EMS Find Inc (OTCMKTS:EMSF) has revealed that it has signed a letter of intent with Page Out, to acquire the platform for integration into its own app. The platform would be a key part of the company’s on-demand medical transport mobile app. It can be used to show real-time status of team member responding to an emergency. Additionally, the application is already available on iOS, android and Web App formats.
Steve Rubakh, EMSF CEO, stated that the unique features offered by this platform have an instant on-call availability function. He even hinted at expanding the EMSF application from just medical transport to other EMS agencies across the country. The company seems to be quickly broadening its horizons and bringing a unique service to the emergency response industry. Even prior to the launch of its flagship product, the company is still valued at around $50 million.
Additionally, the company’s stance to stay away from any sort of promotions is quickly earning it respect amongst investors. Unlike other OTC companies, EMSF does not rely on promotions to increase its share value; instead the company sticks to updating investors about new developments. A recent promotion conducted for the company, financed by a third party, had actually resulted in quite a bit of loss for the stock. However, the company has clarified that it had not requested the promotion and neither is it associated with it in any way.
Page Out is currently in use in North America, parts of Europe and Australia. It connects over 40 EMS and Fire agencies to more than 1200 users in these regions. Integrating the platform in the EMSF app would be a positive move for the company, since it can look towards expanding internationally, once the response from North America has been received and assessed.
EMS Find Inc (OTCMKTS:EMSF) was able to add 4.24% to its share value during the June 26 session, after trading 113,071 shares in the market to close at a share price of $1.23.