Hey $ION, some news on IMNT Friday June 5, 5:01 am Eastern Time Company Press Release IMNET Systems and Medical Systems Management Form Strategic Business Partnership ATLANTA--(BUSINESS WIRE)--June 5, 1998--IMNET Systems Inc.(Nasdaq/NMS:IMNT - news) today announced the signing of strategic business partnership with Medical Systems Management Inc. (MSM) of Reading, Mass. to exclusively market IMNET's products to MSM's client base.
MSM is an international organization with over 25 years experience in providing software products, consulting services, custom programming and installation services. MSM specializes in integrating its own and other software vendors' software applications with the enterprise-wide software solutions offered by MEDITECH Inc.
MSM has installed its software applications for Surgery Suite Management, Physician Credentialing, Quality Management and Dietary Management into more than 450 hospitals which utilize the MEDITECH system, and has provided consulting and integration services to many more. Most recently, IMNET and MSM have been working together to successfully implement an integrated IMNET solution at Greenwich Hospital in Greenwich, Conn. MSM is uniquely qualified to integrate the IMNET Electronic Patient Record System(TM), IMNET Information Search Engine(TM), IMNET Workflow Engine(TM) and IMNET MedVision(R) with the MEDITECH Healthcare Information System(HCIS).
''MSM is pleased to offer our clients the ability to integrate the market's premiere document management, medical imaging and electronic patient record solutions with their existing healthcare information systems,'' said Raymond Forgit, MSM founder and CEO. ''We are certain that IMNET's products, combined with MSM's established market presence and integration services, will provide the best possible solutions to our clients.''
''This relationship is very positive for both companies,'' said Kenneth D. Rardin, chairman and chief executive officer of IMNET. ''MSM's expertise in integration services, coupled with IMNET's products, will give MSM's extensive customer base access to powerful new solutions.''
IMNET Systems Inc. develops and markets electronic healthcare information management systems that capture, index, store retrieve and display financial information, clinical information and medical images. IMNET's Electronic Information Warehouse(TM), which supplies the missing link for the implementation of the Electronic Patient Record, is a true enterprise-wide solution that integrates with software from most leading healthcare information systems providers. IMNET's World-Wide Web site address is www.IMNET.com.
Note regarding Private Securities Litigation Reform Act: Statements made by IMNET or MSM which are not historical facts are forward looking statements that involve risks and uncertainties. All such statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. The future financial performance of IMNET or MSM could differ materially from the expectations of management and from results expressed or implied in this press release. For example, the relationship with MSM may not be as profitable as expected.
-------------------------------------------------------------------------------- Contact: IMNET Systems Inc. Scott A. Remley, 770/521-5644 or Medical Systems Management Inc. Joeseph Smith, 781/942-1700
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