisition of Secure eHealth, LLC and Other Assets from VirtualHealth Technologies; Robert Tapales Appointed President of Secure eHealth, LLC
Date:2/1/2010

FORT WORTH, Texas, Feb. 1 /PRNewswire-FirstCall/ -- Wound Management Technologies, Inc. (OTC Bulletin Board: WNDM) announced today that it has completed the acquisition of secure data and messaging provider, Secure eHealth, LLC, along with certain other technology assets from VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) as previously announced in the January 11 press release. In addition to the acquisition of Secure eHealth, Wound Management has also received all of the intellectual property assets of the real-time prescription drug monitoring business conducted by VHGI subsidiary, VPS Holdings.  In addition, VHGI transferred to Wound Management its interest in a convertible note issued by Private Access, Inc., along with related agreements . Private Access is the Irvine based innovator in privacy-enhanced search technology and licensee of Secure eHealth’s System Tray Notifier.   VHGI will retain its existing ownership interest in Private Access.  Terms of the sale include $100,000 in cash, a note for $400,000, and a three-year 10% royalty payable by WNDM and its subsidiaries to VHGI for sales of products containing the Veriscrip Technology.

Wound Care Innovations, a WNDM subsidiary, had been licensing the Cifra solution from Secure eHealth and had been using the highly secure messaging system, document courier and database to share and compile information for ongoing evidence based case studies on its patented collagen CellerateRx® products for treating diabetic wounds.  According to Debbie Jenkins-Hutchinson, Wound Management Technologies President, "The completion of this acquisition is a key milestone in the execution of our strategy for this year by expanding our reach into the technology segment of the healthcare space." Jenkins continues, "I am especially excited to be working directly with Secure eHealth. They are a perfect fit for us and with their existing relationships and our anticipated expansion we can build tremendous value for the company."

Robert Tapales Named President of Secure eHealth, LLC

The company also announced that Executive VP of VirtualHealth Technologies, Robert Tapales has been appointed President of Secure eHealth effective immediately. He will manage the transition and integration of the technology divisions within Wound Management. "I look forward to working with Robert on the expansion of Wound Management's technology initiatives. His experience and understanding of the national healthcare infrastructure will be a tremendous asset in the growth of the company," continued Jenkins-Hutchinson. Robert has served as Executive VP for VHGI since 2008 and prior to that as COO of several practice management companies and Veriscrip where he led the implementation of the nation's first real-time prescription drug monitoring solution. Robert's healthcare background spans over two decades to include executive management with both clinical and technical experience. Robert has also aided in the introduction of several pieces of key legislation involving prescription drug monitoring and healthcare technology data sharing. When asked about his appointment Robert Tapales was quoted as saying, "This opportunity could not have come at a better time for Secure eHealth. With the present surge of interest in collaborative healthcare, cloud computing and data sharing everything revolves around the securing of critical information. This is where we excel and I am absolutely honored to be a part of it."  

For Wound Management Technologies Shareholder Information please call 954-357-0614 or go to http://www.woundmanagementtechnologies.com

About Wound Management Technologies, Inc.

Wound Management Technologies, Inc. (OTC Bulletin Board: WNDM), with its corporate headquarters in Fort Worth, Texas, and regional offices in Ft. Lauderdale, Florida is a rapidly growing provider of specialty medical products, advanced biotechnology solutions and technology applications to secure healthcare data delivery and messaging. The Company is following the lead of NASDAQ Biotech Stock INDEX leaders such as Celgene http://www.celgene.com, Geron http://www.geron.com, and Human Genome Sciences http://www.hgsi.com by working to leverage its existing technology and infrastructure to develop opportunities within the International Biotechnology and Genetic Engineering fields. WNDM also has an interest in Cancer Treatment. For more information on the Company please visit http://www.woundmanagementtechnologies.com

Safe Harbor Statement:

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development and any other statements not constituting historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks, contingencies and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

SOURCE Wound Management Technologies, Inc.

