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New Mexico Software Launches Company's First International Telemedicine Service

To Provide Diagnostic Imaging for Heart Institute of the Caribbean (HIC)


News provided by

New Mexico Software, Inc.

Feb 22, 2011, 09:00 ET

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ALBUQUERQUE, N.M., Feb. 22, 2011 /PRNewswire/ -- New Mexico Software, Inc. (OTC Bulletin Board: NMXC), a developer of medical IT services and solutions that enable improved and faster communication within the healthcare community, announced today that it has signed an agreement to provide diagnostic imaging services for the Heart Institute of the Caribbean (HIC) in Kingston, Mandeville and Ocho Rios in Jamaica.

HIC is now sending nuclear and other exams to the TeleRad subsidiary of New Mexico Software. Despite the high prevalence of cardiovascular diseases in Jamaica, there was previously no identifiable center of excellence in this region for cardiovascular care. HIC has filled the gap, bringing affordable, high quality healthcare to the local environment.

The agreement between New Mexico Software and HIC represents an innovative use of medical Internet technology to bridge the human resource gap and enhance the provision of high quality medical care in an underserved region.

"It has been our mission at HIC to provide affordable, high quality, cardiovascular and general medical care in the Caribbean," said Dr. Ernest Madu, founder and CEO of HIC. The partnership with Telerad now allows the average Jamaican to have access to international experts and world-class care without geographical limitations or additional expense. We are always looking to develop partnerships that align or facilitate our mission to improve access and affordability of superior healthcare locally. We are excited about this partnership with Telerad that enables us to further realize our vision at HIC."

CEO Dick Govatski said, "We are delighted that Telerad services have been selected by HIC, the premier center of excellence for cardiovascular care in the English speaking Caribbean. Our shared vision of open access to high quality medical care through innovative use of technology to bring expertise to remote locations has been realized by this agreement. We are excited about opening our first international service with HIC and we see great opportunities for further collaboration."

About the Heart Institute of the Caribbean

The Heart Institute of the Caribbean (HIC) is the premier center of excellence for cardiovascular care in the English speaking Caribbean. HIC has been leading the way in the fight against heart and vascular diseases in the Caribbean. Since its opening in Jamaica in 2005, the Heart Institute has been dedicated to preventing and treating heart and blood vessel diseases through appropriate use of leading-edge technology, research and education. The Heart Institute of the Caribbean believes in open access to the best medical care and concentrates on providing affordable, high quality evidence-based patient care and advanced treatment options to achieve better and optimal outcomes. For more information, visit www.caribbeanheart.com or contact Ernest Madu, MD, Chairman and CEO, at 876-906-2105-8 or [email protected].

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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