PALM CITY, Fla., May 10, 2010 /PRNewswire via COMTEX/ -- Connectyx (Other OTC: CTYX) - Connectyx Technologies Holdings Group, Inc. is pleased to announce that the Company is set to expand its market presence in the U.S. Electronic Health Record (EHR) Market. The EHR market is poised to grow at a rate of 13.5 percent over the next four years, and by 2015 it will top $4.85 billion, according to a new study by Kalorama Information. Connectyx Technologies has retained the services of CP Capital Securities, a full-service SEC regulated Broker Dealer, to assist in raising capital and develop additional sales strategies for Connectyx Technologies over the next twelve months.
CP Capital Securities, is a full-service SEC regulated Broker-Dealer, a Registered Investment Advisor and a fully disclosed correspondent of National Financial Services, Inc., a wholly-owned subsidiary of Fidelity Investments, Inc. Capital Securities offers a wide range of corporate finance services, specializing in Private Placements, start-up and early stage companies. CP Capital Securities offers a suite of integrated financial services with a key focus on corporate finance and investment banking.
Connectyx is seeking to raise $3 Million and launch its newly revived marketing and sales campaign in 2010. The Company plans to increase revenues from its marketing efforts targeting new opportunities such as, on air TV sales, which will aid in the penetration of the $5 Billion U.S. EHR Market. The Company is preparing to launch MedFlash(TM) Personal Health Network, which is a powerful new service being developed to allow the MedFlash(TM) device and online personal health manager to synchronize with other resources including smart phones and online services like Google Health and Microsoft Health Vault. Connectyx's goals are to extend its appeal in the marketplace for improved health, wellness and lifestyle.
"We are looking forward to working with CP Capital Securities in 2010 and expect a very promising year," stated Ronn Schuman, President and CEO of Connectyx Technologies Holdings Group, Inc. "We are excited about the results Connectyx has achieved over the last several months given the slow economic conditions.
Our MedFlash(TM) continues to gain momentum. We are excited by the growth rate we have attained and hope to increase our sales revenues substantially over the next twelve months." To learn more about CP Capital Securities, please visit: www.cpcapitalsecurities.com Connectyx Technologies recently announced it has signed a joint marketing agreement with CONSULTADOCTOR(R) to provide MedFlash(R) Personal Health Manager (PHM) 's to the more than 36 million Americans who are currently being treated via Telemedicine and FONEMED(R) to provide MedFlash(R) members with its new concierge service which includes round-the-clock, telephone or web-based access to medical advice, information, products, and services.
About Connectyx Technologies Holdings Group Inc.
Connectyx Technologies provides unique products for the healthcare market including, MedFlash, the electronic Personal Health Manager (PHM). Compatible with Google Health and Microsoft's Health Vault, The MedFlash PHM is an easy to use Personal Health and Lifestyle Manager that is accessible using a powerful web portal suite. The MedFlash PHM also features a 24/7/365 call center, a USB flash drive and our (soon to be released) smart phone applications. The MedFlash PHM provides member benefits including instant access to your Emergency Medical Profile and Personal Health Record in the event of an accident or a medical emergency. Whether traveling, at work, or at home, First Responders have an invaluable advantage when they have access to this time critical information.
Far more than just an emergency flash drive, The MedFlash PHM can be accessed on any computer, securely and with complete privacy. There are also lifestyle and wellness features that provide significant health benefits to members and risk mitigation for employers and insurers alike.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Connectyx Technologies Holdings Group, Inc.
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