Translate their most recent double talk PR please
MMRGlobal Announces New Patent Agreement & Increased Distribution Channel
LOS ANGELES, CA -- (Marketwired) -- 01/28/15 -- MMRGlobal, Inc. (OTCQB: MMRF) ("MMR") today announced that the Company will report retailer-driven revenue in the fourth quarter 2014 from Patent Agreements, in addition to the previously disclosed licensing agreements with the nation's largest pharmacy retailer, which substantially increases MMR's previously disclosed retail distribution channel that includes access to more than 15,000 U.S. retail locations, 2,000 international locations, and 50 million monthly online visitors. MMR has already received initial revenues from the signing of the agreements related to the increased distribution network during the period ended December 31, 2014. MMRGlobal also announced 2014 was the highest revenue year in the Company's history and that MMR continues to actively pursue strategic opportunities with partners who have the financial resources to make large investments in MMR's technology products, services and Intellectual Property. As part of that, the Company is in the process of completing another Patent Agreement and strategic partnership with a major healthcare provider. Additional details will be announced when the terms of that agreement are finalized.
The Company also announced that three appeals filed earlier this month in the United States Court of Appeals by MyMedicalRecords, Inc., a wholly owned subsidiary, pertaining to recent District Court actions have already been consolidated into one case which the Company believes will speed up the Appellate process. MMR also disclosed that it is in discussions with defendants in those actions and others where the Company has existing Patent Agreements regarding strategic opportunities, licensing and/or other relationships with MMR.
