CyberCare, Inc. Receives Additional Order from DATAVOICE Solutions Of Puerto Rico
BOYNTON BEACH, Fla., Jul 9, 2002 (BUSINESS WIRE) -- CyberCare, Inc. (Nasdaq: CYBR chart, msgs), today announced that it received an additional order from its international reseller DATAVOICE Solutions Of Puerto Rico. The order is for $102,300 and shipment and installation will begin immediately. The order includes the latest technology, software and devices that CyberCare has developed over the past year. The Electronic HouseCall(R) equipment will be used to facilitate systems being installed in Puerto Rico and various locations in Latin America. In the last year DATAVOICE has devoted considerable resources to developing expertise and projects in tele-home monitoring. CyberCare has recently completed the installation of a new server that will be dedicated to storing patient data for Puerto Rico and will be secured in DATAVOICE'S newly constructed Corporate Headquarters and Technical Center in San Juan.
"There are a number of tele-health projects in various stages of development underway in Puerto Rico and Latin America. CyberCare's technology, along with the services offered by DATAVOICE, is a leading contender in this segment in Puerto Rico. The health care reform underway in Puerto Rico has created an opportunity to utilize home-monitoring solutions. We believe the technology can assist in delivering better health care to the rural areas throughout the Commonwealth," said Alan R. Townsend, vice president of CyberCare International. "Our relationship with DATAVOICE continues to grow and we are developing a number of business opportunities where we may collaborate. The reception for our products has been promising, and our latest innovations and the new family of products are priced to meet market demand and provide the connectivity flexibility required."
"We have looked at all the systems that are available and CyberCare has it all," said Edwin Franceschi, president of DATAVOICE Solutions Of Puerto Rico. "When we signed up with CyberCare we believed that theirs' was the best technology available. The recent additions to the product line create a complete family of products that offers flexibility in price and connectivity and allows us to offer home-monitoring solutions in many more markets than before. This technology is very important as the delivery model of health care changes. We are excited about the business opportunities that we can pursue with our strategic partner, CyberCare."
About CyberCare, Inc.
CyberCare, Inc. is a holding company, which is primarily composed of a services business comprising both a physical therapy and rehabilitation business and a pharmacy business, and a healthcare technology solutions business. Our overall goal is to improve the delivery and quality of healthcare for patients while adding incremental value to our customers' clinical and business processes. Our physical therapy and rehabilitation business operates clinics throughout the State of Florida. Its caring staff of clinicians and therapists compliment traditional primary care, orthopedic and neurological physician services and serves a wide range of patients requiring physical and occupational therapy and other rehabilitation services. Our pharmacy business supports thousands of patients and residents in assisted living and other long-term care facilities located in Florida. It also is licensed for mail order distribution across all fifty states.
Our healthcare technology business utilizes its intellectual property, including patented technology, to deliver tele-health solutions addressing the entire continuum of care. It's Electronic HouseCall(R) (EHC(TM)) hardware and software technology focuses on the chronically ill, wellness management, compliance and wound care. The EHC(TM) family of products and services permit enhanced physician supervision and oversight and enable remote medical and wellness monitoring and real-time interactive communications between patients and caregivers. This is made possible through various monitoring devices, hardware and software applications and our ability to establish an interactive network across the health care continuum and among a community of users and providers. In combination with our customers' clinical and business processes, the Electronic HouseCall(R) system allows for effective and efficient data collection, integration and security, while successfully supporting case management and promoting personal participation and interaction. CyberCare, Inc. is headquartered in Boynton Beach, Florida. Visit our website at cybercare.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including, but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, product acceptance and effectiveness, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
Contact:
CyberCare, Inc., Boynton Beach
Alan Adelson, 561/742-5000
cybercare.net
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