SCWorx Announces Acquisition of Existing Sales and Marketing Partner as a New Customer with a Three-Year Agreement Worth Approximately $3.6 Million in Revenue
SCWorx Corp. (WORX)
NASDAQ:AMEX Investor Relations:
ir.marimedadvisors.com/press-releases/detail/5/worlds-online-inc-begins-trading-under-worx-ticker-may-10
Company Research
Source: GlobeNewswire
NEW YORK, Aug. 06, 2019 (GLOBE NEWSWIRE) -- SCWorx Corp. (Nasdaq: WORX) announced today the signing of a three-year agreement with a leading medical-surgical distributor, which will deliver approximately $100,000 per month in additional revenue, with plans for potential further increases over time. The customer has a long prior history with SCWorx under an existing sales and marketing agreement and will be utilizing SCWorx’s data management solutions to aid in its mission critical implementations. Concurrently, the company announced the imminent launch of its proprietary “closed loop” applications with the introduction of its initial product ScanWorx, designed to significantly reduce the manual labor involved in documenting cases in hospital procedural areas, while simultaneously providing accurate information for use in patient billing systems. The product has been in beta testing for several months and the company anticipates an early third quarter of 2019 launch. The product
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