ATR Search Completes Merger With E-Health and PDA Innovator Medicius, Inc.; Combined E-Health Entity Changes Name to CareDecision Corp.; Trading Symbol Now CDED.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 8, 2002 ATR ATR Achilles tendon reflex, see Ankle reflex Search Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CDED CDED Canadian Digital Elevation Data CDED Common Desktop Environment Developers (Unix) ) (formerly OTCBB:ATSC (Advanced Television Systems Committee) An international digital television (DTV) standard adopted by the U.S., Canada, South Korea, Taiwan and Argentina. ) today announced that it has concluded its merger with Medicius, Inc., the e-health technology developer and medical PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). innovator. The acquisition, originally announced through a Letter of Intent dated April 5, 2002, follows shareholder approval by the stockholders of both corporations. Effective today the merged entities has changed its name to CareDecision Corp. The trading symbol Trading symbol See: Ticker symbol is now CDED. An updated corporate profile is available from the company. "Our company has now completed the first stage of its planned transformation," stated CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert Cox. "We are making accelerated progress in the attainment of our collective vision to assemble a fully integrated, scaleable corporation whose sole focus is the provision of comprehensive, cutting-edge Internet-enhanced medical technologies. We fully expect that those resultant technologies will empower CareDecision Corp. to assume a place on the leadership mantel in e-health. The merger with Medicius is the first, but perhaps the crucial step, in the advancement of our endeavor. "This announcement is the first in what we expect to be a consistent series of substantive releases that will communicate to the financial markets and our investors our continued progress in the growth and development. The company will begin early next week with an elaboration of the content of our merger and the positive implications that it represents for our shareholders. We intend to detail the breadth and depth of our technologies, pending patents and trademarks, the robust sales pipeline, new technological advancements, and the valued management competency that has been realized through the conclusion of this merger," concluded Cox. About CareDecision Corp. CareDecision Corp. is an Internet-enhanced PDA-based information technology (IT) company that provides physicians with sophisticated information solutions at the point-of-care. The company's patent-pending software systems, communication technologies and clinical applications furnish office-based physicians with vital patient information via the Web on a Microsoft Windows CE-based PDA and the mechanism for electronically communicating value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. medical, administrative and financial information to insurers, pharmacies, clinical labs, and hospitals. Forward-Looking Statements This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by Section 21E of the Securities Exchange Act of 1934. |
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