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NEW YORK, NY -- (Marketwired) -- 04/11/14 -- Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) ("Worldwide") announced today that the company has completed an initial investment into TeleMedCare LLC (www.telemedcare.us).
TeleMedCare has a complete solution to telemedicine. The TeleMedCare solution provides remote viewing and intelligent reporting of a full range of vital signs and health questionnaires, with specific applications to care for patients at home, in a care facility or in the community.
TeleMedCare's proprietary equipment and software, developed in Australia, are the core of this complete solution. It is the result of many years of development, combining clinical excellence and design to deliver a high quality, user friendly experience. TeleMedCare is currently finalizing initial contracts for $3m in North America. TeleMedCare will be exhibiting at the American Telemedicine Association Trade Show in Baltimore, Maryland from May 17 to May 20, 2014.
Telemedicine is the remote delivery of healthcare services and clinical information using telecommunications technology. This includes a wide array of clinical services using internet, wireless, satellite and telephone media. It is a rapidly growing component of the $2 Trillion dollar healthcare market in the United States.
The company also announced that it expects the audited statements for its listing to be completed by June 30, 2014.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We are excited about this investment and see strong potential growth for this technology in the healthcare market. We continue to add companies to our diversified holdings in the healthcare sector to increase our shareholder value."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About TeleMedCare
TeleMedCare LLC (www.telemedcare.us) provides remote viewing and intelligent reporting of a full range of vital signs and health questionnaires, with specific applications to care for patients at home, in a care facility or in the community.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470
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