MTBC Announces Partnership with Fogo Data Centers
12 May 2017 - 12:21AM
Marketwired
MTBC Announces Partnership with Fogo Data Centers
SOMERSET, NJ-(Marketwired - May 11, 2017) - MTBC (NASDAQ: MTBC)
(NASDAQ: MTBCP), a leading provider of mHealth and cloud-based
clinical and practice management solutions, today announced its new
partnership with Fogo Data Centers, a leading provider of data
hosting and cloud solutions to hospitals and medical groups
throughout the United States.
Fogo Data Centers delivers advanced cloud hosting technologies
and world-class customer service for growing enterprises
nationwide. They deliver products and services through a network of
owner-operated SOC II, HIPAA and PCI compliant regional data
centers.
"We are thrilled to unveil our new collaboration with Fogo, a
recognized leader in healthcare data management, including complex
electronic medical record transitions for large healthcare
providers," said Karl Johnson, SVP, Sales and Marketing for MTBC.
He continued, "Since we provide related, but distinctly separate
services, we believe we can each help each other enhance our value
to both current and potential customers."
"We specialize in providing services to clients who are looking
to enhance their IT infrastructure and partners seeking to increase
revenue and provide expanded services to their end users," said
William G. Esslinger, Jr., Fogo Data Centers' CEO. Esslinger added,
"MTBC presents us with an exciting opportunity to develop synergies
between our respective solutions, and we look forward to working
together."
The partnership between MTBC and healthcare-centric Fogo Data
Centers was officially launched on May 10, 2017. The respective
firms will cross-market their services and collaborate on potential
service offerings.
About MTBC
MTBC is a healthcare information technology company that
provides a fully integrated suite of proprietary web-based
solutions, together with related business services, to healthcare
providers throughout the United States. Our integrated
Software-as-a-Service (SaaS) platform helps our customers increase
revenues, streamline workflows and make better business and
clinical decisions, while reducing administrative burdens and
operating costs. MTBC's common stock trades on the NASDAQ Capital
Market under the ticker symbol "MTBC," and its Series A Preferred
Stock trades on the NASDAQ Capital Market under the ticker symbol
"MTBCP."
Forward-Looking Statements
This press release contains various forward-looking statements
within the meaning of the Securities Act of 1933, as amended, and
the Securities Exchange Act of 1934, as amended. These statements
relate to anticipated future events, future results of operations
or future financial performance. In some cases, you can identify
forward-looking statements by terminology such as "anticipate",
"believe", "continue", "could", "estimate", "expect", "goals",
"intend", "likely", "may", "plan", "potential", "predict",
"project", "will" or the negative of these terms or other similar
terms and phrases.
Our operations involve risks and uncertainties, many of which
are outside our control, and any one of which, or a combination of
which, could materially affect our results of operations and
whether the forward-looking statements ultimately prove to be
correct. Forward-looking statements in this press release include,
without limitation, statements reflecting management's expectations
for future financial performance and operating expenditures,
expected growth, profitability and business outlook, increased
sales and marketing expenses, and the expected results from the
integration of our acquisitions.
Forward-looking statements are only current predictions and are
subject to known and unknown risks, uncertainties, and other
factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from those
anticipated by such statements. These factors include, but are not
limited to, the company's ability to manage growth; integrate
acquisitions; effectively migrate and keep newly acquired customers
and other important risks and uncertainties referenced and
discussed under the heading titled "Risk Factors" in the Company's
filings with the Securities and Exchange Commission. Although we
believe that the expectations reflected in the forward-looking
statements contained in this press release are reasonable, we
cannot guarantee future results, levels of activity, performance,
or achievements.
The statements in this press release are made as of the date of
this press release, even if subsequently made available by the
Company on its website or otherwise. The Company does not assume
any obligations to update the forward-looking statements provided
to reflect events that occur or circumstances that exist after the
date on which they were made. For additional information, please
visit our website at www.mtbc.com. Follow MTBC on TWITTER, LINKEDIN
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SOURCE MTBC
Company and Investor Contact: Bill Korn Chief Financial Officer
Medical Transcription Billing, Corp. bkorn@mtbc.com
732-873-5133
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