e-MedSoft.com to Build Collaborative Medical Network
for the Maryland Regional Cancer Center
Thursday August 31, 4:11 pm Eastern Time
Press Release
JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Aug. 31, 2000-- e MedSoft.com (AMEX: MED - news), a leading Application Service Provider (ASP) of comprehensive healthcare portal solutions, today announced a three-year agreement with the Maryland Regional Cancer Center (MRCC) to design and install a Collaborative Medical Network(TM) (CMN) linking the Center's four radiation treatment centers. This agreement represents the first phase of a four-phase project with MRCC, a leading provider of community based radiation oncology services in the greater Washington D.C. metropolitan area.
In Phase I of the project with the MRCC, e-MedSoft will deliver and maintain a CMN(TM) that will enhance the connectivity between MRCC's main Silver Spring facility and three of its remote facilities located in Rockville, College Park, and Waldorf. e-MedSoft will provide a fully-scaleable solution that will improve the ability of MRCC to track and verify billing information, exchange patient information more quickly and securely, and improve data communications between MRCC's various departments and locations. e-Medsoft has designed the CMN(TM) to facilitate future video collaboration, data sharing, and multimedia image transfers that are contemplated in the next phases of the project.
Following successful implementation of the CMN(TM) platform, e-MedSoft will develop a comprehensive network medicine solution that will allow for the real-time exchange of clinical images among MRCC offices, and build a portal for MRCC expanding its information-handling capabilities with the possible inclusion of e-MedSoft.com's complete, Web-enabled practice management application suite.
John F. Andrews, e-MedSoft.com Chairman and Chief Executive Officer, stated, ``We are very pleased that the Maryland Regional Cancer Center has selected e-MedSoft to enhance the connectivity and efficiency of their operations by leveraging the power of our innovative Collaborative Medical Network(TM) solutions. In addition to improved efficiencies and cost savings, the MRCC will be able to improve the quality of care for its patients by giving its treatment staff real-time access to critical patient information at the point of care.''
Andrews added, ``Our relationship with MRCC demonstrates our continued efforts in positioning e-MedSoft as the premier provider of e-health solutions for the medical community. Our innovative product and service offerings are increasingly recognized and accepted in the healthcare industry.''
Dr. Frances Sullivan, Medical Director of MRCC, commented, ``The image and information-handling tools e-MedSoft.com has developed using today's internet technology are critical to the clinical and research advancement of Radiation Oncology.''
About e-MedSoft.com
e-MedSoft.com, a leading Application Service Provider (ASP) of comprehensive healthcare portal solutions, is leading a transition in the medical industry, as it is the first subscription-based healthcare management system available for delivery through the Internet.
Through the Internet and its Java-based integrator which utilizes Sun Microsystems, Inc.'s (NASDAQ:SUNW - news) Java technology, e-MedSoft.com's software facilitates communication across diverse platforms and languages in unlimited capacity, allowing for the interlink of doctors, hospitals, clinics, HMOs, insurance companies, financiers and government agencies. The ease and low cost with which it can be implemented, its Internet-based ASP model, which reduces the need to build internal IT infrastructures, and its ability to allow for the exchange of information across diverse platforms and systems bode well for its widespread adoption by the medical community.
e-MedSoft.com also operates the e-Net Technology group of companies. e-Net group focuses on removing the complexity of Web-enabling business processes by providing a complete range of Internet Managed Services and Information Technology solutions, and by utilizing strategic partners Sun Microsystems, Oracle Corporation and Cisco Systems Ltd.
e-MedSoft.com's products are built on the foundations of speed, ease of use, security, scalability and resilience. For more information, see e-medsoft.com, www.enetgroup.co.uk, and www.magnumfinancial.com.
Statements in this news release that relate to management's expectations, intentions or beliefs concerning future plans, expectations, events and performance are ``forward looking'' within the meaning of the federal securities laws. These forward-looking statements include assumptions, beliefs and opinions relating to the company's business and growth strategy based upon management's interpretation and analysis of its own contractual and legal rights, of management's ability to satisfy industry and consumer needs with its technologies, of health-care industry trends, and of management's ability to successfully develop, implement, market and/or sell its network transaction processing services, software programs, clinical and financial transaction services, and e-commerce systems to its clientele. Management's forward-looking statements further assume that the company will be able to successfully develop and execute on its strategic relationships. Many known and unknown risks, uncertainties and other factors, including general economic conditions and risk factors detailed from time to time in news releases and the company's filings with the Securities and Exchange Commission, may cause these forward-looking statements to be incorrect in whole or in part. The company expressly disclaims any intent or obligation to update any forward-looking statements. Actual results or events could differ materially from those anticipated in the forward-looking statements due to a variety of factors set out above, including, without limitation, acceptance by customers of the company's products, changing technology, competition in the health-care market, government regulation of health care, the company's limited operating history, general economic conditions, availability of capital and other factors.
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