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.