LOS ANGELES, CA -- (Marketwired) -- 12/18/14 --
MMRGlobal, Inc. (OTCQB: MMRF) ("MMR") today called attention to the Company's Million Dollar Cyber Liability Insurance program whereby the protected health information of patients, subscribers, employers and healthcare professionals stored in MMR's MyMedicalRecords Personal Health Record ("PHR") systems is protected against unauthorized intrusion under the program. The Cyber Liability Insurance program also includes protection from actual loss or damage caused in defending violations of expanded HIPAA regulations under the HITECH Act, which provides for significant financial penalties. The MMR program is backed by an A-rated insurance company as reviewed by A.M. Best who underwrites the underlying Cyber Liability coverage extending to MyMedicalRecords' users.
The MyMedicalRecords PHR, available online at MyMedicalRecords.com and through major retailers, is an interoperable, turnkey solution for patients and up to 10 family members to securely store all their protected medical information, regardless of the originating healthcare provider, in one secure location and safely access it wherever and whenever it is needed, especially in emergencies. Moreover, as patients take greater responsibility for their health and healthcare costs, having access to their complete medical history from any doctor, hospital or pharmacy is invaluable to help avoid unnecessary co-pays and duplicate testing and other costs of care.
MMR has invested millions of dollars in encrypted storage solutions for its Personal Health Record systems resulting in an image-based document management solution that is effectively interoperable with Electronic Medical Record systems globally. A PHR such as MyMedicalRecords can also enable families to be better prepared in the event of a medical emergency or disaster by having potentially lifesaving information immediately available to first responders and emergency room personnel anywhere in the world.
MMR, a practicing entity and provider of both Personal Health Record products and services and the MyEsafeDepositBox solution, an online site for consumers to securely store important legal, financial, insurance and other important documents as well as medical and personal health information, also owns and licenses worldwide health information technology patents and other intellectual property rights. Through its wholly owned subsidiary, MyMedicalRecords, Inc., the Company has a health IT patent portfolio consisting of 13 issued U.S. patents, 17 pending U.S. applications, and numerous issued patents and pending applications in other countries or regional authorities of commercial interest including Australia, Singapore, New Zealand, Mexico, Japan, Canada, China, Hong Kong, South Korea, Israel and Europe. Issued U.S. patents currently include U.S. Patent Nos. 8,301,466; 8,352,287; 8,352,288; 8,121,855; 8,117,646; 8,117,045; 8,321,240; 8,498,883; 8,626,532, 8,645,161; 8,725,537; 8,768,725 and 8,775,212, as well as additional applications and continuation applications involving inventions pertaining to Personal Health Records, Patient Portals and other Electronic Health Record systems. The most recently issued U.S. patent, U.S. Patent No. 8,775,212, represents MMR's first Clinical Trials patent and includes 18 claims directed to methods and systems that provide for self-reporting being used to create Electronic Health Records for purposes including Clinical Trials.
About MMRGlobal, Inc.
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, retail pharmacies, and professional organizations and affinity groups. The MyMedicalRecords PHR enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. MyMedicalRecords is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. Through its merger with Favrille, Inc. in January 2009, the Company acquired intellectual property biotech assets that include anti-CD20 antibodies and data and samples from its FavId™/Specifid™ vaccine clinical trials for the treatment of B-Cell Non-Hodgkin's lymphoma. To learn more about MMRGlobal, Inc. visit www.mmrglobal.com. View demos and video tutorials of the Company's products and services at www.mmrtheater.com. Follow us on Facebook.com/MMRGlobal and Twitter.com/mmrglobal.
All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on MMR's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause MMR's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; MMR's ability to develop, license and monetize its patents in the portfolio for both MMR's health IT and biotechnology IP assets; the timing of milestone payments in connection with licensing its IP; reliance upon the successful operations of its business partners in selling MMR's products and services; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; risks related to a security breach by third parties; changes in government laws and regulations and future changes in legislation and initiatives in the healthcare industry; MMR's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of personal and electronic medical records. These factors and others are described in more detail in MMR's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in MMR's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on MMR's website (www.mmrglobal.com) under the heading "Investor Relations." MMR is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
Public Communications Co.
Source: MMRGlobal, Inc.