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Tuesday, December 27, 2016 4:07:25 PM
Founders Bay Technologies, Inc. (hereinafter “FBAY Platform” or the “Company”) is a
proprietary technology that addresses the pervasive need for integrated EHR
environments in healthcare provider facilities without the overly expensive and disruptive
data migration of system switching projects.
This creates immediate value for US
providers, enabling them to qualify and receive Medicare/Medicaid Federal EHR
programs incentives four times faster and cheaper than any other solution on the market.
In countries of European Union, UK, Latin and South America, FBAY Platform is
becoming the core technology in new security compliance protocols and consolidation of
access to disparate international datasets, allowing for globalization of care and
transnational service provider benchmarking.
This technology has been deployed by 48
hospital networks in US in addition to over 150 service terminals across 7 countries
abroad. Current product installation are only the beginning in actualization of the
-7-
intellectual property behind FBAY Platform and the future opportunities for growth
cannot be overstated. We are pursuing several national sale contracts for establishment
of payor systems in Mexico, Brazil, and Argentina.
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