MediSwipe Inc. and 800 Commerce Inc. Announce Letter of Intent for Agreement
With LifeApps Digital Media Inc. to Develop Apple and Android Applications
Targeting Mobile Health Care Sector
Companies Announce Plans for a Strategic Alliance to Launch mHealth
Applications for iPhone and Android Platforms to Match Patients With
Caregivers and Physicians
LOS ANGELES, Feb. 14, 2013 (GLOBE NEWSWIRE) -- MediSwipe Inc.
(www.MediSwipe.com) (OTCBB:MWIP), a patient security solutions and financial
products company for the medicinal marijuana and health care industry, and 800
Commerce Inc., a mobile marketing and payment solutions company, today
announced that MediSwipe has executed a preliminary Letter of Intent relating
to a proposed strategic alliance with LifeApps Digital Media Inc.
(www.lifeappsmedia.com) (OTCQB:LFAP) to produce mobile applications for Apple
and Android platforms targeting the mobile healthcare sector. The combination
of smartphone and app stores has created a vibrant market for mHealth apps,
which are forecast to reach 142 million downloads globally by 2016.
Pursuant to the Letter of Intent, the two companies will move towards an
agreement for a strategic alliance in which LifeApps Digital Media will create
mobile applications for MediSwipe, the first being "GetRx" which will match
caregivers and patients in legal jurisdictions for medicinal marijuana,
provide geographical locator functionality for 18 states with thousands of
listings of pharmacies, caregivers and dispensaries, and allow for patient
ratings and comments.The second application will be branded "My800Doctor" on
behalf of 800 Commerce and will extend the mobile brand of the 800
Commerce'snewly launched telemedicine portalwww.my800doctor.com, allowing
geographical search of medical professionals, appointment setting, and
prescription alerts for over 400,000 healthcare professionals nationwide.
"We are extremely pleased to have signed a preliminary agreement towards
entering a partnership with LifeApps for the launch and extension of our
mobile brand for "GetRx" and "My800Doctor" for iOS and Android. LifeApps is a
leading provider of smartphone applications, and is approved across all
platforms. We look forward to launching the GetRx app for our consumers. We
believe our timing is crucial and will be a meaningful revenue stream for our
company based on new legislation regarding dispensaries. We will now be the
first application to match patients with independent caregivers as required
under the new legislation," stated B. Michael Friedman, CEO of MediSwipe.
"We believe that LifeApps has developed the perfect app development platform
and tools with which to partner with MediSwipe and 800 Commerce for the
creation of their mHealth apps," Robert Gayman, CEO for LifeApps Digital Media
Inc. stated. "Our health and wellness platform and design/programming team are
perfectly suited to deliver the features, functionality and user friendly
experience that "GetRx" and "My800Doctor" require."
"We believe LifeApps is uniquely qualified as a partner to create apps that
can fit a variety of needs in the medical transaction sector," Friedman
continued. "In the digital publishing world, LifeApps' latest edition of its
health, sports and fitness magazine, YouWorkout, held the top spot in the
Health, Mind and Body section of Apple Newsstand's "What's Hot" section for
four consecutive weeks from December 2012 into January 2013. LifeApps'
YouWorkout mobile app has been listed among the top 10 Health, Mind and Body
publications in the "What's Hot" section for eight straight weeks. LifeApps
recently released MDWorkout, a health and fitness application featuring
exercise programs and video content from medical professionals and certified
trainers. LifeApps has the technical expertise to provide the solutions the
mobile market needs."
About MediSwipe Inc.
MediSwipe Inc. provides innovative patient solutions for electronically
processed transactions within the medical marijuana and healthcare industries.
MediSwipe provides terminal-based service packages and integrated Web Portal
add-ons for physicians, clinics, hospitals and medical dispensaries that
include: digital patient records, Electronic Referrals, Credit/Debit Card
merchant services, Check Guarantee and Accounts Receivable Financing.
About LifeApps Digital Media Inc.
LifeApps Digital Media Inc. (OTCQB:LFAP), is a digital media company focusing
on health, fitness, sports publications, and next-generation social networks.
The company is a leading, authorized developer, publisher and licensee for
Apple iOS - iPhone, iPod touch, and iPad -- and Android tablets on Google Play
and Kindle Fire and Androids via Amazon Mobile Marketplace. Health, fitness
and sports enthusiasts can benefit from the expertise of top-tier sports
physicians, performance fitness trainers and professional athletes through
LifeApps® multi-sport and fitness publications and mobile apps. These subject
matter experts create the skills, drills and workouts that are featured in the
family of LifeApps® Digital Media products and publications.
This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. This
material contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of MediSwipe Inc. to be materially different from
the statements made herein.The factors that could cause actual future results
to differ materially from current expectations include, but are not limited
to, the possibility that MediSwipe and LifeApps may not be able to conclude
definitive agreements with respect to their proposed joint venture.
CONTACT: MediSwipe Inc.
LifeApps Digital Media Inc.
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