New Global Energy and New Global Medical, Inc. Enter License Agreement with VIP-Patient LLC
CHEYENNE, Wyo., May 14, 2015 /PRNewswire/ -- New Global Energy, Inc. (OTCBB: NGEY) and its wholly owned subsidiary New Global Medical, Inc. (NGMI) have entered into a license agreement with VIP-Patient LLC, the developer of a proprietary electronic medical records (EMR) software system.
New Global Medical, Inc. also signed a second license agreement with Alternate Health Inc. (www.alternatehealth.ca), a software developer that has developed enhancements to the VIP-Patient EMR software platform called the CanaCard Patient Management System (CPMS), which is used to manage end-to-end transactions that provide safe access to controlled substances.
This acquisition provides New Global Medical with 20-year exclusive licenses in the United States and Puerto Rico for VIP Patient Management System's management and control of electronic medical records and for Alternate Health's CanaCard software system.
In addition, the VIP-Patient platform provides an integrated, turnkey, white-label storefront solution that allows its operating partners to generate revenue through direct sales of prescriptions, medications, nutraceuticals, vitamins, supplements, herbs, and other ancillary treatment programs.
"This will be a very effective distribution channel and outlet for our Moringa products, once the trees are in full production," stated Rocky French, Farm Operations Director for Aqua Farming Tech, Inc.
VIP-Patient and CanaCard provide a private and secure system for HIPAA compliant interactions and monitoring. While most EMRs require comprehensive training programs before physicians and their staff can begin using them, the VIP-Patient EMR platform is user friendly and easy to navigate. This means that physicians and staff typically only require a 30-minute training demonstration before use.
"We believe that these potentially lucrative business enterprises should provide New Global Energy with significant annual returns from the development of Alternate Health services throughout North America," said Chief Executive Officer Perry D. West.
About New Global Energy, Inc.
New Global Energy, Inc. is a public company focused on acquiring high-growth firms, assets and properties in the Aqua-Farming, Agriculture, and Health & Wellness industries. The trading symbol is NGEY traded on the OTCBB. New Global Energy seeks to create sustainable projects and protect the environment.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Media Contact:
Charlotte Luer
[email protected]
+1-239-404-6785
SOURCE New Global Energy
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