LOS ANGELES, Feb. 5, 2013 (GLOBE NEWSWIRE) -- MediSwipe Inc. ( www.MediSwipe.com) (OTCBB:MWIP), a patient security solutions and financial products company for the medicinal marijuana and health care industry, today announced that the Company has received new order requests from several medical marijuana dispensaries for its digital patient identification cards and MediPay kiosks. MediSwipe will provide at least 5,000 new digital record cards for patients in conjunction with three MediPay kiosks to Michigan based dispensaries. Patients will have their medical records scanned to an encrypted patient card, and use the cards for record keeping of transactions,, with the MediPay kiosks providing alternative forms of cash payments. MediSwipe shall receive monthly digital record storage fees similar to a virtual medical dropbox and patient portal application, as well as transaction fees similar to an ATM designed specifically around healthcare transactions All medical data will be stored with state-of-the-art security and encryption technology to protect users' data. Records are stored on servers which are housed in HIPAA compliant data centers in the USA. Each account is secured by a unique combination of User ID and passwords. In addition to passwords and data encryption, data access will be protected through multiple levels of network security to prevent unauthorized access and to help protect the privacy and integrity of customer data. Dispensary and pharmacy patients have complete ownership and control of their medical data 24x7x365. This means the patient may always view and manage his or her data at anytime and from any location simply by plugging in the card to any computer or transferring the data to a mobile device. The MediSwipe digital storage application is a secure and user-friendly way to backup and manage your medical records than with the MediSwipe electronic, web-based software and records storage patient ID cards.
"The MediPay Kiosks will provide a cash in /coupon voucher or payment card out option to reduce cash payment only options for medicine, and provide that service for about the same transaction fee as an ATM", stated B. Michael Freidman for MediSwipe. The second generation MediPay kiosks will provide direct payment to the states for state tax revenue ahead of today's proposed legislation in Oregon and Colorado. We would hope to have several thousand new patients on our digital health management system over the next two quarters," added Freidman.About MediSwipe Inc. MediSwipe Inc. ( www.MediSwipe.com) provides innovative patient solutions for electronically processing transactions within the medical marijuana and healthcare industry. MediSwipe provides terminal-based service packages and an integrated Web Portal add-ons for physicians, clinics, hospitals and medical dispensaries that include: digital patient records, Electronic Referrals, Credit/Debit Card merchant services, Check Guarantee and Accounts Receivable Financing. FORWARD-LOOKING DISCLAIMER 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.
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