MediSwipe Updates Shareholders on 800 Commerce, Inc. and S-1 Registration Statement Filing
LOS ANGELES, CA, Dec 13, 2012 (MARKETWIRE via COMTEX) --
MediSwipe Inc. (www.MediSwipe.com) (OTCQB: MWIP) (OTCBB: MWIP), a
merchant payment solutions and financial security products company
for the medical health care industry, announced today that 800
Commerce, Inc. has filed the first amendment to the Form S-1 on
Friday, December 7, 2012 with the Securities and Exchange Commission.
Upon approval of the Form S-1, 800 Commerce, Inc., will then complete
the process for its shares to be listed on the OTCQB exchange.
MediSwipe plans to spin-off the shares it owns in 800 Commerce to
MediSwipe's shareholders on a date determined by the Board of
Directors once the S-1 is deemed effective by the Securities And
"Completing the 800 Commerce S-1 Registration Statement demonstrates
our commitment to add shareholder value and begin to commercialize
our mobile technology assets."
B. Michael Friedman, MediSwipe's CEO, stated, "The Amended filing of
the 800 Commerce S-1 Registration Statement demonstrates our
commitment to add shareholder value and begin to commercialize our
mobile technology assets. We are pleased to be able to offer
MediSwipe shareholders of record a stock dividend in 800 Commerce,
giving our investors the opportunity to participate in two distinct
plays, the first within the exciting healthcare and medical marijuana
sector through MediSwipe, and the second, within the mobile payments
and marketing sector through 800 Commerce," further stated Friedman.
800 Commerce recently announced the launch of its' first telehealth
portal www.My800Doctor.com, allowing patients the ability to make
appointments online and actually speak to a personal physician
through a telemedicine application for immediate needs for limited
diagnoses and filling of prescriptions online. Members are also
eligible for a discount drug program through partnerships with
Humana, digital personal health records and low cost medical care for
the uninsured. The site has also recently been approved by all mobile
carriers including Verizon, AT&T, Nextel, Sprint and others for the
newly enabled mobile platform to set and verify appointments with
doctors of choice via smartphones.
About MediSwipe Inc.
MediSwipe Inc. (www.MediSwipe.com) offers a full spectrum of secure
and reliable transaction processing and security solutions for the
medical and healthcare industries, using traditional, Internet
Point-of-Sale (POS), e-commerce and mobile (wireless) payment
solutions. The Company now also offers digitized personal health
records in conjunction with Industry Alliance Partners and e-commerce
businesses specializing within the healthcare sector.
About 800 Commerce Inc.
800 Commerce (www.800Commerce.com) provides white label mobile and
payment solutions for business designed to drive return on investment
for high-volume clients and/or customized branded advertisers. Our
platform and tools are designed to enable large brands or anyone with
substantial reach to utilize the mobile device as a new means to
communicate. Communication might be in the form of an advertisement
or offer, coupon or reminder message in voice or Short Message
Service (SMS). Regardless of the form, our platform can drive value
and cost savings for companies large and small and the ability to
drive contextually relevant advertising messages to the right
This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934, and is subject to the Safe Harbor created by those sections.
This material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to
risks and uncertainties. Such forward-looking statements by
definition involve risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of MediSwipe
Inc. to be materially different from the statements made herein.
Â MediSwipe Inc.
Â Investor Relations:
Â <span style="text-decoration:underline">info@MediSwipe.com</span>
SOURCE: MediSwipe, Inc.
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