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Medify announces company restructure to gear up for 2006
PR Newswire - January 06, 2006 09:05

LONDON, Jan 06, 2006 /PRNewswire-FirstCall via COMTEX/ -- Medify Solutions is pleased to announce that in order to capitalise on its important progress in the UK with NHS projects and recent moves into Europe, bringing significant additional and new revenue, the following restructuring will take place with immediate effect.

Jonathan Bryant becomes Executive Chairman and President, to concentrate on the group strategy and to oversee the move into other European and World markets. A key part of his role will be the early identification of additional revenue generating opportunities, be it products or markets, as the company expands.

Trevor Bone assumes the Executive Director role responsible for Group Commercial activities globally. A key part of his role will be the development of significant global sales for the company in Europe and Far East countries. Additionally he will look to develop significant alliances, partnerships and licensing arrangements for the company. This is in response to the interest gained through the successful securing of the CM Group contract in Italy which has created several similar commercial opportunities.

Geoff Freestone has been promoted to Group CEO to accommodate the company's new requirement for operational development and increased technical staff. Appointments for COO and project management will be announced shortly.

Trevor Bone said. "These appointments are a natural part of our development plans and will allow us to have new focused personnel who can concentrate on a key markets basis to deliver the company's plan in terms of growing the business into a successful global operation. This is great news for Medify and shareholders as we move confidently into 2006".

This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in Medify Solutions Inc. reports that will be on file with the US Securities and Exchange Commission.

SOURCE Medify Solutions Ltd.

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