• 04.08.2006, 15:59:42
  • /
  • OTE0004

Medify Solutions Limited - CEO Initial Assessment Statement

Gateshead, England (ots/PRNewswire) - From the 1st July 2006 Ian
O'Reilly was appointed the Group CEO of the Medify Solutions (OTC:
MFYS) group of companies. One month into the role, O'Reilly provides
the following assessment as to the state of the business.

"It has been obvious from the outset of my involvement with Medify
that massive potential exists for the Company, the products and this
emerging market. Having now been actively involved in the past month,
nothing I have uncovered is contrary to that viewpoint. Whilst for my
leadership of the management team it is relatively early days, the
past month has seen the resolution of a number of historic and long
overdue issues. This has enabled the move of the business onto a more
sound commercial, administrative, delivery and operational footing.

"As with all businesses at this stage of development, Medify have
a long journey ahead, however, I am confident that we now have a
clear and achievable route plan to the delivery of the short term and
strategic goals that Medify must achieve. We remain on plan to
deliver to the UK NHS for the first week of September and the move to
an in-house based product suite is progressing to plan. All key
strategic partners continue to be engaged on the Medify routes to
market, with a number of new relationships to be announced in due
course."

Pertinent to the announced go live date, preparation for the
MedifyRemote roll out is under way as shown by the Medify Solutions
feature in the Summer 2006 edition of the National Association of
Primary Care Review national publication. Full report on this article
can be seen on the home page at www.medifysolutions.com or a copy of
the full review can be obtained via www.napc-review.co.uk.

This news release contains forward-looking statements that are
subject to certain risks and uncertainties that may cause actual
results to differ materially from those projected on the basis of
such forward-looking statements. The words "estimate," "project,"
"intends," "expects," "believes," and similar expressions are
intended to identify forward-looking statements. Such forward-looking
statements are made based on management's beliefs, as well as
assumptions made by, and information currently available to,
management pursuant to the "safe-harbour" provisions of the Private
Securities Litigation Reform Act of 1995. For a more complete
description of these and other risk factors that may affect the
future performance of Medify Solutions Limited, see "Risk Factors" in
the Company's Annual Report on Form 10-KSB and its other filings with
the Securities and Exchange Commission. Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak
only as of the date made and the Company undertakes no obligation to
disclose any revision to these forward-looking statements to reflect
events or circumstances after the date made or to reflect the
occurrence of unanticipated events.

Company website: www.medifysolutions.com

Rückfragehinweis:
For further information: press@medifysolutions.com

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | PRN

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