BOCA RATON, Fla., May 27, 2010 -- MedeFile International, Inc. (OTCBB: MDFI), a company specializing in portable electronic medical records management solutions, announced today that the Company has completed the next phase of its strategic plan and has converted all existing debt into restricted common stock.
MedeFile International, Inc. closed at $0.0046 Wednesday, trading 3,430,268 shares.
MedeFile Strengthens Balance Sheet by $900,000
About MedeFile International, Inc.
Headquartered in South Florida, MedeFile has a proprietary system for gathering and digitizing medical records so that individuals can have a comprehensive record of all of their medical visits. MedeFile's primary product is the MedeFile system, a highly secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of its members' actual medical records and create a single, comprehensive medical record that is accessible 24 hours a day, seven days a week. For more information about MedeFile and its annual subscription-based programs, please visit www.medefile.com
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YUCAIPA, Calif., May 27, 2010 -- Ingen Technologies, Inc. (PINKSHEETS: IGNT), a medical device manufacturer with an emerging new medical product line for the $4 billion U.S. and $8 billion global respiratory market, today announced that it will be featured in the HME Media Group's "Respiratory & Sleep Management" web publication.
Ingen Technologies, Inc. closed at $0.0007 Wednesday, trading 15,499,908 shares.
Ingen Products Gain Recognition Alongside GE Healthcare and Others
About Ingen
Ingen is an ISO Certified medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and a successful registration with the Food & Drug Administration. The company is establishing domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009 the SMART Nasal Cannula using Oxyview Technology was introduced as the world's first oxygen cannula with an in-line pneumatic oxygen flow meter. In 2010 the company introduced its new INGEN Pulse Oximeter. The Oxyview product line is available to the home care markets, commercial medical markets, aviation, automotive, and government sources. The company is licensed with the Department of Health and Human Services, and manufactures its products in the State of California. With approximately 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide, Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
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