Some people on this thread like to say "HUGE NEWS!" for every little fluff PR. Well IMO, this is huge news just released by a little company trading at .30 offer, VSTI:
(PR NEWSWIRE) The United States Army's Newest Medical Center to Use Locating System From Versus Technology
VIS(TM) Locating System to Enhance Operational Efficiency and Patient Care
TRAVERSE CITY, Mich., Aug. 30 /PRNewswire/ -- Womack Army Medical Center,
Fort Bragg, N.C., and Versus Technology (OTC Bulletin Board: VSTI) announced
the medical center has installed the Versus Information System (VIS(TM)) for
locating patients and equipment throughout their new 155 bed facility
encompassing over one million square feet making it truly a state-of-the-art
facility. This application allows staff to quickly locate patients in over
2,300 locations within the facility.
"The VIS(TM) system provides an integral part in the patient care formula
we strive to achieve here at the new Womack Medical Center," stated Major
Rebecca Kitzmiller, Chief of Automation Planning, Womack Medical Center
(WAMC). "Immediate knowledge of the location of high-risk patients and
equipment is vitally important for safety and security reasons." A VIS(TM)
locating system was installed on only the Cardiac floors in November of 1999
to track telemetry patients, but the value of the Versus locating system on a
larger scale became immediately apparent to the staff at WAMC which led to the
decision to install a facility-wide system. "The ability to be able to
leverage one system into many different applications such as automatic nurse
call, emergency room tracking and asset tracking, coupled with the ease of
integration with other clinical software applications makes the VIS(TM)
locating system more valuable to the hospital," stated Kitzmiller.
The hospital moved quickly to adopt a facility-wide application covering
over a million square feet of rooms and corridors. "To my knowledge, this is
the largest infrared tracking application," stated Gary Gaisser, President and
CEO of Versus Technology, Inc. "This installation demonstrates our technical
ability to track people and items on a large-scale platform." WAMC can
accurately locate patients and equipment facility-wide using over
2,300 sensors after it goes online in late summer of 2000.
In addition to real-time location information, the VIS(TM) system provides
several other benefits. Womack is exploring the option to integrate the
VIS(TM) with its nurse call system to provide automatic Nurse Registry as well
as with other hospital information systems, including Emergency Department
tracking software to provide better scheduling and patient control.
One application unique to military hospitals is that they must be able to
handle mass casualties in both peace and wartime. VIS(TM) provides historical
data for process analysis, allowing the hospital to view time-motion data
dynamically. Improved analysis will lead to better process flow in mass
casualty exercises, which in turn will better prepare the staff and facility
for real life mass traumas.
Versus' government installations include such agencies as the Department
of Veteran Affairs, Los Alamos National Laboratories, and a pilot program with
the Naval Air Warfare Center. Womack Medical Center, which is Versus' first
project with the U.S. Army, serves over 160,000 beneficiaries per year. The
facility is located at Fort Bragg, North Carolina, home of the Airborne and
Special Operations Command. The installation is also home to the following
units: XVIII Airborne Corps, 82nd Airborne Division, United States Army
Special Operations Command (USASOC), and the 1st Corps Support Command
(COSCOM).
Separately, on August 25, the Company announced three contract awards
resulting from its Canadian marketing efforts. The first was to supply and
install its Wireless Nurse Call (WNC) system in the newly constructed Ste-
Anne-de-Beaupre facility located approximately 30 miles north of Quebec City,
Quebec. The 200-bed, long-term care facility, scheduled to open in mid-
September and is believed to be the first completely WNC installation in the
world. The second contract, with Les Filles de la Sagesse d'Ontario (Sisters
of Wisdom for Ontario) to supply and install a call system like the WNC system
at Ste-Anne-de-Beaupre, for their 110-room Provincial House located in Ottawa,
Ontario, which they are converting it into a care facility for the members of
their order. The final contract was to supply and install a WNC system under
an agreement with Bell Canada in Lakeshore General Hospital, a new 250-bed
facility being built in Montreal, Quebec.
Versus Technology, Inc. (http://www.versustech.com ) (Versus) is a
developer of leading-edge technology used for process improvement in the
healthcare, security, government and corporate markets. Versus' core
technology makes locating systems more precise, security systems more
intelligent, data collection routines automatic and asset management systems
more efficient. Versus' systems, which are currently installed in hospitals,
corporate facilities, government facilities and other complexes, permit the
automatic and accurate registry of essential management and business
information. By monitoring the precise location of personnel or equipment and
automatically recording events associated with their locations, the systems
offer real-time asset and staff locating, automatic data collection,
access/egress control and two-way communication capabilities. Versus'
proprietary locating systems are sold primarily through an expanding
international network of resellers who market Versus' products as enhancements
to their existing product lines. In addition to the reseller network, Versus
is also represented in Canada by an independent sales agent.
Safe Harbor Provision
This document may contain forward-looking statements relating to future
events, such as the development of new products, the commencement of
production or the future financial performance of the Company. These
statements fall within the meaning of forward-looking information as defined
in the Private Securities Litigation Reform Act of 1995. These statements are
subject to a number of important risks and uncertainties that could cause
actual results to differ materially including, but not limited to, economic,
competitive, governmental and technological factors affecting the Company's
markets and market growth rates, products and their rate of commercialization,
services, prices and adequacy of financing and other factors described in the
Company's most recent annual report on Form 10-KSB filed with the Securities
and Exchange Commission, which can be reviewed at sec.gov. The
Company undertakes no obligation to update, amend or clarify forward-looking
statements, whether because of new information, future events or otherwise.
SOURCE Versus Technology, Inc.
-0- 08/30/2000
/CONTACT: Gary Gaisser, President and CEO, or Robert Butler, Controller,
both of Versus Technology, Inc., 231-946-5868/
/Web site: versustech.com /
(VSTI)
CO: Versus Technology, Inc.; Womack Army Medical Center; Fort Bragg
ST: Michigan, Quebec, Ontario, North Carolina
IN: HEA CPR
SU: |
