New Mexico Software Enhances Technology Staff to Support Anticipated Sales Growth
Cody Pisto Named VP Engineering. Core Technology Developer Rafael Rubio Promoted to Senior Vice President
ALBUQUERQUE, N.M., March 8, 2011 /PRNewswire/ -- New Mexico Software, Inc. (OTC Bulletin Board: NMXC) announced today enhancements to its technology staff in response to anticipated demand for the company's strong lineup of technology products that support medical IT services and solutions. The company recently announced new mobile medical applications for remote healthcare diagnosis that use telemedicine solutions and run on Apple's iPad™, iPhone, iTouch, and Android products including the Samsung Galaxy tablet.
Dick Govatski, CEO, said, "We are extremely pleased to appoint Cody Pisto to the position of VP Engineering. Cody's expertise in open source, telemedicine and multiple language programming is going to be absolutely necessary as we move to handle increasing development demand. Cody started his career with New Mexico Software as an intern more than a decade ago while still attending high school. Subsequently he left to study computer science at the University of Arizona and the University of Washington before rejoining us to help develop the XR-Express platform. Cody's experience in software engineering will ensure our new products are designed with market-leading technology and reliability.
"We are also delighted to announce that Rafael Rubio, currently VP Product Development and Technology, has been promoted to Senior Vice President. Rafael has been with New Mexico Software for 12 years and is responsible for the core technology developed by the company.
"With significant revenue growth prospects, it is necessary to recruit top engineering management talent to our software staff. Adding incremental products and services that we can provide to our present and future customer base will leverage our ability to increase revenues. We've already begun an aggressive program to expand our top-line revenue growth during 2011, enhance our gross profit margins and increase shareholder value. This will be structured so as to be accretive and non-dilutive on a per-share basis," Govatski added.
About New Mexico Software, Inc.
New Mexico Software, Inc. develops and provides medical IT services and solutions that enable improved and faster communication within the preventative, comprehensive and critical healthcare segments. New Mexico Software also provides software and hardware that streamlines administrative processes for a more efficient working environment. For more information, visit www.nmxc.net or www.nmxs.com or contact Dick Govatski, president and CEO, at 505-255-1999 or [email protected].
An investment profile on New Mexico Software may be found at www.hawkassociates.com/profile/nmxc.cfm. To receive future releases in e-mail alerts, sign up at www.hawkassociates.com/about/alert.
For more investor-related questions contact Frank Hawkins, Hawk Associates, at 305-451-1888 or [email protected].
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's Forms 10-K and 10-Q filed with the SEC.
SOURCE New Mexico Software, Inc.
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