former jpmorganchase & merrill lynch exec

STI News out on the ASX this morning from a media release in the UK last night....
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.
TeleMedCare Ltd
United House
Carlton Boulevard
Lincoln LN2 4WJ
01523 563023
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
Notes to Editors
Telemedcare Ltd is a leading e-health technology solutions provider.
TeleMedCare products and services especially support people with long term or
chronic conditions such as, diabetes, lung disease and heart conditions, in their
own homes or in community/nursing care settings. TeleMedCare medical
systems monitor physiological signs (such as ECG, SP02, blood pressure and
lung function) integrated with medication reminders and customized
questionnaires to deliver self-care management optimization and potentially
better identification and earlier intervention of imminent threats. All
TeleMedCare data collected is securely transferred via the internet to a central
point for easy access by authorized clinicians, medical practitioners and
specialists.
For more TeleMedCare Limited information see: telemedcare.co.uk