SoloHealth Secures $1.8 Million Seed Round From Investors
ATLANTA, April 22 /PRNewswire/ -- SoloHealth, a hi-tech health services company based in Atlanta, GA, announced today that it has secured $1.8 million in financing from private investors, including the Atlanta Technology Angels (ATA) investment group. (Logo: http://www.newscom.com/cgi-bin/prnh/20080422/CLTU051LOGO ) "We are pleased that our investors have shown confidence in SoloHealth as we move forward with our deployment strategy," said Bart Foster, CEO and founder of SoloHealth. "The proceeds from this investment will provide us with the working capital to continue to validate our model in a number of additional market locations over the balance of the year." SoloHealth's inaugural product, EyeSite(TM), is a self-service vision- testing kiosk for use in high traffic retail environments. Through sophisticated optical software and an interactive video interface, users can accurately assess their distance and near vision -- free of charge. A printout indicates the results, provides eye health information, and refers the user to a participating eye care professional nearby. "We are delighted to invest in SoloHealth's first round of outside financing, said Knox Massey, managing director of the Atlanta Technology Angels. "We were highly impressed by Bart's passion and drive to bring the SoloHealth product to market. SoloHealth has created an innovative, technology platform that can positively influence vision health awareness for millions of people." SoloHealth announced last week that EyeSite won three Awards of Excellence, including "Best in Show" at the KioskCom Self Service Expo and The Digital Signage Show in Las Vegas. Past winners honored included: BMW, SONY, FedEx, AAA, the US Postal Service, Hilton Hotels, Sunoco, SAS, and ExxonMobil. Earlier this year, SoloHealth was selected as one of the 2008 "Top 40" Innovative Technology companies in Georgia by the Technology Association of Georgia (TAG), the state's leading technology organization. In addition, SoloHealth was accepted for membership by Georgia Tech's Advanced Technology Development Center (ATDC). About SoloHealth SoloHealth is an early stage startup positioned to capitalize on the growing consumer preference for self-directed healthcare services. SoloHealth's inaugural product, EyeSite(TM), is an interactive kiosk that provides a free customized vision report and then directs consumers to an eye care professional nearby. For more information about SoloHealth, please visit www.solo-health.com.
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