Welcome!

Machine Learning Authors: Zakia Bouachraoui, Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan

News Feed Item

Connectyx Technologies Holdings Group, Inc. Decreases Net Loss by 70% for the First Quarter of 2009 Versus First Quarter 2008

Company Posts Unaudited Financials on Pink Sheets

PALM CITY, FL -- (Marketwire) -- 04/27/09 -- Connectyx Technologies Holdings Group, Inc. (PINKSHEETS: CTYX) announced that the Company has posted its unaudited financial statements for the first quarter of 2009 on Pink Sheets. The Company decreased its net loss by 70% for the first quarter of 2009 as compared to the first quarter of 2008. Connectyx had a net loss of $33,222 for the first quarter of 2009 versus a net loss of $110,801 for the same period in the previous year. The decrease in net loss as compared to the prior year is attributed to both an increase in revenues as well as being able to stream line expenses. The Company decreased expenses by over 33% for the first quarter of 2009 as compared to the first quarter of the prior year.

Connectyx posted revenues of $94,935 for the first quarter of 2009 versus revenues of $81,437 for the first quarter of 2008, an increase of 16.5%. Over the past year, the Company has launched a strategic marketing campaign for its MedFlash product, which is an easy to use personal health and lifestyle record and portal. MedFlash can be purchased online or at select pharmacies such as Fred Meyers, HEB, and Ralphs, amongst others. The Company also has partnership agreements with Drugstore.com and Air Ambulance Services, which will help increase the sales of MedFlash and other solutions and services offered by Connectyx.

"We are excited about the results Connectyx has achieved over this past year. We will continue to fulfill our business strategy, which entails becoming a major player in the electronic medical records industry," stated Ronn Schuman, President and CEO of Connectyx Technologies Holdings Group, Inc.

To view Connectyx unaudited financial statement for the first quarter of 2009, please go to http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20634

About Connectyx Technologies Holdings Group, Inc.

Connectyx Technologies provides products in the healthcare market, which includes its Personal Health Record, MedFlash. The MedFlash product is an easy to use Personal Health and Lifestyle Record & Portal that is USB flash drive enabled. MedFlash contains an emergency flash drive with a Web portal and 24/7 emergency call center access, which contains the owner's complete medical and key related information. Stored information on the MedFlash can be accessed on any computer, securely with complete privacy for the members. For more information, please visit www.connectyx.com and www.medflash.com

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Public Relations:
Big Apple Consulting USA
1 407-389-5900

Investor Relations:
Consulting for Strategic Growth
Stanley Wunderlich
CEO
Phone: 1-800-625-2236
Fax: 646-205-7771
Email: Email Contact
http://www.cfsg1.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

CloudEXPO Stories
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments that frequently get lost in the hype. The panel will discuss their perspective on what they see as they key challenges and/or impediments to adoption, and how they see those issues could be resolved or mitigated.
In today's always-on world, customer expectations have changed. Competitive differentiation is delivered through rapid software innovations, the ability to respond to issues quickly and by releasing high-quality code with minimal interruptions. DevOps isn't some far off goal; it's methodologies and practices are a response to this demand. The demand to go faster. The demand for more uptime. The demand to innovate. In this keynote, we will cover the Nutanix Developer Stack. Built from the foundation of software-defined infrastructure, Nutanix has rapidly expanded into full application lifecycle management across any infrastructure or cloud .Join us as we delve into how the Nutanix Developer Stack makes it easy to build hybrid cloud applications by weaving DBaaS, micro segmentation, event driven lifecycle operations, and both financial and cloud governance together into a single unified st...
SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, we are the world's third largest independent software manufacturer. Harness the power of your data and accelerate trusted outcome-driven innovation by developing intelligent and live solutions for real-time decisions and actions on a single data copy. Support next-generation transactional and analytical processing with a broad set of advanced analytics - run securely across hybrid and multicloud environments.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also received the prestigious Outstanding Technical Achievement Award three times - an accomplishment befitting only the most innovative thinkers. Shankar Kalyana is among the most respected strategists in the global technology industry. As CTO, with over 32 years of IT experience, Mr. Kalyana has architected, designed, developed, and implemented custom and packaged software solutions across a vast spectrum o...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, will discuss how this same philosophy can be applied to highly scaled applications, and can dramatically increase your resilience to failure.