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
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis tool. It is an extremely lightweight tool that can integrate with pretty much any build process right now," explained Andrew Siegmund, Application Migration Specialist for CAST, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
"Cloud computing is certainly changing how people consume storage, how they use it, and what they use it for. It's also making people rethink how they architect their environment," stated Brad Winett, Senior Technologist for DDN Storage, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...