April 27, 2007
New Mexico Software Announces South American Venture
New Multi-Year Contract Signed with Medical Company
ALBUQUERQUE, NM, April 27-- New Mexico Software, Inc. (OTC Bulletin Board: NMXC), www.nmxc.net, a leading provider of web-based digital and paper management solutions, announced that it has selected Continental Instrumed S.R.L., as a joint venture partner for its South American medical division.
Ricardo Schwartz, director, South American operations for New Mexico Software, said, “We are pleased to unveil the signing of the multi-year contract we have been working on since the fourth quarter of ’06 with Continental Instrumed, which is based in Buenos Aires, Argentina. Continental Instrumed will be working with medical distribution companies throughout Latin American countries to offer XR-EXpress, DDS-EXpress and DFC products for the healthcare market. Initially, we will be offering the products in Argentina, Chile, Uruguay and Brazil.” Schwartz said expansion into other counties is planned.
Jose Martini, marketing director, Continental Instrumed, said, “The XR-EXpress in Spanish is complete. We will be setting up our first customers in Argentina and Chile immediately. The response has been extremely positive from our initial marketing efforts. Continental Instrumed is very pleased to have been selected to be the key partner for New Mexico Software in South America. We have been trained to offer complete customer sales and service to our many healthcare distributors.”
Bruce Stabile, president, New Mexico Software healthcare division, said, “This will be an enormous growth opportunity for XR-EX. Since its launch it has been growing steadily in the U.S. We needed a partner who could be a strong advocate for the product in the South American market and Continental Instrumed is bringing our service to the right customers. We’ve had an overwhelming initial response to the product in South America and already have clients ready to begin using the service. ”
Continental Instrumed will develop a network of companies in each of the targeted South American countries. The medical healthcare organizations that are selected to represent XR-EX will create the sales opportunities and Continental will handle the support. New Mexico Software will continue to provide the Internet servers and programming capabilities for the product from our data centers in the U.S.
About Continental Instrumed, S.R.L.
Continental Instrumed has been a supplier of medical equipment in Argentina since 1992. They sell, service and repair hospital equipment throughout the country. The company specializes in the import and export of highly technical equipment for the healthcare market. For more information, visit http://www.continentalinstrumed.com or contact Jose Martini at 54 11 4 228 0203 or 54 11 4 228 0063 or via e-mail at contimed@speedy.com.ar.
About New Mexico Software
New Mexico Software is a leading provider of information management solutions that significantly improve the interface between the paper world and the digital world, facilitating a true paperless environment. It is the only public company providing web-based integrated services for individuals and companies, large or small, which allows full access to data from anywhere in an easy-to-use, familiar browser environment at an affordable price. For more information, visit either www.nmxc.net or www.nmxs.com, or contact Dick Govatski, president and CEO, at (505) 255-1999 or ceo@nmxs.com .
An investment profile on New Mexico Software may be found at Hawk Associates. For an online investor relations kit, visit www.hawkassociates.com or www.americanmicrocaps.com. For more investor-related questions, contact Frank Hawkins, Hawk Associates, at (305) 451-1888 or info@hawkassociates.com.