Close today at 1.25/1.50 on moderate vol of 29,000. This release from last week. Today's release in prior post. MRGE is Nasdaq...this thread has been dead since April...
Merge Technologies Announces Further Patent Coverage and First Commercial Release of CaseWorks
MILWAUKEE--(BUSINESS WIRE)--Sept. 14, 1999--Merge Technologies Incorporated (NASDAQ: MRGE - news) today announced that the United States Patent Office on September 7, 1999 awarded to Merge patent number 5,950,207 for a ``Computer Based Multimedia Medical Database Management System and User Interface.' This patent extends the coverage of previous patent number 5,740,428 granted on April 14, 1998 for a total of 104 claims relating to the technologies underlying Merge's CaseWorks, ExamWorks and ReportWorks healthcare practitioner workflow products. Patents for these technologies have also been applied for and are pending in many foreign countries.
``It is particularly timely we should receive our final CaseWorks patent at the time of our first commercial release of the product,' according to William C. Mortimore, President and CEO of Merge. ``CaseWorks was originally slated for Q2 1998 delivery, but in working with our clinical development site, we discovered that the addition of several key features to CaseWorks' patented image selection technology would create a far more powerful product.'
``We added technologies we licensed from Interpra Medical Imaging Network Ltd. of Toronto, Canada,' said Michael J. Franco, Merge's Vice President of Engineering and Chief Technology Officer. ``These included voice to text report generation, report management and billing support - all built upon a patent pending web-enabled Java-based healthcare data repository technology know as Iweb. The success of the CaseWorks effort was key in our decision to acquire Interpra earlier this month.'
Merge Technologies Incorporated is a global leader in the drive toward an integrated healthcare enterprise. The Company's products integrate the data generated by medical devices into standard medical data communications formats such as DICOM and HL-7, provide clinical workflow integration and produce multimedia electronic reports for distribution in a healthcare enterprise information network. The Company's products have been installed at thousands of healthcare facilities throughout the world.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in filings with the Securities and Exchange Commission.
Contact:
Merge Technologies Inc. Colleen Doan or William C. Mortimore, 414/977-4000 |