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Modernizing Medicine appoints new CFO

MMI__0001_About ModMed

BOYNTON BEACH, FL – May 3, 2011— Modernizing Medicine, Inc., a Boynton Beach electronic medical records company, announced today the appointment of Karen O’Byrne, as its Chief Financial Officer.

Dan Cane, CEO of Modernizing Medicine, said, “We are extremely pleased to have Karen join our executive team. In less than a year we have raised $7 million of investment capital, and signed on more than 300 medical practitioners to our EMA solution. Modernizing Medicine’s growth requires a high level of financial expertise. Karen brings more than 20 years of experience and knowledge of small, high growth company operations, and we know she will be a very valuable addition to our team.”

Most recently, Ms. O’Byrne was Chief Financial Officer and a Principal of Blue Ocean Ventures, a Boca Raton, FL, Management Company for a group of investment operations. Before that, she was Chief Financial Officer for Campus Management Corp., an ERP Software Company that provides administrative and academic solutions for post-secondary educational institutions. Previous to that, she was a senior financial officer for Verio, the web hosting division of NTT Communications, and for several public accounting firms. She is a CPA, holds an MBA with honors from the University of Florida, and is a member of the AICPA and FICPA.

About Modernizing Medicine

Modernizing Medicine, Inc. (http://www.modernizingmedicine.com) was founded by Daniel Cane and Dr. Michael Sherling, and is privately held. Mr. Cane was one of the co-founders of Blackboard, Inc. (NASDAQ: BBBB) and was the founder of Kadoo Inc. Dr. Sherling, a Yale and Harvard trained dermatologist, is in private practice in Palm Beach County, FL.

Modernizing Medicine’s offering, Electronic Medical Assistant or EMA, was announced at the meeting of the American Association of Dermatologists in Chicago, in August, 2010, and has since gained significant acceptance in the dermatology community. Designed by practicing dermatologists, EMA enables physicians to truly save time and money in their day-to-day operations. The offering takes a completely new approach to patient information capture and processing, using the latest in Internet and touch screen technologies for ease of installation and use. As a Software-as-a-Service offering, it only requires a web-browser equipped PC or Mac, with no other hardware or software on-site at the medical practice.

For more information, contact:
Bob Nagro, Chief Operating Officer
866-799-2146
Robert.Nagro@modernizingmedicine.com