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Biosign Technologies Inc BITKF

Healthcare
Biosign Technologies Inc is a Canada based company engaged in the development and selling of cloud-based medical and healthcare software products. Its solutions have applications in clinic management, home care operations, health monitoring and virtual care management. The group derives its revenue from monthly recurring fees, one-time setup charges, training, professional services and the sale of hardware. The software is delivered through the cloud from the company's hosting facilities.


GREY:BITKF - Post by User

Biosign Technologies Inc > NEWS - Biosign Enjoys Success at Arab Health 2014
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Comment by theinvestor22on Feb 06, 2014 10:38am
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Post# 22179027

RE:NEWS - Biosign Enjoys Success at Arab Health 2014

RE:NEWS - Biosign Enjoys Success at Arab Health 2014As per their 29 November 2013 news release, the company spent a modest amount to repatriate the rights to the Middle East. Now they have inked an MOU which will see them receive a minimum of $5M in revenue over 60 months. This revenue should pretty well cover the company's core burn rate, meaning that those large contracts should add a lot to the bottom line going forward. Kudos to BIO management.
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