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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT -- Ignore unavailable to you. Want to Upgrade?

To: Steve G. who wrote (409)	2/21/2000 5:52:00 PM
From: Steve G.	Respond to of 500

Latest news........... Canadian Market News from Market News Publishing, Feb 21, 2000 09:38 hrs MICROFORUM INC - WORLD HEART CORP - World Heart Selects Microforum to Implement Navision Software in Preparation for Production of HeartSaver(VAD)(TM) [140] Microforum Inc. is pleased to announce that World Heart Corporation, the Canadian developer of the HeartSaver(VAD)(TM), a pulsatile Ventricular Assist Device (VAD) implantable in the chest, has selected Microforum Inc. to help design, develop and implement an Enterprise Resource Planning (ERP) solution utilizing Navision Financials and Navision Manufacturing software. Navision Software is an international developer and supplier of innovative, customizable enterprise business solutions that enable small to medium-sized companies to run their businesses more effectively. Using Navision's software, Microforum will customize an ERP manufacturing solution so that it fulfills the specific business requirements of World Heart. Additionally, Microforum will implement the ERP solution so that it consolidates all of World Heart's digital operations. Implementing this business solution will allow World Heart to better monitor all of its operations resulting in improved customer service, quality control, revision tracking and lowering costs through better inventory management. "In such a dynamic market it is imperative that we utilize every technological advantage in our business systems," said Ian Malone, Chief Financial Officer of World Heart. "We are confident that Microforum and Navision, with their expertise and proven track record, will provide a cost effective and efficient financial and manufacturing business solution." "This contract is another example of Microforum's Digital Consulting Group providing a recognized Canadian manufacturer with a leading-edge and scalable business solution based upon Navision's unique object-oriented technology," said Howard Pearl, President and Chief Executive Officer of Microforum. "We are excited to have the opportunity to work with World Heart. About Microforum Microforum Inc. (www.microforum.com) is a leading North American digital business transformation company providing a broad range of e-business solutions, Internet strategy and database services. Microforum is publicly traded on the Toronto Stock Exchange under the symbol "MCF" and is headquartered in Toronto, with offices in San Francisco, CA and Chicago, IL. About World Heart World Heart Corporation (TSE:WHT, NASDAQ:WHRT) is a medical devices business initially based upon HeartSaver(VAD)(TM) and related technologies developed by the Cardiovascular Devices Division (CVD) of the University of Ottawa Heart Institute (OHI). HeartSaver(VAD)(TM) will be an affordable, fully implantable heart assist device designed to provide long term support of pulsatile blood flow to people suffering from heart failure and permit the recipient to return to near normal life activities. Unique to the VAD market, HeartSaver(VAD)(TM) fits inside the chest without tubes or wires piercing the skin, reducing the risk of infection from openings in the body common to other products. Power and monitoring capabilities are delivered through a patented Transcutaneous Energy Transfer (TET) System and proprietary Biotelemetry System developed at CVD and licensed exclusively to World Heart. TEL: 1-800-444-9214 INVESTOR INFORMATION: The Investor Relations Group E-mail: microforum@invrel.com Internet: www.invrel.com TEL: (905) 670-8000 CORPORATE INFORMATION: Howard Pearl, CEO and President, Microforum Inc. E-mail: hpearl@mf.com (c) 2000 Market News Publishing Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041. Companies or Securities discussed in this article: Symbol Name NASDAQ:WHRT World Heart Corporation TSE:MCF TSE:WHT