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Press Releases

Alberta Health Services and Medworxx Extend Agreement for Full Provincial Scope

Medworxx Utilization Management System will license all acute-care beds in Alberta.

TORONTO, June 28, 2012 – Medworxx Inc. (“Medworxx”) (TSXV: MWX), a leader in clinical patient flow, compliance and education solutions, announces that Alberta Health Services has elected to extend the existing provincial agreement with Medworxx to expand the licensing of the Medworxx Utilization Management System to all the acute-care beds in the province.

Klass Capital invests in Medworxx (TSXV: MWX)

TORONTO - June 27, 2012 - Medworxx is an innovator in streamlining healthcare management and Klass Capital has invested as part of a $3 million funding round. Medworxx’s Utilization Management solution, the flagship of the Medworxx Patient Flow solution, gives healthcare providers the software to track a patient from admission to discharge throughout their facility. This allows staff to easily measure each patient’s progress against a benchmark for best practices, the flagship of the Medworxx patient flow solution, in order to identify bottlenecks in the hospital’s operations. The company’s other offerings include a bed management tool, and a compliance and education software suite.

Lean Six Sigma Certified Black Belt and Patient Flow Process Improvement Expert Joins Medworxx

TORONTO, June 13, 2012 – Medworxx Inc. (“Medworxx”) (TSXV: MWX), Medworxx Inc. a leader in clinical patient flow, compliance and education solutions, announces the appointment of Lori Frampton, RN, MHS, Certified Lean Six Sigma Black Belt, as Vice President of Patient Flow Process Improvement and Data Analysis. Building on Medworxx’ current 30% Canadian hospital bed market share and growing international presence, Frampton will concentrate her efforts on optimizing data analytics and process improvement methodologies to support hospitals’ patient flow efforts.

Lean Six Sigma Certified Black Belt and Patient Flow Process Improvement Expert Joins Medworxx

TORONTO, June 13, 2012 – Medworxx Inc. (“Medworxx”) (TSXV: MWX), Medworxx Inc. a leader in clinical patient flow, compliance and education solutions, announces the appointment of Lori Frampton, RN, MHS, Certified Lean Six Sigma Black Belt, as Vice President of Patient Flow Process Improvement and Data Analysis. Building on Medworxx’ current 30% Canadian hospital bed market share and growing international presence, Frampton will concentrate her efforts on optimizing data analytics and process improvement methodologies to support hospitals’ patient flow efforts.

Medworxx Solutions Inc. Files First Quarter 2012 Financial Statements and Management’s Discussion and Analysis

Medworxx announces highest quarter of revenues achieved since the company’s inception in 2004–affirms strategic goal of becoming the de facto standard platform for patient flow management in the hospital marketplace.
 
TORONTO, ONTARIO, May 30, 2012 – Medworxx Solutions Inc.

Medworxx Solutions Inc. Closes Private Placement Offering of Units

TORONTO - May 24, 2012 - Medworxx Solutions Inc. (“Medworxx” or the “Corporation”) (TSXV:MWX) is pleased to announce that it has closed its previously announced private placement with Paradigm Capital Inc., acting as lead agent and sole bookrunner, and MGI Securities Inc. (the “Agents”) on a best efforts agency basis. The Corporation issued today 9,136,754 units (the “Units”) at a price of $0.34 per Unit for aggregate gross proceeds of $3,106,496 (the “Offering”). Each Unit is comprised of one common share and one half of one common share purchase warrant, with each whole warrant entitling the holder thereof to acquire one common share of the Corporation at a price of $0.40 for a period of 48 months following the closing of the Offering, subject to early expiry at the option of the Company in the event that, at any time following the date that is twenty-four months from their issuance date, the closing price of the Corporation’s common shares on any nationally recognized stock exchange is greater than $0.85 for a period of twenty trading days in any consecutive two-month period.

Medworxx Solutions Inc. Files First Quarter 2012 Financial Statements and Management’s Discussion and Analysis

TORONTO, ONTARIO, May 30, 2012 – Medworxx Solutions Inc. (the “Company”)(TSX VENTURE:MWX) announced today that it has filed with the Canadian securities authorities its Interim Consolidated Financial Statements (Unaudited), and Management’s Discussion and Analysis report for the three month period ending May 31, 2011, including updates for fiscal 2011. These documents may be viewed under the Company’s profile at www.sedar.com

Medworxx Solutions Inc. Increases Offering To $2.72 Million-Canada Stockwatch News

TORONTO - May 15, 2012 - Canada Stockwatch News reported that Medworxx Solutions Inc., due to investor demand, anticipates increasing the offering size of its private placement, previously announced on May 8, 2012, through Paradigm Capital Inc., on a best-efforts agency basis, acting as lead agent and sole bookrunner, and MGI Securities Inc., from up to 7,353,000 units to up to 8,000,000 units for total gross proceeds to Medworxx of up to $2.72 million.

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