PEGASUS BLUE STAR FUND ANNOUNCES
THE CLOSING OF FOLLOW-ON INVESTMENT IN MDTABLET
Dec
6, 2007
ST.
LOUIS, Missouri (December 6, 2007) – Pegasus
Blue Star Fund is pleased to announce the closing of its second investment in MDTablet
LLC (“mdTablet”), a cutting-edge Electronic Medical Records system (“EMR”)
designed to enhance the way doctors capture, manage, and exchange patient
information.
mdTablet
combines the most modern tablet computer devices with the latest Microsoft®
development tools and technologies to deliver a feature-rich EMR that is
affordable to any medical practice.
Mr.
Keith Marks, founder and Vice President of Strategy and Product Development at mdTablet
stated “Our strategic collaboration with Paul Parmar and the team at Pegasus
Blue Star Team really transformed the way that we view both the present and the
future of the EMR space, and the way that we run our company each day. We are elated to cement this relationship
with another significant investment.
Together we will continue to develop mdTablet into the leading EMR on
the market today, in a platform that is useful for doctors of all specialties, regardless
of their technological savvy.”
“The
guiding principle at mdTablet has always been to target features that doctors
really want—the ones that move the needle when it comes to improving operating
efficiencies at medical practices,” said Mr. Parmar, Chairman of Pegasus Blue
Star Fund. “For this reason, it fits
perfectly into the Pegasus healthcare investment thesis, which is to target
products and services that help physicians and hospitals run their medical practices
according to the operational goals of traditional businesses.”
mdTablet
delivers a clinical cycle management tool that coordinates vital patient
information between physicians, nurses and other caregivers, ensuring that
communication is seamless and tasks are completed as directed by the
physician. mdTablet gives users a
variety of options for inputting data, from simple handwriting to customizable
point-and-click templates, to integrated speech recognition dictation
tools. The system is uniquely built on
the latest Microsoft.NET platform, and utilizes SQL replication that allows
physicians to securely access data on the tablet PC, whether on or off the
internet. mdTablet also provides mobile
interfaces to each physician’s billing system, labs and pharmacies at the point
of care. Tablet PCs with mdTablet
software provide a mobile clinical solution that will enhance charge capture
efficiencies and streamline medical practice into a paperless, clinical
environment.
About
Pegasus Blue Star Fund
Pegasus
Blue Star Fund (www.pegasusbluestarfund.com)
is a private investment firm that focuses on acquiring and managing a portfolio
of small to mid-sized service oriented companies. While maintaining no rigid
industry focus, Pegasus Blue Star Fund aims to invest in industries where it
has a proven track record, including healthcare, aerospace and defense, media
and entertainment and luxury retail. Pegasus
Blue Star Fund was founded by Mr. Paul Parmar.
About
mdTablet
mdTablet
is a CCHIT certified, HIPAA compliant product that brings Electronic Medical
Records to any size medical practice. It
offers the features of a Tablet PC without sacrificing the flexibility of a
paper chart. The mdTablet EMR system
provides physicians with an affordable method of managing their practice and
allows a physician to streamline patient care services without changing the way
the patient is encountered.