FYI: EHSI finally got their health-related iPhone App to market.
It doesn't compete directly with Instacare's smartphone app, but the point is that their stock has been in a long-term downtrend, they have no revenue stream, and their stock sells for THREE TIMES that of ISCR.
I copied the PR below since I can't link directly to it:
EHSI: Testing Complete on Auto-Med iPhone App
Last update: 10/4/2010 9:15:00 AM
Smartphone App Designed to Remind Seniors to Take Their Meds
HOUSTON, Oct 04, 2010 (BUSINESS WIRE) -- Emerging Healthcare Solutions, Inc. (pinksheets:EHSI) announced today that the company has completed internal testing of its revolutionary Auto-Med smartphone application.
The internal tests included in-depth evaluation of Auto-Med's functionality, programming compatibility and user feedback. The potentially lifesaving app is designed to automatically call users every day at the proper time to remind them of exactly what medication and dosage they are to take based upon their doctor's recommendation.
"This is a revolutionary application that can save lives, reduce frustration and improve the health and safety of millions of seniors in America," said Cindy Morrissey, President and CEO of EHSI. "With internal testing completed, we are so pleased to guide Auto-Med closer to market."
EHSI plans to initially offer Auto-Med for the Apple iPhone (AAPL), Morrissey said. After assuring product quality, EHSI will also make Auto-Med available for Google's Android and Research in Motion's BlackBerry devices.
"The goal we have set is to sign up one million subscribers in the first year of Auto-Med's release," Morrissey said. "We're planning to make the application available on our Web site soon."
According to Apple, more than three billion applications have been downloaded from its App Store by iPhone and iPod touch users worldwide. Such demand has instilled confidence within EHSI that Auto-Med will enter a market primed and ready for its release.
Emerging Healthcare Solutions, Inc. strives to develop cutting-edge medical technology that displays potential to produce significant returns. The Houston-based company competes in the emerging medical technology sector that includes companies such as Allscripts-Misys Healthcare Solutions, Inc. (MDRX).
About Emerging Healthcare Solutions, Inc.
Emerging Healthcare Solutions, Inc. is a medical technology company that works to bring new and innovative medical technologies to the market. The Company's model is to engage a technology prior to its inflection point in order to maximize the profits available to EHSI as that new technology is adopted. Our common stock is traded under the symbol EHSI.
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