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Metiscan Subsidiary Announces Partnership Agreement With The Estate Vault

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  Published in House and Home on Tuesday, November 3rd 2009 at 7:05 GMT by Market Wire
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DALLAS, TX--(Marketwire - November 3, 2009) - [ Metiscan, Inc ]. (PINKSHEETS: [ MTIZ ]), a holding company focused on growing its organization by making key acquisitions and developing companies and emerging technologies, announced today that its wholly owned subsidiary, FirstView EHR, Inc ([ FirstView ]), has entered into a partnership agreement with [ The Estate Vault, Inc. ] (PINKSHEETS: [ TEVI ]), whereby FirstView, through its clients, will directly market to patients the ability to view their diagnostic imaging reports online using The Estate Vault's comprehensive electronic online repository for consolidating and protecting medical, personal, financial, and legal records. Through this partnership, FirstView has the potential to generate new revenues that may exceed one half million dollars over the next three years.

"As part of our partnership, collectively we will create a HIPPA compliant electronic interface linking our synergistic systems together such that patients will have direct access to their imaging reports. This opportunity provides us with the ability to increase our footprint by engaging patients through one-on-one sessions and educating them about the medical, personal, financial, and legal benefits of becoming a subscriber to our service," commented Boyd Soussana, CEO, The Estate Vault. "We look forward to the cascading referrals this partnership will provide and the thousands of new subscribers we anticipate this partnership will generate."

"This is a great opportunity to extend the reach of FirstView's services directly for use by the patient," commented Bryan A. Scott, President & CEO of Metiscan, Inc. "This partnership also provides us with the opportunity to potentially generate in excess of one half million dollars in new revenues over the next three years. More so, it will enable FirstView the ability to position its service to include delivery of the patient record directly to the patient as part of our workflow."

About The Estate Vault, Inc.

The Estate Vault, Inc. was developed as a user-friendly solution for the daunting task of organizing and storing all financial, personal, legal and medical documents and information, up to date and in a single, secured location. Together with its strategic product partners, The Estate Vault has packaged its unique, "information vault" application into the end-user's choice of three distinct computer-based mediums: locally- or PC-based; Web-based, and: USB flash drive-based, the latter of which not only stores the user's information but also includes the executable application housed internally. All three methods enable the end-user secured, autonomous control of the storage and retrieval of the stored data.

The Estate Vault intends to become the leader in value added products and services to the financial services and direct to consumer industry by providing a product and service at a low price point and then leveraging patent pending technology known as IntelliAD and IntelliBrand to maximize brand awareness. For additional information, please visit: [ www.estatevault.com ].

About Metiscan, Inc.

Metiscan, Inc. is a holding company focused on growing its organization by making key acquisitions and developing companies and emerging technologies. Previously, Metiscan had been focused on healthcare related businesses and is currently pursuing acquisitions and opportunities related to healthcare and non-healthcare products and services.

Metiscan operates FirstView EHR, Inc., a wholly owned subsidiary, that provides end-to-end IT services for diagnostic imaging facilities including web-based electronic healthcare records (EHR), workflow efficiency, PACS administration, long-term archiving, professional IT services and strategic consulting. Metiscan operates Schuylkill Open MRI, Inc., a majority owned subsidiary that is an independent diagnostic testing facility (IDTF) providing Magnetic Resonance Imaging (MRI) services. Metiscan also operates Taptopia, Inc., a wholly owned subsidiary that provides design and development services for Smartphone platforms. Metiscan also operates Shoreline Employment Services, Inc., a wholly owned subsidiary that provides employment services and benefits to all of Metiscan's subsidiaries and intends to provide such services to third parties in the future.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports filed with Pink Sheets.