RELATED LINKS
http://www.woundmanagementtechnologies.com

'/>"/>

SOURCE Wound Management Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. VirtualHealth Technologies Completes Sale of Secure eHealth, LLC and Other Assets to Wound Management Technologies; Robert Tapales Appointed President of Secure eHealth, LLC
2. Wound Management Technologies, Inc. Engages Miller Tabak, A National Investment Banking Firm Specializing in the Healthcare Market Space
3. Reportlinker Adds Negative Pressure Wound Therapy (NPWT) Pipeline Technology and Market Forecasts to 2016
4. Wound Management Technologies, Inc. Targets Multi-Billion Dollar Biomaterials Market; Releases Update on Resorbable Orthopedics
5. EnzySurge Receives FDA Approval for SilverStream(TM) Innovative Wound Management Solution
6. Cardium Presents at Tenth Annual Wound Healing: Science and Industry Conference on Matrix Wound Healing Clinical Development
7. Negative Pressure Wound Devices Draw FDA Notice, Advice
8. ULURU Inc. Invited to Present Altrazeal(TM) Research at 10th Annual Wound Healing Science and Industry Conference
9. Wound Management Technologies, Inc. Signs Agreement with Major Sales Representative Organization for Increased Marketing of CellerateRx(R); Third Quarter Sales Up
10. Cardium Files FDA 510(k) Application for U.S. Marketing Clearance of ExcellagenXL(TM) Topical Gel and ExcellagenFX(TM) Flowable Collagen Protein-Based Matrix for Diabetic, Pressure and Venous Ulcers and Other Dermal Wounds
11. Wound Management Technologies (OTCBB: WNDM) Reports Revenue Increase of 33.5%; Posts Evidence-Based Studies for CellerateRx; and Business Update
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... Medivir AB (Nasdaq Stockholm: MVIR) today announced ... Directors that will be submitted to the 2017 Annual ... the company,s three largest shareholders at the end of ... seat on the Nomination Committee, and the Chairman of ... was as follows:  Anders ...
(Date:2/23/2017)... , Feb. 23, 2017  Genesis Healthcare Services has ... announcement was made by Bill Monast , President ... and Nathan Feltman , executives with Home ... Services, LLC. This acquisition helps Hospice ... of technology enabled durable medical equipment (DME) solutions for ...
(Date:2/23/2017)... DUBLIN , Feb 23, 2017 Research and ... and Strategies - 2016" report to their offering. ... The latest research Menopause Drugs Price Analysis ... global Menopause market. The research answers the following questions: ... their clinical attributes? How are they positioned in the Global Menopause market? ...
Breaking Medicine Technology:
(Date:2/24/2017)... ... February 24, 2017 , ... The narrative in “ Signal 8: ... ’s true account of his paramedic experiences. Schanssema describes the tragedies he saw, as ... attempts to overcome them. , Schanssema, initially unsure of the career path he wanted ...
(Date:2/24/2017)... ... February 24, 2017 , ... Indiana Fiber Network (IFN) President and CEO ... year. Dyer started as the Chairman of the Management Committee when IFN was ... corporation including the recruitment of investor/owners and development of the business plan. He ...
(Date:2/23/2017)... ... February 23, 2017 , ... Thinksport, the most ... Jensie Gran Fondo of Marin. For the second year in a row, cyclists ... sunscreen. , “We are thrilled to provide our safe, non-toxic sunscreen to over ...
(Date:2/23/2017)... ... February 23, 2017 , ... The American Cleft Palate-Craniofacial Association (ACPA) ... Meeting. KLS is a longtime supporter of the event. , "We are pleased ... Sponsor," said Dr. Bob Havlik, 2017 ACPA President. "KLS Martin has a long track ...
(Date:2/23/2017)... Angeles, California (PRWEB) , ... February 23, 2017 ... ... Global Sports Development will host a diverse symposium on “Doping in ... of Law and Sheppard Mullin Richter & Hampton LLP. The symposium will be ...
Breaking Medicine News(10 mins):