Net Medical Xpress Solutions, Inc. (OTCPK:NMXS) signed a letter of intent to acquire MedTel Solutions, LLC from two founders of MedTel on May 22, 2013. Post acquisition, the new division will operate as Net Medical Xpress Staffing. The transaction is expected to close by June 30, 2013. Frank Hawkins of Hawk Associates acted as investor relations advisor.

Net Medical Xpress Solutions, Inc. (OTCPK:NMXS) signed a merger agreement to acquire MedTel Solutions, LLC from two founders of MedTel June 28, 2013.

Net Medical Xpress Solutions, Inc. (OTCPK:NMXS) completed the acquisition of MedTel Solutions, LLC from two founders of MedTel for $0.34 million on July 1, 2013. As a part of consideration, NMXS will issue 3 million shares. NMXS also entered into emplyment agreement with founders. The deal is expected to be immediately accretive to net income. As of September 30, 2013, 3 million shares to MedTel, were unissued.