TULSA, Okla., Sept. 13, 2016 (GLOBE NEWSWIRE) -- RJD Green (OTCPK:RJDG) announced today that IOSOFT, Inc. a division of RJD Green Inc., has been retained by a multinational travel and hospitality payments company, to provide "best in class" payment technology for United States operations.
The Companies have executed non-disclosure agreements and will begin trading technical specifications and trade secret information. Although not in the healthcare payments industry, this multinational corporation hopes to gain a foothold in the $4 trillion travel and hospitality market. It has chosen IOSOFT for its experience and deep institutional knowledge and its well-known technical expertise in virtual payment processing.
Ron Green, CEO of RJD Green Inc. commented, “We are pleased to have the opportunity to collaborate with a multinational travel and hospitality company regarding the unique services IOSOFT can provide, including but not limited to software development to meet their specific needs and provide IT support accordingly. We continue to pursue unique opportunities within many markets, all of which allows IOSOFT to provide customers unique and specific capabilities in their payment processings.”
RJD Green Inc. (Trading Symbol: RJDG) is a holding company focused in three divisions, which create high-growth enterprise opportunities while offering diversity of markets.
- RJD Green Healthcare Services Division - services and technologies reflecting five-year growth
- Earthlinc Environmental Services Division - green environmental services and technologies
- Silex Holdings Division - specialty construction and industrial manufacturing and installation
IOSOFT provides proprietary software for medical billing, healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare payers and providers, and several other platform developments. Since formation, IOSOFT has been a third-party developer of software and provides IT support for the platforms developed.
Current efforts of IOSOFT are in healthcare payment systems that provide unique payment technologies and services or software that can be integrated with legacy or existing systems of healthcare payers, such as, Blue Cross, Aetna, CIGNA and others. IOSOFT provides targeted product offerings for healthcare providers, provider networks, physicians and hospitals; and clearinghouse companies such as Relay Health, a McKesson division, and SSI – ClaimsNet.
This release contains forward-looking statements 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release.
Source:RJD Green Inc.