February 20, 2007 Telehealth Patent License
WebVMC and Health Hero® Network Announce Patent License Agreement to Promote Remote Health Monitoring
CONYERS, GA - February 20, 2007 — WebVMC, a leading provider of virtual health care technology to manage health, and Health Hero Network, a leading developer and innovator of platforms and technologies for health management including the Health Buddy System, today announced that the companies have entered into a commercial patent cross license agreement. Under the terms of the royalty-bearing agreement, Health Hero Network has granted to WebVMC a worldwide license under select patent families of Health Hero Network to develop, manufacture and sell select products and services in the area of remote health monitoring and disease management. WebVMC has also granted a worldwide license for its select patent families to Health Hero Network. All the other terms of the agreement are confidential.
“Health Hero Network welcomes WebVMC, a prominent provider of healthcare delivery systems as a licensee under select patents of our portfolio,” said Steve Brown, president and chief executive officer of Health Hero Network. “We are pleased that this licensing decision by WebVMC represents another notable step toward creating added value for our shareholders.”
“We are seeing an incredible momentum for remote disease management, especially for the flexibility and customization available through software-based systems like our RemoteNurseTM,” said Bill Behnke, chief development officer for WebVMC. “This collaboration with Health Hero will continue to expand our product portfolio and support our aggressive marketing strategy.”
Adds Scott Sheppard, president and chief technology officer of WebVMC, “Because our unique, Internet-based program is adaptable in multiple settings and so user-friendly, we have expanded our client base to include school systems, community centers, churches and employers’ offices in addition to the traditional venues of home healthcare, assisted living and hospitals.”
About Health Hero Network
Health Hero Network develops and markets the Health Buddy System for health improvement. The Health Buddy System serves as the interface between patients at home and care providers, facilitating education and monitoring of patients with chronic conditions. The System includes monitoring technologies, clinical information databases, Internet-enabled decision support tools, health management programs and content development tools. Through increased communication, behavior modification, and prevention, the Health Buddy System improves the quality of patient care. Health Hero Network’s systems are protected by 58 issued US patents and over 90 patent applications. For information, contact Suneel Ratan, suneel@healthhero.com. https://www.healthhero.com.
About WebVMC
WebVMC provides virtual healthcare technology using the Internet to manage care for the person with a chronic illness, connecting the patient, caregiver and clinician for 24/7 disease management from any location, in multiple healthcare delivery systems — home care, hospitals and assisted living facilities. With innovative capabilities, such as audio tracks, touch-screen access and instant messaging, WebVMC’s products are user-friendly, comprehensive solutions that cost-effectively manage patients with chronic illness for better health status and better quality of life. For information, contact Bill Behnke, 210.240.9400, billbehnke@webvmc.com. http://www.webvmc.com.
