New Horizons for TeleMedCare UK London, UK 24 August 2010 TeleMedCare Limited, welcomes the appointment of Alan Payne as the Interim group CEO and Business Development Manager responsible for the global sales initiative and continued development of the TeleMedCare (TMC) e-health products. Alan is a Chartered Management Accountant with extensive Business Development experience that includes over 20 years in Healthcare, Technology and Capital Markets, bringing innovation, vision, knowledge, drive and the ability to deliver globally across multiple businesses and support functions. He has proven ability to commercially negotiate complex contracts, and a deep knowledge of developing sophisticated e-Health SOA platforms in a high pressure and diverse software business development environment in international cultures and organizations. Alan has worked at several major Financial Institutions, including CTO at JPMorganChase, Director of Finance Technology at Merrill Lynch and was a VP of Sales for Oracles Banking division in Asia Pacific. His most recent roles have been in consulting to TeleMedCare Ltd in the UK and in assistive development of IP at University College London. On his appointment and commenting on the future direction of TeleMedCare, Alan stated, This is an exciting time for TMC. Following a recent strategic financial and corporate re-structure within our Australian parent group, we are now superbly positioned to grow our business both within the UK and globally. I am looking forward to working with TMC senior management in realizing the significant opportunities that the TeleMedCare products have in a global market that is currently in a major e-health adoption phase. About the relationship with Stirling Products, Alan commented, Our new majority shareholder has significant experience and relationships within the medtech and healthcare sectors. We are looking forward to working with Stirling Products team in developing our business models to support services within multiple environments including clinical and home monitoring. Being recently awarded an Assistive Technologies framework agreement by Buying Solutions will play a key role in developing our significant business opportunities in the UK. TeleMedCare was awarded an Assistive Technologies framework agreement by Buying Solutions, the national procurement partner for all UK public services, and is part of the Efficiency and Reform Group within the Cabinet Office. TeleMedCares framework agreement is for two years, (with an option of two further one year extensions) and covers the purchase, installation, maintenance, monitoring, coaching and management of its award winning telehealth and e-health solutions to the public sector markets including government departments, NHS Trusts and other public bodies. We are looking forward to expanding our services and new solutions with our partners within the NHS and private industries
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