Finally, news of some sales:
NEWS
Valley Children's Hospital and WellStar Health System
Select Thinking Tools' Think 2000
Risk Assessment and Management Software
Chosen as Preferred Solution for Hospitals' Year 2000 Problem
MONTEREY, Calif.--May 26, 1998-Helping to meet the demands of today's
challenging health care environment, Thinking Tools, Inc. (NASDAQ:TSIM)
today announced that it has signed contracts with both Valley Children's
Hospital and WellStar Health System for Think 2000, its Year 2000 risk
assessment and management simulation software.
"After researching numerous risk management products, we determined that
Think 2000 provided the best road map for our Year 2000 remediation
efforts," said Bo Crutchfield, director of business continuity, WellStar
Health System. "We are excited about Think 2000's ability to visually
display the dependencies between business functions and technology
resources. By conducting a Year 2000 simulation on all our systems, we
will be able to show the impact that Year 2000 will have on the hospital
network. This will be very helpful in board presentations and to cost
justify Year 2000 and other IT spending efforts."
Valley Children's Hospital is also implementing Think 2000.
"With a new 216-bed, $170 million facility underway, Valley Children's
Hospital recognizes the importance and immediacy of assuring that our
information systems and support operations are Year 2000 compliant," said
Wil Ladewig, Year 2000 program manager, Valley Children's Hospital. "Think
2000 will help us prioritize our Year 2000 remediation efforts and get our
new facility up and running quickly with systems that are compliant."
Think 2000 is an interactive business simulation solution that will enable
both organizations to assess the overall business impact of problems
associated with the Year 2000 date change. The product maps
interdependencies between business functions and technical resources and
simulates possible project plan scenarios. The results provide health care
executives with answers to questions like: "What should we fix, and when?"
It ultimately will help both health care organizations understand their
Year 2000 business risks, prioritize remediation projects and document
activities in the event of audits or litigation.
Two Health Organizations Select Think 2000
"We are pleased to provide two of the leaders in the health care industry
with the latest in Year 2000 simulation software," said Moshe Zarmi,
president and CEO, Thinking Tools. "Think 2000 is well suited for the
special complexities of hospitals and health care providers. By using
Think 2000 both organizations will be well positioned for current and
future success beyond the Year 2000."
About WellStar Health System
WellStar Health System is the northwest regional division of PROMINA Health
System. PROMINA Health System was created in 1994 by Atlanta's leading
community-based physicians and hospitals to preserve high-quality,
efficient health care. PROMINA Health System includes 2,500 metro Atlanta
physicians and fourteen hospitals and medical centers. PROMINA employs
more than 16,000 metro Atlanta residents. Comprehensive services range
from preventive care and health education to open heart surgery, and they
welcome more than 20,000 newborns each year.
About Valley Children's Hospital
Valley Children's Hospital is located in Fresno, California and provides
high quality, comprehensive health care services to the nearly one million
children in the service area. Serving a 10-county region in Central
California, it is the only free-standing pediatric hospital in a rural
setting in the United States, having cared for nearly 1.5 million children
since opening in 1952. Valley Children's Hospital has a staff of over
17,000 and is part of the Valley Children's Health System, a health care
system devoted exclusively to serving the needs of children.
About Thinking Tools, Inc.
Thinking Tools develops interactive business simulation software that
enables business professionals to grasp the interdependencies involved in
complex problems and ultimately make better decisions. In 1993, the
Business Simulation Division of Maxis Corporation, a leading computer game
maker best known for SimCity, was spun off to form Thinking Tools. Since
then, Thinking Tools has applied the lessons learned from the interactive
consumer software market to produce simulation products for business.
Thinking Tools has developed business simulations for top organizations
such as Andersen Consulting, Chevron Corporation, Coopers & Lybrand,
MCI/SHL Systemhouse, Systems Engineering Solutions, the U.S. Department of
Defense and others. Examples of Thinking Tools' products developed for
partners include Project Challenge, SimHealth, SimRefinery and TeleSim.
The company completed its initial public offering in October of 1996 and
trades under the symbol "TSIM" on the NASDAQ market. The company's web
site is thinkingtools.com.
CONTACT INFORMATION:
Elyse Familant
Results Public Relations
978.725.3637
elysef@mediaone.net
Jim Conant
USA Marketing
508.223.3653
jconant@usadma.com
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