Business
Medworxx Solutions Inc. Files First Quarter Financial Statements and Management Discussion and Analysis
Medworxx Solutions Inc. Files First Quarter Financial Statements and Management Discussion and An...
About this update from Regenx Tech Corp
[{"type":"text","content":"\n\n\n\n May 31, 2010 (Canada NewsWire Group) -- Medworxx Solutions Inc (the "Company")(TSX VENTURE:MWX) announced today it has filed with the Canadian securities authorities its interim consolidated financial statements and management discussion & analysis report for the three month period ended March 31, 2010. These documents may be viewed under the Company's profile at www.sedar.com.\n\nHighlights of the first quarter results include:\n\n\n >\n\n\n"We are pleased with our year over year growth, and to have positive adjusted EBITDA for the second consecutive quarter," said Dan Matlow, President & CEO, Medworxx. "The Medworxx team continues to focus on execution of our business plan."\n\nABOUT MEDWORXX\n\nMedworxx is a Toronto-based software company focused exclusively on solutions for the North American healthcare marketplace. Medworxx provides healthcare solutions for patient flow, compliance and education. Its software comprises an integrated suite of solutions, including content management, learning management, policies and procedures, utilization management, bed optimization, single sign on, portal, and emergency readiness solutions.\nMedworxx started business in May 2004 in Ontario with 3 employees and has since grown to over 40 employees. Medworxx' executive team consists of experienced sales, marketing, software development, healthcare, and finance personnel. Medworxx currently has a customer base of over 100 healthcare organizations representing more than 300 hospitals and 500,000 end users who are distributed approximately 70% in Canada and 30% in the United States. Medworxx' customers use its software platform to increase competency, reduce redundancy, reduce costs, and simplify distribution of knowledge to staff and patients, creating a net effect of increased efficiency and improved patient safety and care.\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.\n\n\n >\n\nThis press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes&q...