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QTUM Defiance Quantum ETF

57.72
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Name Symbol Market Type
Defiance Quantum ETF AMEX:QTUM AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 57.72 0 00:00:00

The Quantum Group Reaches WebServices Agreement With Second County Medical Society in Florida

09/02/2005 4:00pm

PR Newswire (US)


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The Quantum Group Reaches WebServices Agreement With Second County Medical Society in Florida WELLINGTON, Fla., Feb. 9 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (OTC:QTUM) (BULLETIN BOARD: QTUM) announced that it has reached an agreement with a second Florida Medical Society to provide the organization with a state-of- the-art website that is both interactive and educational. Collectively, through this newly established agreement and the previously announced relationship with the Broward County Medical Association, the two medical organizations represent approximately 2,000 physicians who provide care to over 2 million patients. "We intend to provide a new platform for select medical societies to facilitate interaction, education and information with the public at large and to the members of the medical society," commented Noel J. Guillama, president of The Quantum Group, Inc. Guillama added, "Through our division Quantum Medical WebServices, we seek to create an online community for the society's physician membership, and for the patients for whom they provide care. A local medical society is an invaluable resource -- our intent is to increase the positive awareness of the society and to provide an additional benefit of membership for its physician members." Quantum expects to unveil the new site by the end of the month with other Florida-based sites subsequently following soon after, and has announced that it is in serious discussions with medical societies throughout the nation as it anticipates a slow and controlled nationwide roll-out in 2006-2007. The first medical society website built through this initiative was for the Broward County Medical Association and can be found at http://www.bcma.com/ . The websites developed by Quantum Medical WebServices contain valuable content from leading-edge information providers. Additionally, Quantum has agreed to share a portion of the revenues derived through educational sponsorship opportunities on the site with the society. Next steps include creating secure e-mail from physician to physician and from physician to patient, establishing a physician search engine, implementing scheduling options and potentially enabling a full expansion to an electronic medical records information platform. Mr. Guillama further commented, "A recent study was conducted by Manhattan Research, LLC (June 8, 2004) entitled '366,000 Physicians Trying to "Connect" with Professional Societies Online.' This research confirmed that physicians are more often seeking additional online information and education, and deemed that the majority of professional societies, to which these physicians belong, are currently missing these opportunities." What's more, another study conducted by the Pew Internet and American Life Project concluded that eighty percent of adult Internet users (which equates to almost half of Americans over 18 years of age) have searched for information online about at least one major health topic. The Quantum Group, Inc. is a Wellington, Florida-based healthcare company, providing outsourcing, technology-based solutions, government compliance, education, policy consulting and venture management to the healthcare industry. Quantum is currently involved in: outsourcing for physicians, managed care organizations, healthcare facilities, and physician associations; developing three patent-pending healthcare solutions identified as Cybernaptics(SM), Quantum Quotient(SM) (or QX2(SM)) and MDAutomated(SM), all with the intention to provide new efficiencies to the $1.79 trillion U.S. healthcare system; and providing leading-edge healthcare services to consumers. The Quantum Group -- "healthcare solutions for a new generation."(SM) Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-K, 10-Q, S-8 and 8-K filings, that may cause actual results to materially differ from projections. Although the company believes that its expectations are reasonable assumptions within the bounds of its knowledge of its businesses and operations; there can be no assurance that actual results will not differ materially from their expectations. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the company's ability to execute properly its new business model, to raise additional capital to implement new business model, the ability to attract and retain personnel, and the inherent risk associated with a diversified business to achieve positive cash flow. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this report will, in fact, occur. Media Contact: Danielle Amodio Director of Corporate Communications The Quantum Group, Inc. 561.798.9800 DATASOURCE: The Quantum Group, Inc. CONTACT: Media, Danielle Amodio, Director of Corporate Communications, The Quantum Group, Inc., +1-561-798-9800 Web site: http://www.thequantumgroupinc.com/ http://www.bcma.com/

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