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MMRGlobal Reports Growth in Physician Usage of MMRPro and Increase in Web Traffic to Personal Health Record Sites(June 15, 2012)
LOS ANGELES, CA -- (Marketwire) -- 06/15/12 -- MMRGlobal, Inc. (OTCBB: MMRF) ("MMR") today announced that usage of the Company's MMRPro document management and imaging systems processed nearly 3 million pages of medical records from an estimated 100,000 patients including more than 500,000 EOB forms for use with medical billing and collection services. MMRPro also makes medical records available to patients using the system's integrated patient portal, MMRPatientView, and the joint MMR-Interbit Data solution certified for meaningful use with MEDITECH EMR systems. Over the past five months, the Company continued to see usage grow at more than 12% over last year.
According to Bob Lorsch, MMRGlobal Chairman and CEO, "Opportunities with MMRPro seem to be opening up. Originally designed for small physician practices, we find growth coming from other areas such as surgery centers, compliance departments and in support of billing and collections. The increase in document imaging should continue to track to rising implementation of Electronic Medical Records systems which require digitizing paper-based patient charts for use with EMR and EHR systems."
Separately, the Company also reported that it sees measurable increases in video tours of its MyMedicalrecords.com Personal Health Record, MyEsafeDepositbox.com online storage system and other MMR websites all of which can be viewed at www.mmrtheater.com. Continued Lorsch, "Increasing numbers of consumers are beginning to see the importance and cost saving benefits of having a PHR (http://coosaw.wordpress.com/2012/03/15/medical/). Based on comments from users, we believe that we offer the most user-friendly interface to all of a family's healthcare providers, including veterinarians for the family's pets."
The Company has also been running a Facebook advertising campaign that has already delivered 18 million impressions since the first of June. The campaign uses targeted messages which drive people to both disease-specific and family wellness pages such as https://www.mymedicalrecords.com/diabetes and https://www.mymedicalrecords.com/family. Based on the Facebook campaign and an article about the Company in yesterday's edition of The Daily Beast (http://www.thedailybeast.com/articles/2012/06/14/inside-real-housewives-star-taylor-armstrong-s-lawsuit-settlement.html), the Company is seeing thousands of visitors to its websites.
About MMRGlobal, Inc.
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. The MyMedicalRecords PHR enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. MyMedicalRecords is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. Through its merger with Favrille, Inc. in January 2009, the Company acquired intellectual property biotech assets that include anti-CD20 antibodies and data and samples from its FavId/Specifid vaccine clinical trials for the treatment of B-Cell Non-Hodgkin's lymphoma. To learn more about MMRGlobal, Inc. visit www.mmrglobal.com. View demos and video tutorials of the Company's products and services at www.mmrtheater.com.
All statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words (and their derivations) such as "need," "possibility," "intend," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words. Actual results and the timing of selected events may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community and consumer retail market; business prospects, results of operations or financial condition; success of new distribution channels and personal health records adoption; timing and volume of MMRPro sales and installations; length of sales cycles and the installation process; market acceptance of new product introductions; ability to establish and maintain strategic relationships; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; risks related to a security breach by third parties; maintaining, developing and defending our intellectual property rights; marketing and exploitation of our patent portfolio both in the U.S. and internationally; and additional risks discussed in the Company's filings with the Securities and Exchange Commission. The Company is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
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