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Metiscan, Inc.'s Subsidiary FirstView EHR Launches New Outbound Marketing Strategy


8/17/2009 9:48:31 AM

DALLAS, TX--(Marketwire - August 17, 2009) -

Metiscan, Inc. (PINKSHEETS: MTIZ), a holding company focused on growing its organization by making key acquisitions and developing companies and emerging technologies, announced today that its wholly owned Subsidiary, FirstView EHR, Inc. (FirstView) has launched a new outbound marketing strategy focused on expanding FirstView's footprint within the diagnostic imaging market.

FirstView provides end-to-end IT services for diagnostic imaging facilities including web based electronic healthcare records (EHR), workflow efficiency, PACS administration, long-term archiving, professional IT services and strategic HL7 interoperability consulting. FirstView's CEO, Iain Shigeoka, Ph.D., holds the Control Specialist Certification for Health Language Seven (HL7) Version 2 standards.

FirstView launched its new outbound marketing strategy to better position the Company to capitalize on a portion of the recently passed American Recovery and Reinvestment Act of 2009, better known as the "Economic Stimulus Bill." The final package of $787 billion was signed into law by President Barack Obama on February 17, 2009. The plan allocates $20B to encourage the adoption of health information technology including payments to physicians who can demonstrate they are using electronic heath records (EHR) systems. FirstView currently provides such healthcare IT systems and solutions to diagnostic imaging facilities.

"We have added additional resources to our team to actively call upon outpatient imaging facilities within the United States that will financially benefit from our end-to-end EHR service offering," commented Jacob Cohen, EVP. "Our goal is to continue to increase our footprint within this market while evaluating solutions that fit within our core competencies allowing us to offer similar EHR services to the Physician Office market. By doing so, it will enable FirstView to capitalize on a larger portion of the $20B American Recovery and Reinvestment Act of 2009. Similar to GE, through its related companies GE Healthcare and GE Capital, we are evaluating creating a program whereby we will provide certified EHR systems to diagnostic imaging centers and physicians offices with deferred payment plans."

To learn more about the American Recovery and Reinvestment Act of 2009 visit Digimed Healthcare IT (http://www.digimedhit.com/stimulus.asp).

About Metiscan, Inc.

Metiscan, Inc. is a holding company focused on growing its organization by making key acquisitions and developing companies and emerging technologies. Previously, Metiscan had been focused on healthcare related businesses and is currently pursuing acquisitions and opportunities related to healthcare and non-healthcare mobile products and services.

Metiscan operates FirstView EHR, Inc., a wholly owned subsidiary, that provides end-to-end IT services for diagnostic imaging facilities including web based electronic healthcare records (EHR), workflow efficiency, PACS administration, long-term archiving, professional IT services and strategic consulting. Metiscan operates Schuylkill Open MRI, Inc., a majority owned subsidiary that is an independent diagnostic testing facility (IDTF) providing Magnetic Resonance Imaging (MRI) services. Metiscan also operates Taptopia, Inc., a wholly owned subsidiary that provides design and development services for Smartphone platforms. Metiscan also operates Shoreline Employment Services, Inc., a wholly owned subsidiary that provides employment services and benefits to all of Metiscan's subsidiaries and intends to provide such services to third parties in the future.

Safe Harbor Statement: Certain of the statements made in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause Metiscan's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.


Investor Relations:

Contact:
StockOrange
Dylan Yarter
President
Voice: 214.872.6570
Email: Email Contact
Web: www.stockorange.com

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