Globe Photos Inc (fka GBPT)

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Medify has the approved connection to NHS' N3, the secure national IT network and has contracts to provide the service to NHS Healthcare professionals, which will now roll out over the next 12 months. As the only provider to offer the service Medify is set to achieve significant revenues starting on the 1st of September 2006.

Therefore for every 1% market penetration, the revenue for Medify is $5.1m per annum.

Of further importance is that UK Healthcare professionals represent approximately 10% of the overall European market and approximately 1% of a total global market of 59 million professionals (potential users).