TULSA, OK, Oct. 30, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RJD Green Inc. (RJDG) CEO, Ron Brewer, announced today the IOSoft Division of RJD Green Inc. has executed its first non-medical insurance sector contract. The contract is a private labeling agreement to provide payment services and the licensing of their recently launched Unified Payment System technology platform including Vcheck, a patent pending virtual check technology.
The Company is a twenty-year-old third party administrator with a client focus in the insurance sector. IRG Resource Group introduced and facilitated the transaction with IOSoft.
The initial implementation of services will begin in the first quarter of 2019.
After research and review, IOSoft was chosen to provide "best in class" payment technology to include its industry leading Virtual Check.
IOSoft provides proprietary software for medical billing, Healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare Payers and Providers, along with payment software platforms for corporations, government & institutional organizations. Since formation, IOSOFT has been a third-party developer of software and provides IT support for the platforms developed.
The primary focus of IOSoft is in healthcare payment systems where IOSoft can provide unique payment technologies and services or software that can be integrated with legacy or existing systems of healthcare payers and providers such as, major health insurance carriers and third-party administrators. 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; and 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.
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.