BL Healthcare News

BL Healthcare Inc. today announces Verizon Investments Inc.'s participation in BL Healthcare's most recent financing round.

PRESS RELEASE:
February 24, 2011

Foxborough, MA., BL Healthcare Inc. today announced Verizon Investments Inc.'s participation in BL Healthcare's most recent financing round. The investment, which was arranged through Verizon Communications Inc.'s Verizon Ventures group, facilitates BL Healthcare's expansion of its remote health care solutions, including those underway with Verizon.

Working with the Verizon Wireless LTE Innovation Center, BL Healthcare showcased HD video enabled remote health care applications running over the Verizon Wireless LTE 4G network at the Consumer Electronics Show in January and at the Hospital Information Systems Show in February.

"BL Healthcare's work with Verizon Wireless' LTE Innovation Center is focused on leveraging the increased bandwidth of the LTE 4G network to enable an entirely new experience of HD video enabled, personalized, remote and home health services – Michael Mathur, CEO of BL Healthcare.

For more information, please contact BL Healthcare Inc. on +1 (508) 543-4150 , or visit www.BLHealthcare.com .

BL Healthcare, Inc. is a leading provider of next generation remote health management solutions to the Healthcare Industry. Leveraging the convergence of the Internet, Broadband technology, and Open Systems, BL Healthcare provides innovative solutions for linking members, providers, and caregivers for the monitoring and management of wellness and disease states at distributed points of health care access, particularly in the patient's home.

Verizon Ventures invests in promising entrepreneurial companies to drive innovation in Verizon Communications Inc. business units. Verizon Ventures' portfolio focuses on new products, technologies, applications and services that complement Verizon networks, service platforms and distribution channels.