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The Quantum Group Announces Engagement of RedChip Companies for Investor Relations Programs

Posted on: Thursday, 26 March 2009, 07:02 CDT

WELLINGTON, Fla., March 26 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (NYSE Amex: QGP) (www.QuantumMD.com) announced that it has hired RedChip Companies Inc. to enhance its investor relations outreach efforts.

"We selected RedChip based on their long-history of success in broadening visibility for emerging growth companies as well as for their expertise in market positioning and their comprehensive platform of media services," said Noel J. Guillama, Chief Executive Officer of The Quantum Group.

"We're confident that RedChip will help us introduce our story to an expanded audience and in turn foster solid and lasting relationships with new stakeholders. We look forward to working with their dedicated team."

"We are very pleased with the opportunity to represent The Quantum Group," said Dave Gentry, President of RedChip Companies. He added: "With healthcare costs on the rise and the trend toward electronic medical records, I believe that Quantum's one-stop approach to provide technology solutions and services to the $2.4 trillion U.S. healthcare industry is positioning them for dramatic growth, as shown by their performance over the last 24 months. Their web-based, healthcare technology system that allows physicians, patients and providers communicate in real-time addresses a huge market need at the right time. We look forward to leveraging a comprehensive investor relations program and introducing The Quantum Group to RedChip's investor network."

RedChip joins PR Financial Marketing in investor relations activities for The Quantum Group, Inc.

About The Quantum Group, Inc.

The Quantum Group is an innovation-driven Healthcare Services Organization (HSO) that provides business process solutions, service chain management, strategic consulting and leading-edge technology to the healthcare industry.

Quantum has developed and deployed PWeR(TM), a cutting-edge, patent-pending healthcare technology platform that has been designed to bridge the gaps of communication and exchange of patient information throughout the healthcare industry. PWeR can integrate all of the functions a physician/provider, hospital, clinic and related professionals utilize in one patient-centric, web-based platform and falls well within the economic incentives offered by the new $19 billion Stimulus Package for healthcare information technology. We believe we are positioned to be a catalyst for change as we take aim at the $700 billion inefficiency gap in the United States healthcare industry.

Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8, SB-2, S-1 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" "could" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to continue revenue growth trend in fiscal year 2009, to control patient medical cost relative to income received, to attract and retain executive, management and operational personnel, to continue growing its patient base, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and to continue to supply the services needed by its HMO clients as well as physician clients. We have further risk in the deployment of our technology platform, the utilization by our clients, technical and software setbacks, cost of development, as well as the capital to deploy it. We are subject further to interruptions of service. Company does not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.

FOR MORE INFORMATION, PLEASE CONTACT: RedChip Companies Dave Gentry: 407-644-4256, Ext. 104 info@redchip.com or PR Financial Marketing Jim Blackman: 713-256-0369 jim@prfmonline.com or The Quantum Group, Inc. Danielle Amodio: 561.798.9800 DAmodio@QuantumMD.com

SOURCE The Quantum Group, Inc.

Source: PR Newswire

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