International Merchant Advisors Enters Into Negotiations to Acquire Good Health Network
Marketwire “Press Releases “
NASHVILLE, TN — (MARKET WIRE) — 11/08/10 — International Merchant Advisors, Inc. (PINKSHEETS: IMAI) announces that it has entered into negotiations to acquire a majority stake in Good Health Network, Inc.
Good Health Network, Inc. (“GHN”) provides secure, trusted IT solutions for identity management, authentication and access control for healthcare medical data.
The electronic healthcare IT segment is expected to blossom into a 5 billion dollar a year market in 2011 expanding into a 15 billion dollar market by 2015.
GHN has unique proprietary technology to provide the world-at-large with state of the art electronic identity proofing and secure personal electronic health records.
“We believe the future of securing and authentication of personal health records lies in the further development and implementation of Good Health Networks technology,” said Gordon Getz , CEO of International Merchant Advisors . Getz continues; “Through this acquisition, we will expand our healthcare industry investments and bring secured healthcare records to industry professionals, customers and organizations worldwide.”