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APACHE Comments On Announcement From H-Quotient, Inc.


Business Editors & Health/Medical Writers

BIOWIRE2K

MCLEAN, Va.--(BW HealthWire)--Feb. 1, 2001

APACHE Medical Systems, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: AMSI AMSI Australian Mathematical Sciences Institute
AMSI Ambient Surround Imaging
AMSI Atlantic Merchant Shipping Instructions
AMSI Ameritech Message Signal Interface
) confirmed today that it is aware of the announcement by H-Quotient, Inc., made earlier this week, that H-Quotient intends to make an unsolicited un·so·lic·it·ed  
adj.
Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions.


unsolicited
Adjective
 offer to acquire a minimum of fifty-one percent (51%) of the outstanding shares of APACHE.

Violet Shaffer, President and COO of APACHE stated: "We have seen the announcement issued by H-Quotient. However, we have not received any subsequent information from H-Quotient regarding the proposed offer. Therefore, we are unable to evaluate the merits of any potential offer that H-Quotient may make. When or if we receive such information, our management and board of directors will take appropriate measures in considering the offer."

APACHE Medical Systems, Inc. -- a recognized leader in clinical decision support/outcomes management systems and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 for the care of high-risk patients -- provides products and services that enable health systems, hospitals and providers to apply an evidence-based approach to achieve clinical performance excellence, reduce cost and compete effectively under managed care. APACHE is helping providers better manage the clinical, financial and patient outcomes of high-risk, high-cost patients in critical, acute, cardiovascular and HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome  care. APACHE provides advanced clinical data collection tools, registry management and analytic services for federal government research, as well as in support of clinical trial design and product-effectiveness evaluations for the pharmaceutical and medical device industries.

APACHE (www.apache-msi.com) is headquartered in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. .
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 1, 2001
Words:244
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