OT ?: Another defection from a related stock.
May 24, 2008 - 9:04 AM EDT
Telemedicus' Chief Operating Officer Resigns
Telemedicus, Inc. (OTC:TMDI) announced today that chief operating officer Steve Price has resigned effective May 23rd, 2008.
“Steve did a great job and definitely will be missed,” said Thomas Cloud, chief executive officer of Telemedicus. Mr. Cloud continued, “We will seek his replacement and continue to progress the DREAMS technology to market. We now have moved the designs of the mobile and fixed platforms into a commercially viable form, fit and function and the company will begin the process of gaining FDA medical device approvals.”
About Telemedicus, Inc:
Telemedicus, Inc. (OTC:TMDI) is a publicly held company headquartered in Houston, Texas. Telemedicus is commercializing life saving mobile medical communications technology using software and communications capabilities, proven solutions for bi-directional audio, video and patient data communication between a remote unit such as a rural ambulance service, med-flight helicopter, or a remote location and the physician in a hospital trauma center.
Telemedicus is commercializing multiple platforms of life-saving mobile medical communications technology using software and proven communications capabilities. Called DREAMS™ (Disaster Relief and Emergency Medical Services), the technology turns practically any 9-1-1 ambulance, med-flight helicopter, clinic or medical transportation vehicle into a mobile trauma center or physician office. Through the DREAMS™ Intelligent Communications Manager (ICM), the doctor is able to utilize bi-directional audio/video and patient biometric data to provide immediate treatment or diagnosis through the medical technician in real-time. For more information please visit www.telemedicus.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Telemedicus, Inc., Houston
Media Relations
Thomas Cloud, 281-207-5413
Fax: 713-266-3701
investorrelations@telemedicus.com
Source: Business Wire (May 24, 2008 - 9:04 AM EDT)
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