Monday, October 3, 2011
VisiInc PLC National Research reveals Australians Embrace E-health Personal Health Records
VisiInc PLC (VZJ) have released a National Australian survey showing public confidence in security will boost E-health uptake, just days after VisiInc announced their acquisition of VIA3.
Perth, Western Australia, October 04, 2011 - VisiInc PLC (VZJ) (http://www.deutsche-boerse.com) have released a National Australian survey showing public confidence in security will boost E-health uptake, just days after VisiInc announced their acquisition of VIA3.
The USD$16 million scrip deal to acquire USA company VIA3 will deliver a powerful combined technology of 3D real time collaboration, voice and video conferencing, an ultra-secure platform and marks a major push into Australian E-health market. The acquisition is timely with a national Australian opinion survey revealing that the uptake of E-health could be considerably higher if security issues are addressed.
In June 2011 VisiInc PLC entered into an agreement to launch MMRGlobal’s patented consumer and professional health IT products and services, including MMRPro for healthcare professionals (www.mmrprovideos.com) and the MyMedicalRecords Personal Health Record (PHR) (www.mmrvideos.com), on the Visi™ platform utilizing the Vistime product.
The survey fieldwork was carried out by respected pollster UMR on September 26, of 1,000 people aged 18, and was weighted and matched with ABS census data to ensure a nationally representative sample (Full survey results are attached).
The survey results were a strong endorsement for E-health.
There is a very strong support for E-health at 67% and this only get stronger when the patient can control who has access to it (up 7% to 74%) and stronger again at 80% when health records can be accessed anywhere in Australia.
It is clear that Australian people embrace E-health as the way to go and as each point of concern is addressed, support just gets stronger.
Support for a personal E-health account to store your own records is very strong with 68% of people supporting the concept.
“Clearly there is a market for nationwide system of E-health records and also a demand for secure personal record systems controlled by the individual themselves. VisiInc and our licensed MYMEDICALRECORDS.COM, can fill both of these market segments. VisiInc is a leader in the area with some of the smartest technology. We aim to be a major player in the Australian E-health market. Our international experience and intimate understanding of the Australian psyche and health care system will position us well for strong growth,” Said Jacques Blandin, CEO and Founder of VisiInc PLC.
In acquiring VIA3, the VisiInc PLC offering will significantly accelerate their Australian E-health market thrust as well as fast track numerous global projects relating to health, medical, aerospace, engineering, geosciences, mining and education markets.
The addition of via3 to the suite of Visi products will expand existing product offerings for both companies, as well as enable Visi to access new markets. The synergies between the businesses will bring benefits to our valued customers and partners.
VisiInc PLC is seeking to substantially expand its revenues and this acquisition marks the commencement of its growth strategy.
The VisiInc platform is the next evolution in visual communication, and is capable of delivering solutions in both the physical and virtual environment in 3D. With Vistime and VIA3, our combined offering includes unlimited presentations, application sharing, training, whiteboard sessions or demos and instant voice and video conferencing previously not possible in one real time collaboration and conferencing product. VisiInc is currently in trial discussions in both Europe and Eastern Europe with major medical groups.
Vistime was developed so that engineers, geologists, filmmakers, physicists, healthcare professionals and others can see and work with “elephant-sized” visual files, for the first time anywhere, and collaborate on them with peers to save both time and money.
Vistime is a multi-file format, real-time 3D viewer for retrieval and viewing of large files, including medical imaging systems such as MRIs, scans and sonograms, over any Internet connection, including dial-up.
About Visiinc PLC
Market Cap: € 99 million
Shares on issue: 68 million
Deutsche Bourse: (VZJ)
VisiInc PLC is a leading software company with development and marketing offices located in the USA. Headquartered in Perth, Australia and registered in the UK, the company listed on the Frankfurt Stock Exchange In May 2011.
Truly a global enterprise, VisiInc’s structure delivers:
Efficient access to global equity markets
Access to international software and technology market
Cost effective Australian-based operations
The company is listed on the Frankfurt Stock Exchange (Deutsche Bourse) which is recognised for its ease of trading and as one of the world’s most efficient capital markets.
Australia is currently moving toward an E-health system where secure electronic records and medical file management and sharing will radically improve health care and generate up to an estimated $4 billion in software sales over the coming six years.
On June 1st 2011, VisiInc.com entered into an agreement to launch MMRGlobal’s patented consumer and professional health IT products and services, including MMRPro for healthcare professionals (www.mmrprovideos.com) and the MyMedicalRecords Personal Health Record (PHR) (www.mmrvideos.com), on the Visi™ platform utilizing the Vistime product.
Through it’s evolutionary Visi™ platform, VisiInc operates Vistime. Vistime is rapidly capturing global market share of major verticals such as Healthcare, Government, Engineering and Architecture, Mining, Oil & Gas, Exploration, Energy, Education, Advertising & Media and online Video Conferencing.
Through its unprecedented rapid visual rendering capabilities, the Vistime system (www.vistime.com) allows all end users to simultaneously view, manipulate, and explore multi-dimensional data visualizations of any file type and of any size, in real-time without any resolution degradation. The system eliminates the lag time barrier that exists with other viewers. As a result, Vistime is the first in the world to enable real-time collaboration of complex, data-rich visual files and 3D media. For more information, visit www.visiinc.com.
This Press Release may contain certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Glenn Weiland, Senior Executive Director / Senior Vice President Global Communications
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David Utting, Australian Media and Government Relations +61 416 187 462 firstname.lastname@example.org
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