EasyMed Technologies reported that it has entered into Memorandum of Understanding with Infinia IT GmbH. The company noted that under the terms of the agreement Easymed has paid CAD 100,000 for the exclusive worldwide distribution rights for all of Infinia's technology's and an option to purchase 50% of Infinia IT GmbH. for CAD 1.9 million in development funding.

The parties expect to execute a definitive agreement shortly.