TULSA, OK--(Marketwired - Sep 26, 2017) - RJD Green Inc. (
RJD Green Inc.'s Healthcare Services Division announced it has procured an initial eight contracts to implement in the fourth quarter of calendar year 2017 and first quarter of calendar year 2018. The final implementations of three contracts are under way. A twelve month revenue expectation from these initial contracts is $9,600,000.
Vincent Valentine, IOSOFT President, states:
"After unforeseen delays we are excited to start creating the revenues we expected six months ago. Our marketing partners are now very active in the health service community nationally and they fully expect to continue growing our revenues monthly, which allows us to meet the significant revenues forecast for 2018.
"From ongoing negotiations that are occurring now, we expect to see more accelerated monthly contracts procured in the first calendar quarter of 2018."
The IOSOFT Difference
IOSOFT offers a proven software platform with innovative pricing, product flexibility, and guaranteed revenue stream that offers the healthcare industry new profitability after a period of contraction and reduced margins within the payment process for payers and providers.
About IOSOFT Inc.
IOSOFT provides proprietary software for medical billing, Healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare Payers and Providers, and several other platform developments. Since formation, IOSOFT has been a third-party developer of software and provides IT support for the platforms developed.
Current efforts of IOSOFT are in healthcare payment systems that provide unique payment technologies and services or software that can be integrated with legacy or existing systems of healthcare payers, such as, Blue Cross, Aetna, CIGNA and others. IOSOFT provides targeted product offerings for healthcare providers, provider networks, physicians and hospitals; and clearinghouse companies.
About RJD Green, Inc.
The Company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IOSOFT Inc., a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers: Earthlinc Environmental Services Division, which provides green environmental services and technologies; Silex Holdings Division, which is engaged in specialty construction and industrial manufacturing and fills a market niche between the Home Depots and local contractors. Silex offers installed granite/other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel contractor and retail customer. Visit http://www.rjdgreen.com
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.