SCOTTSDALE, Ariz., Sept. 3 /PRNewswire-FirstCall/ -- MedCom USA, Inc.
(OTC Bulletin Board: EMED) a leading provider of HIPAA compliant healthcare
and financial transaction solutions for the healthcare industry, which
recently signed letters of intent to acquire PayMed USA, LLC and Absolute
Medical Software Systems, a leading provider of HIPAA compliant medical,
dental, healthcare and financial transaction solutions for the healthcare
and dental industry is pleased to announce that it has appointed four
additional board members of whom three are independent and one is an inside
member.
Bill Williams, President and CEO, MedCom USA stated, "We are pleased to
be in a position to expand the Board of Directors. This move will ensure
that the Company will benefit from a diversity of experience and opinions.
We were looking for proven management experience and leadership skills and
most importantly, independent thinkers."
The three independent board members are:
-- Mr. Mark Goldfinger MBA is currently a Business Financial Advisor
with the Global Wealth Management division of Merrill Lynch. Mr. Goldfinger
was previously President of Creative Capital Leasing and Executive Vice
President of Computeration Inc, and has also served as Vice President of
First Federal Bank.
-- Mr. David Breslow is currently Chief Executive Officer of United
Pharmacists Network, Inc. and CEO of the Clinical Intervention Group (CIG).
Mr. Breslow has served the USC School of Pharmacy as a Director of both the
Alumni Association and QSAD Centurions and as President of both
organizations. He is a current member of the Board of Councilors and is a
USC Associate.
-- Mr. Robert Kite is currently President/COO of KFT LLLP a family
holding company involved in real estate, stocks, industrial buildings,
resort hotels, and various interest in privately held companies. Mr. Kite
also serves on several public and private Board of Directors, National
Energy Group, (NEGI) 21 years, Ants Software, (ANTS) 5 years, Petrol Oil &
Gas, (POIG) 2 years -- Chairman, Jardinier, (JARD) 3 years -- Chairman,
E2020 -- internet education company 5 years, FBI Citizens Academy past
president -- Advisory Council, ChildHelp USA -- 8 years.
The inside Board Member is:
-- Mr. Michael Malet has served as Executive Vice President of MedCom
USA since 2001. He previously served as President of New View Technologies,
Inc., New View Technologies was purchased by MedCom in 1998. Mr. Malet also
was President of Keyosk Corporation, a manufacturer of on-line intelligent
vending machines. Mr. Malet is also currently Executive Vice President of
Card Activation Technologies (OTC Bulletin Board: CDVT).
MedCom's products offer real-time Patient Eligibility and a suite of
payment options which include Credit/Debit, Easy Pay and Check
Guarantee/EFT all delivered through its online web portal,
http://www.medcomconnect.com. For further information on MedCom USA Inc.
http://www.medcomusa.com.
Certain statements in this press release that are not historical facts
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be identified
by the use of words such as "anticipate," "believe," "expect," "future,"
"may," "will," "would," "should," "plan," "projected," "intend," and
similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual
results, performance or achievements of Card Activation Technologies, Inc.
(the Company) to be materially different from those expressed or implied by
such forward-looking statements. The Company's future operating results are
dependent upon many factors, including but not limited to the Company's
ability to: (i) defend its patent; (ii) build the management and human
resources and infrastructure necessary to support the growth of its
business; (iii) competitive factors and developments beyond the Company's
control; and (iv) other risk factors discussed in the Company's periodic
filings with the Securities and Exchange Commission, which are available
for review at http://www.sec.gov under "Search for Company Filings."
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