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Business Services Industry
USAU Acquires New Advanced Technological Project
Business Wire, May 6, 2008
LAS VEGAS -- The Company (OTCBB:USAU) is pleased to announce that it has agreed to acquire all right, title and interest to a collection of software and hardware products and technologies known as the MyScreenMD.com program.
The MyScreenMD program is focused upon becoming the leading provider of Internet based home medical diagnostic and testing products utilizing a screen based Internet access device in partnership with the medical community. The primary benefits of the MyScreenMD.com model are clinical, resulting in superior patient outcomes, psychosocial, resulting in better patient satisfaction, and economic, resulting in significantly lower costs.
The Company, through its joint venture relationships and strategic alliances, has positioned itself to become one of the nation's leading providers of Internet based medical diagnostic and testing products utilizing screen based internet access devices to reach the ever-growing market segment requiring access to "instant medical testing" and "electronic diagnosis" products. Company management envisions explosive growth as the world moves towards more universal Internet access.
The Company intends to offer their services and products in conjunction with participating physicians, who will receive significant benefits from their participation. Now, medical practitioners can easily monitor and evaluate their patients by transmitting and receiving secure diagnostic clinical data via the MyScreenMD.com medical testing and evaluation portal, where patients can receive timely evaluation and professional interpretation of their results 24/7. Physicians will also receive notification of their patient's results via e-mail and may download the stored data at their convenience from the MyScreenMD.com portal or the vertical partner's portal.
MyScreenMD was founded on the principle that everyone, regardless of financial situation or location, is entitled to accurate medical information, testing and timely evaluation, at an affordable price. MyScreenMD's testing system and products offer a wide range of alternatives to those who could not otherwise obtain crucial testing and immediate evaluation of their medical condition. The MyScreenMD system will provide solutions to the vexing problems plaguing healthcare providers and insurers by:
1) Decreasing significantly the cost of quality healthcare
2) Increasing the quality of healthcare, as evidenced by improved patient outcomes and better patient satisfaction
3) Providing an efficient and user friendly mechanism by which physicians can monitor a large number of patients in a timely and cost efficient manner
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