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."
