Wound Management Sells Non-Core Subsidiary; Intends to Focus on CellerateRX and Medical Device Business

 

FORT WORTH, Texas, February 7, 2012 PRNewswire-FirstCall — Wound Management Technologies, Inc., (OTCQB: WNDM | WNDM.PK), an emerging  innovator in advanced wound care solutions, today announced that it has sold its wholly-owned subsidiary, Secure eHealth, LLC (“Secure eHealth”), to two entities that previously financed the acquisition of Secure eHealth  by WNDM in January 2010.  In consideration thereof, the two entities agreed to cancel approximately $213,000 principal of, and accrued but unpaid interest on, promissory notes owed by Wound Management to such entities.  In addition, as a condition of such transaction, three holders of promissory notes of Wound Management aggregating $300,000 in principal amount, agreed to the assignment of such promissory notes to Secure eHealth.  In total, over $500,000 in debt was removed from the balance sheet of Wound Management.

Secure eHealth Health Information Exchange integration shown at HIMSS 2011 Interoperability Showcase as part of GSI Health technology demonstration

FORT WORTH, Texas, February 22, 2011 PRNewswire-FirstCall -- Wound Management Technologies, Inc., (WNDM) announced today that Secure eHealth’s secure messaging and data delivery solution, CifraHC will be included as part of GSI Health’s demonstration of a system capable of securely transporting clinical documentation in a fully integrated, multiple partner solution during the 2011 HIMSS Interoperability Showcase February 21 – February 24 in Orlando Florida.

Wound Management Technologies announces Secure eHealth technology to be included during HIMSS 2011 Interoperability Showcase

FORT WORTH, Texas, January 26, 2011/PRNewswire-FirstCall/ -- Wound Management Technologies, Inc., (WNDM: OTCQB) an emerging leader in advanced wound care solutions, announced today that its  secure messaging and data delivery solutions provider, Secure eHealth will be included in a technology demonstration during the Interoperability Showcase at the 2011 HIMSS Conference February 21st-24th at the Orange County Convention Center in Orlando, FL. The showcase is the nation’s premier forum to highlight the Integrating the Healthcare Enterprise’s (IHE) common framework for interoperability across local, regional and national health information exchanges (HIEs). The HIMSS (Health Information Management and Systems Society) conference, considered the largest gathering of healthcare IT in the nation, regularly draws between 25,000 and 30,000 healthcare IT professionals and executives from around the world interested in the latest advances in the industry.

Press Releases