Bio-Imaging Technologies' CapMed Division Partners with MedicAlert to Market Portable Electronic Medical Record.NEWTOWN, Pa. -- Bio-Imaging Technologies, Inc. ("Bio-Imaging") (NASDAQ/NMS:BITI BITI Bio-Imaging Technologies, Inc. (stock symbol) ) today announced that its CapMed division has partnered with MedicAlert(R) Foundation to jointly market a MedicAlert(R) Personal HealthKey consumer health care application for the secure storage, maintenance and communication of personal health information using USB flash drive See USB drive. technology. The MedicAlert(R) Personal HealthKey will leverage the best-of-breed capabilities offered by each entity MedicAlert(R), one of the world's largest non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. , has devoted decades of service to protecting and saving lives throughout the world. As an added benefit to its unparalleled service, MedicAlert(R) will soon offer the MedicAlert(R) Personal HealthKey to both current and potential members. The MedicAlert(R) Personal HealthKey is powered by CapMed's patent pending Personal HealthKey with a customized version of CapMed's personal health management application. The MedicAlert(R) Personal HealthKey will enable immediate access to emergency information, as well as securely store personal health information. Updates can by provided by both the patient and those authorized by the patient such as a physician, specialist, or a pharmacist pharmacist /phar·ma·cist/ (fahr´mah-sist) one who is licensed to prepare and sell or dispense drugs and compounds, and to make up prescriptions. phar·ma·cist n. . Information can be accessed at the user's discretion via any USB-enabled computer worldwide. Purchase of the MedicAlert (R) HealthKey will also activate the MedicAlert(R) Advantage membership that includes unlimited updates and family notification. This service will also provide online backup Using the Web to store copies of data for backup. There are numerous providers on the Internet that charge for storage, and fees are typically based on capacity. Online backup services provide offsite backup, which is essential for disaster recovery. See backup types. of information on the secure MedicAlert(R) database with 24/7 support from the MedicAlert(R) Emergency Response Center. "We are pleased to announce this partnership with CapMed," said MedicAlert Foundation Vice President for Marketing Ramesh Srinivasan, "It re-affirms our commitment to our members of not only saving lives, but enabling them to efficiently manage their personal health information through cutting edge technology." Wendy Angst angst 1 n. A feeling of anxiety or apprehension often accompanied by depression. angst 2 abbr. angstrom , general manager of Bio-Imaging's CapMed division, said, "We are very excited about this partnership with MedicAlert(R) The product supports one of the core components of the National Health Information Technology Infrastructure recently unveiled in Washington, DC that identifies personal health records and consumer-centric care as a core component." Mark Weinstein, president 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. of Bio-Imaging, said, "We have worked very hard over the past year to refine our strategy and products to support and accelerate the adoption of portable and interoperable personal health records. We believe that being chosen by MedicAlert as the product and company to team with to further their corporate mission of protecting and saving lives establishes our products as "best in class" for the rapidly evolving market in creating and maintaining comprehensive personal health management applications. We look forward to working with MedicAlert in the coming years to see our collective vision of protecting and saving lives come to fruition." The MedicAlert(R) Personal HealthKey will be available for consumers to purchase directly through retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → 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. in the first half of 2005, and other select third-party channels, and available for direct purchase from both CapMed and MedicAlert(R) in first quarter 2005. About CapMed CapMed, a division of Bio-Imaging Technologies, Inc., (NASDAQ/NMS: BITI) is based in Newtown, PA. The CapMed Personal Health Record(TM) (PHR PHR Personal Health Record PHR Physicians for Human Rights PHR Professional in Human Resources PHR Public Health Reports PHR Partnerships for Health Reform Phr Phrygian (linguistics) PHR Presse Hebdomadaire Régionale ) and Personal HealthKey(TM) provide hospitals and health systems, employers and pharmaceutical organizations with custom personal health management solutions and marketing tools to increase market share, reduce costs of care, improve patient-provider communications, and empower patients to be more active in personal health management. This is accomplished through a combination of personal health management tools, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. education, and links to relevant community resources. About MedicAlert Founded in 1956, MedicAlert (www.medicalert.org) is one of the world's largest nonprofit membership organizations with a mission to protect and save lives. The MedicAlert Electronic Health Record provides a secure and seamless transfer of identification and medical information to health and safety professionals 24 hours a day anywhere in the world, thereby ensuring patient safety and improving the quality of their care. Headquartered in the United States, MedicAlert has affiliates in nine countries including Canada, the United Kingdom, Australia, and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. that help serve more than 4 million members around the globe. Certain matters discussed in this press release are "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. " intended to qualify for the safe harbors 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. from liability established by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstance. |
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