Aether Systems Announces Agreement with ParkStone Medical To Deploy Wireless Solutions to Physicians.Business/Medical Editors & High Tech Writers OWINGS MILLS, Md. & FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Aug. 14, 2000 Aether aether: see ether, in physics and astronomy. Aether god of whole atmosphere. [Gk. Myth.: Jobes, 42] See : Air Extends Healthcare Presence Through Access to Physicians Nationwide; Plans $15 Million Investment in ParkStone Aether Systems, Inc. (Nasdaq:AETH), a leading provider of wireless data products and services, and ParkStone Medical Information Systems, a leader in providing handheld technology solutions to physicians, today announced a strategic alliance whereby Aether will wirelessly enable ParkStone's handheld, point-of-care solutions. Additionally, Aether intends to lead ParkStone's pending round of funding with a $15 million investment. Under the terms of the agreement, Aether will provide a comprehensive suite of wireless connectivity services and solutions to assist ParkStone in leveraging its handheld software applications and significant relationships with the nation's leading pharmaceutical manufacturers, insurance carriers, pharmacies and pharmacy benefit managers. Additionally, ParkStone has committed to deploying a minimum of 10,000 wireless devices utilizing the Aether Intelligent Messaging An earlier messaging system from Banyan Systems that ran on NetWare and VINES servers and incorporated Banyan's popular Streettalk directory service. It included a basic mail program, which could be upgraded to the more advanced BeyondMail system. See ePresence. (AIM) software platform, and Aether's network operations and customer care center. "We are extremely excited to work with ParkStone and believe their commitment to deploying handheld solutions to physicians further validates Aether's wireless vision," said Aether Chairman and 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. David S. Oros. "This alliance positions Aether as a leading enabler of wireless solutions in the healthcare industry." The alliance will enable ParkStone to wirelessly-enabled hand-held devices physicians nationwide to better serve patients at the point-of-care through access to patient specific clinical data and best practice treatment protocols. Physicians will also be able to enjoy increased efficiency by streamlining workflow, automating paper-based processes and reducing time incurred in patient medication management. "As the leader in wireless data services, Aether is the ideal partner to assist us in achieving our mission," said John J. Johnson, CEO and president of ParkStone. "Together, ParkStone and Aether will begin deployment of technology solutions that will revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the way healthcare information is shared and managed by physicians." About Aether Systems, Inc. Aether Systems, Inc. is a leading provider of wireless and mobile data products and services allowing real-time communications and transactions across a full range of devices and networks. Using its engineering expertise, the ScoutWare(TM)family of products including the Aether Intelligent Messaging (AIM) software platform, and its network operations and customer care center, Aether seeks to provide comprehensive, technology-independent wireless and mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings solutions. Aether develops and delivers wireless data services across a variety of industries and market segments in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally. For more information, please visit www.aethersystems.com About ParkStone ParkStone Medical Information Systems is a leader in the development of hand-held solutions for physicians. The company was founded in 1997 by Glenn M. Parker, M.D., a board-certified internist internist /in·tern·ist/ (in-ter´nist) a specialist in internal medicine. in·ter·nist n. A physician specializing in internal medicine. , and Lewis P. Stone, B.S., C.S.E, a software systems architect. Today more than 1,000 physicians are using ParkStone's device to electronically manage prescriptions and referrals. ParkStone is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Ft. Lauderdale, Fla. and funded by Oak Investment Partners, Partech International, Cardinal Health <includeonly></includeonly> Cardinal Health (NYSE: CAH) is a premier, global healthcare company dedicated to making healthcare safer and more productive. Overview Headquartered in Dublin, Ohio, Cardinal Health, Inc. Partners and Salix Ventures. For more information about ParkStone Medical Information Systems, Inc., please visit the ParkStone Web site at http://www.ParkStonemed.com or contact Sherold Barr 541/343-9623. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks, uncertainties and assumptions about Aether that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the ability of Aether and ParkStone to successfully work together to develop new products and the acceptance of products developed by ParkStone and Aether. These risks and other risk factors are described in Aether's report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. with respect to the fiscal year ending December 31, 1999 and other documents filed with the Securities and Exchange Commission. Aether undertakes no obligation to update the forward-looking statements contained in this press release. |
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