HOWT...fundamentals improving...nice pr last week.....good news just keeps coming and coming. This is my year ending stock pick. I think it hits $3 by years end. Here is todays news
MedTel Systems and Howtek Receive 12-Site Navajo Telemedicine Award
Indian Health Service Award Goes to Applicare's RadWorks 5.0 Software Solution
MultiRAD Red LED Film Digitizers Selected
HUDSON, N.H., Nov. 23 /PRNewswire/ -- MedTel Systems, Inc., (MedTel) of West Berlin, NJ. and Howtek, Inc. (Nasdaq: HOWT) today announced an award to MedTel by the U.S. Department of Health and Human Services, Navajo Area Indian Health Service, to provide, install and support an advanced twelve-site telemedicine system for the Navajo Area Indian Health Service. Navajo Area I.H.S. is the major health care provider on the Navajo Nation. The Navajo Nation is the largest reservation-based Indian tribe in the United States and has the largest Indian reservation, which encompasses more than 26,000 square miles.
Employing RadWorks 5.0 medical imaging software developed by Applicare Medical Imaging, B.V. and an initial twelve Howtek MultiRAD 450 radiological film digitizers, the system will link rural Health Centers and Hospitals throughout the Navajo Nation, which is geographically located in northwestern New Mexico, northeastern Arizona, and southern Utah. The Navajo Area I.H.S. health care delivery system includes 6 hospitals, 7 health centers, and numerous health stations and school clinics, which are offered in collaboration with the tribal community health system.
Applicare's RadWorks software is a Windows NT-based solution used globally for diagnostic viewing, web-enabled access and viewing, data acquisition, printing, archiving, teleradiology and PACS (picture archiving and communications systems). Combining sophisticated functionality with a consistent, easy to understand user interface, RadWorks' modular architecture permits each system to be configured to a user's specific needs and requirements.
Howtek's MultiRAD radiological film digitizers are distinguished by a proprietary, solid state, high energy "Red LED" illumination technology. Howtek's "third generation" film digitization technology utilizes 56-point self-calibration and a spectrally matched optical system to penetrate dense areas of radiological films and achieve image quality superior to earlier fluorescent lamp illuminator designs. Howtek designs, engineers, and manufactures digital image scanners, film digitizers and related software for applications in the medical imaging, graphic arts, and photographic markets.
MedTel Systems, as a Regional Systems Integrator of Applicare and Howtek products, provides a comprehensive range of medical imaging and information systems design, specification, integration and support services. George Wolfe, President of MedTel, noted that the scope of the Navajo Area Indian Health Services project makes it one of the most ambitious and sophisticated teleradiology systems in the United States. "We are proud to have been awarded this contract, as the result of an extensive analysis of competitive alternatives by the Navajo Area Indian Health Service Division of Biomedical Engineering. We are certain that the combination of MedTel's expertise and support capabilities coupled with 'best of class' medical imaging offerings from Applicare and Howtek will provide an exceptional telemedicine solution to the Navajo Area Indian Health Service."
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this News Release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, litigation and other risks detailed in the Company's other filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward- looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made.
SOURCE Howtek, Inc.
CO: Howtek, Inc.; MedTel Systems, Inc
ST: New Hampshire, New Jersey
IN: CPR MTC
SU:
11/23/1999 08:30 EST prnewswire.com |
