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MMRGlobal now licensed to operate in China

Source:MMRGlobal, Inc. Release Date:2012-08-03 230
Medical Equipment
MMRGlobal has received a 30-year business operation license to operate in China

LOS ANGELES, CA – MMRGlobal, Inc. announced July 2, 2012 that it has received its official business license from the Chinese government to operate Unis Tonghe MMR International Health Management Service Co., Ltd. This is a joint venture between MMRGlobal and Unis-Tonghe Technology (Zhengzhou) Co., Ltd.

The 30-year license enables the company to develop medical information management software, medical information technology software, health records management systems, and provision of related services, including the Company's Personal Health Record systems.

"This is a significant development for MMRGlobal and the MMR Unis Joint Venture as we now have the green light to begin selling a suite of health information technology products and services and Personal Health Records into the Chinese market, with a population of almost a billion-and-a-half people. The Chinese government is committed to establishing a healthcare system that utilizes the latest technologies to improve patient care and reduces costs, which MMR is proud to be part of. China is working hard to build complete healthcare solutions, upgrading hospitals and converting to digitized recordkeeping so they have greater capability to track and predict the health needs of its citizens. Our Joint Venture with Unis-Tonghe, which initially offers services in Henan Province with a population of more than 100 million, is already underway and can generate revenue to the Joint Venture. Mr. Luo, Unisoft Group Vice President and Chairman, was our guest in Los Angeles on June 20, where we discussed how we would handle the secure transfer of MMR software, patents and technology for deployment in China in view of the official issuance of our business license through 2042,” said Bob Lorsch, Chairman and CEO of MMRGlobal.

Through its wholly-owned operating subsidiary adidas

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