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RTIN Holdings Announces MedEx Systems, Inc. & Pegasus Pharmacy, Inc. To Provide Services to Dyess Pain Clinics
LONGVIEW, Texas, Nov 30, 2001 /PRNewswire via COMTEX/ -- RTIN Holdings (OTC Bulletin Board: RTIN), announced today, that MedEx Systems, Inc. & Pegasus Pharmacy Inc. will be providing services to the Dyess Pain Clinics of Louisiana. The Dyess Pain Clinics have two locations, one in Chalmette and the other in Gretna, Louisiana which will be utilizing Pegasus as their preferred pharmacy provider.
Dr. James Dyess M.D. stated: "We are confident that the MedEx Systems technology coupled with the Pegasus Pharmacy delivery system will provide the ability to improve compliance issues and eliminate the problems typically associated with hand written scripts such as alterations and duplications." Dr. Dyess further stated, "through the collective data base provided by the MedEx Systems technology, the problems associated with physician hopping can be reduced. Additionally as stated by the Joint Commission on accreditation of Health Care Organizations, the move toward electronic prescribing systems can most certainly minimize medication errors thus drastically reducing the risks to patients and the costs associated with drug-related morbidity and mortality. We are pleased to be able to offer this high level of service to our patients."
Ann Rau, President & Chief Operating Officer of MedEx Systems Inc. and Pegasus Pharmacy, Inc. stated, "We are pleased to provide the MedEx Systems and Pegasus Pharmacy concept to the Dyess Pain Clinics of Louisiana. It is exciting to see how each Physician embraces the simplistic and user friendly design and implementation of the MedEx Systems Technology."
Curtis A. Swanson, President & Chief Operating Officer of RTIN Holdings stated, "We are very encouraged to see the continued performance of the management in seeking out and securing new clinics and institutions for the Pegasus Pharmacy delivery system. This further validates our confidence that the MedEx Systems technology coupled with the Pegasus Pharmacy delivery system will provide the formula for unprecedented growth in the retail pharmacy sector."
MedEx Systems is a medical communications/technology company that provides state-of-the-art, hand-held prescription units that are loaded with patent- pending software and utilizes secure, broadband, wireless technology. Pegasus is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the MedEx technology. Because pain management specialists and their patients have been under-served by the pharmacy industry and annual expenditures for pain management is approaching $100 billion in the U.S. (and is expected to grow), MedEx is initially targeting physicians who frequently treat chronic pain. For additional information on both MedEx and Pegasus see our web site at www.rtinholdings.com/holdings.htm .
Restaurant Teams International, Inc., d.b.a. RTIN Holdings, is a public holding company whose stock trades on the fully reporting NASD OTC BB.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the securities and Exchange Act of 1934. Such forward-looking Statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
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