LOS ANGELES, CA -- (Marketwired) -- 04/24/13 -- MMRGlobal, Inc. (OTCQB: MMRF) ("MMR") today announced that Unisoft Group/Unis-Tonghe Technology (Zhengzhou) Co., Ltd. (Unis) Vice President and Chairman Luo Jianhui is scheduled to arrive in Los Angeles this Sunday for meetings with MMRGlobal CEO Robert H. Lorsch. Unis and MMR entered into a final definitive agreement in 2011 to form Unis Tonghe MMR International Health Management Service Co., Ltd. The Joint Venture was formally submitted for approval to the Chinese government in 2011 after which the new company received its Articles of Association and licenses in 2012 to operate in China through 2042. The primary focus of the two-day meeting will be to review the current status of the Electronic Medical Records business in China, focusing on how the Joint Venture can exploit MMR's patented Personal Health Records technologies under license to the JV. Health IT is part of a significant set of mandated Chinese Government regulations and initiatives which include financial incentives that are similar to those in the U.S. and could help drive PHR revenues to the Unis-Tonghe MMR JV.
The two companies are also in the process of finalizing a new design for a recently announced Henan government medical project which plans on using a Chinese version of the MMR Personal Health Record provisioned through the Joint Venture. Working with an MMR development team, the two companies are working on a custom-branded Personal Health Record designed to meet recent requirements of the Henan Province project including recently announced MMR features and benefits not previously contemplated for China. These include two-way connectivity with any EMR or EHR system in hospitals and clinics and also laboratory reporting systems as well as an integrated HL7 interface and the ability to populate data directly to the patient including lab test results, medication lists and other discrete data. The two companies are also discussing a separate venture where they would jointly sell to the global Chinese market wherever MMR holds its patents. Mr. Luo will be staying at Mr. Lorsch's Beverly Hills residence during his visit.
"Both the U.S. and China are benefiting from the global phenomenon in healthcare," said Lorsch. "China is working hard to build complete healthcare solutions, upgrade hospitals and convert to digitized recordkeeping so they have greater capability to track and predict the health needs of its citizens. We are excited by Mr. Luo's visit next week and look forward to discussing ways to ramp up sales and installations of our suite of Personal Health Record products and services as part of Unis' efforts to build Electronic Medical Record systems for professionals. Clearly, the Chinese government is committed to establishing a healthcare system that utilizes the latest technologies to improve patient care and reduce costs."
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