Science & Technology
Science and Technology
Science and Technology
Thu, February 19, 2009 Vemics to Provide Internet Marketing Services to Medical Protective
NANUET, N.Y.--([ BUSINESS WIRE ])--Vemics, Inc. (OTCBB: VMCI) and Medical Protective today announced they have reached an agreement to provide Medical Protective, a Berkshire Hathaway-owned medical malpractice insurance company, with direct access to VMCI's iMedicor online portal accessing over 700,000 physicians and staff personnel.
Under this agreement, Medical Protective will utilize iMedicor's medical community portal to market medical malpractice liability insurance to doctors and their staff nationwide. These communications, transmitted through the portal in video, audio or text, will allow recipients to make product inquiries or schedule appointments with Medical Protective representatives on a 24/7 basis.
"We are thrilled that Medical Protective, the highest rated and financially strongest medical malpractice carrier in the country, has elected to utilize iMedicor," said Vemics chief executive Fred Zolla.
"This campaign," he added, "will not only target physicians and their staff in a cost-effective manner but will also compliment Medical Protective's existing marketing strategies that consistently respect a physician's demanding schedule."
"We are looking forward to initiating our direct to physicians online marketing program with Vemics iMedicor" said Mark Cocco, Executive Vice President of C&R Insurance Services, Inc, a Medical Protective owned insurance agency specializing in helping physicians secure superior medical malpractice coverage at the most affordable rate. "iMedicor represents the potential of unprecedented access directly to our targeted audience, physicians."
About Medical Protective
With approximately $700 million in annual premium, Medical Protective is a national leader in primary medical professional liability coverage and risk solutions for physicians, dentists, other healthcare professionals, hospitals, and other healthcare facilities. As the nation's first provider of medical professional liability insurance, Medical Protective has been protecting the assets and reputations of doctors and other providers of healthcare for over 100 years. Its offerings include professional liability insurance on both claims-made and occurrence forms, risk management consulting and education, premium finance solutions and– through affiliates and partners–additional products and services for its healthcare providers. Medical professional liability insurance products are underwritten and provided by The Medical Protective Company, rated AAA (Extremely Strong) by Standard & Poor's and A++ (Superior) by A.M. Best, and its affiliates on both admitted and excess and surplus paper, and are distributed through a nationwide network of employee sales managers, appointed agents and brokers. Medical Protective is a Berkshire Hathaway business. More information about Medical Protective is available at [ www.medpro.com ].
About Vemics
Vemics' iMedicor portal gives physicians and healthcare professionals a HIPAA-compliant means with which to exchange patients' personal health care records electronically. Integrated with the company's Clear Lobby communications platform, iMedicor will also be the first online service that creates a secure bi-directional online link allowing pharmaceutical companies to market comprehensive content to thousands of doctors' offices around the world. In addition, iMedicor will allow delivery of CME (continuing medical education) programs sponsored by medical societies, pharmaceutical companies, medical device companies and the U.S. Military. iMedicor is based in Austin, Texas. Vemics' corporate offices are located in Nanuet, New York. [ www.vemics.com ], [ www.imedicor.com ].
This release includes 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 statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, integration of NuScribe's business into ours,products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements.All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements.Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with [ www.pinksheets.com ].We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
