Welcome!

News Feed Item

Connectyx Technologies Holdings Group, Inc. (CTYX) Signs Binding Letter of Intent for $0.5 Million in Funding With Essential Strategic Partners Group, Inc.

Upon Closing, CTYX to Launch National Marketing Campaign for Its Wholly-Owned Subsidiary, Medical Alert US, GuardianOne™ Personal Emergency Response System

STUART, FL -- (Marketwire) -- 01/14/13 -- Connectyx Technologies Holdings Group, Inc. (PINKSHEETS: CTYX), www.connectyx.com, a Healthcare Business Process Outsourcing (BPO) company with wholly-owned subsidiary companies in Personal Emergency Response Systems (PERS) and other personal health product offerings, announced today that the company has entered into a binding letter of intent with Essential Strategic Partners Group (ESP Group) of Tinton Falls, New Jersey, to launch a national marketing campaign incorporating television infomercials for its Medical Alert US subsidiary, GuardianOne™ Personal Emergency Response System.

Connectyx Technologies and ESP Group will be jointly promoting Medical Alert US™, the Personal Emergency Response Systems (PERS) known as GuardianOne™, and MedFlash®, the personal health and wellness portal, which includes telemedicine through its joint venture with iVox's and ESP Group's call centers.

Upon funding, management will focus on marketing three main areas: PERS, MedFlash -- Telemedicine and Connectyx's healthcare BPO. In addition to the existing revenue stream from its BPO, MedFlash and GuardianOne products, Connectyx will be actively pursuing Venture opportunities that will generate additional revenue, adding value to Connectyx Technologies Holdings Group, Inc. through joint ventures and/or acquisitions with additional support from ESP Group.

Ronn Schuman, President and CEO of Connectyx, said, "We are very excited about the partnership we've formed with ESP Group. Their access to capital, combined with our products, perfectly positions Connectyx to continue to execute our forward strategy of significantly increasing revenue in 2013 with our BPO, GuardianOne and MedFlash product offerings."

John Tobacco, President of ESP Group, said, "We are extremely excited about our strategic investment in CTYX. There is no doubt in my mind that, through the joint efforts of our team, the resulting success will create new marketing opportunities, generate organic revenue streams and position CTYX to create new business opportunities, delivering significant forward shareholder value. Upon completion of this first round of funding CTYX will start to make progress toward delivering the necessary components to list its securities on the NYSE Market in the near future and ultimately attracting institutional class investors."

The proposed funding with ESP Group and Connectyx is contingent upon the completion of due diligence, negotiation and execution of a funding agreement, and approval by the companies' Boards of Directors.

Interested investors and shareholders are invited to be added to the corporate e-mail database for future corporate press releases and industry updates by sending an e-mail to [email protected].

For more information please visit our website at www.connectyx.com.

About Connectyx Technologies Holdings Group, Inc.

Connectyx Technologies Holdings Group, Inc. is a Healthcare BPO that provides unique products for the healthcare market including MedFlash®, the electronic Personal Health Manager (ePHM), Medical Alert US, a Personal Emergency Response Services (PERS) product and Medical Transcription, Disease Management, Revenue Cycle Management, AR Financing and Medical Consulting -- Billing. Connectyx's consumer product, MedFlash® PHM, is an easy to use Personal Health and Lifestyle Manager that is accessible using a powerful web portal suite. The MedFlash® PHM provides member benefits including instant access to members' Emergency Medical Profile and Personal Health Record in the event of an accident or a medical emergency. MedFlash also offers lifestyle and wellness features that provide significant health benefits to members and risk mitigation for employers and insurers alike. Medical Alert US, GuardianOne Personal Emergency Response Services product is for patients and senior citizens who want to live independently, but are concerned about falling and staying in communication with family members or emergency services, if necessary.

For more information, please visit our websites at:
www.connectyx.com, www.medicalalertus.com, www.phrtoday.com and www.medflash.com.

About ESP Group, Inc.
Essential Strategic Partners Group, Inc. (www.essentialesp.com) provides business advisory, management and due diligence services to companies seeking expansion and growth. Our team of industry professionals provides:

  • Market Research
  • Sales Process Improvement & Expansion
  • Competitive Benchmarking
  • Balance Sheet Evaluation
  • Capital Structure Review
  • Legal Due Diligence
  • Corporate Governance Review
  • Strategic Planning

Safe Harbor Act: This communication includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this communication.

Contact:
Connectyx Technologies Holdings Group, Inc.
Investor Relations
772-600-2581

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...