CYBeR-CARE Announces Alliance With Health-Link Group to Offer Its Electronic Housecall System to the Assisted Living Market.Business Editors/Health & Medical Writers BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla.--(BW HealthWire)--Jan. 6, 2000 CYBeR-CARE, Inc. (Nasdaq:CYBR CYBR Copy Byte Right ) announced today that it has signed an agreement with Health-Link Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Atlanta, Georgia, a provider of services to assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. facilities, to begin offering CYBeR-CARE's Electronic Housecall System, an Internet-based, patented technology that allows people to be monitored remotely in these facilities by healthcare providers, to residents of assisted living facilities in twelve major markets across the United States. Based upon the success of this program, other markets may be added under the agreement. Charles P. Garrison, M.D., 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 Health-Link Group stated, "People who enter into assisted living facilities are at a very crucial stage in their life where they must have support in order to maintain their health. The wellness programs of Health-Link Group and the remote monitoring capability of CYBeR-CARE's Electronic Housecall System will bring real improvements into the health and quality of life of these residents. We believe this capability will become a primary decision factor when choosing among the many assisted living facilities in their community." Health-Link Group expects to place 100 systems this year and to eventually place the Electronic Housecall System in 5% to 10% of the 60,000 assisted living facilities in the United States within the next three years. Health-Link Group and CYBeR-CARE have been jointly piloting this program in Georgia-based assisted living facilities for almost 2 years in conjunction with the Medical College of Georgia In 1828, it was chartered by the state of Georgia as the Medical Academy of Georgia, with plans to offer a single course of lectures leading to a bachelor's degree. It opened the following year on October 1st at the Augusta hospital. . "The Electronic Housecall technology was designed to use the power of the Internet to deliver real healthcare services, not just information. We have been focused in the past on meeting the special needs of the highest cost, chronically ill patients. This alliance shows that the technology is very well suited for patients with less critical needs as well. The innovative programs of Health-Link Group will allow us to efficiently serve both markets," said David Richey, Vice President of Sales and Marketing at CyberCare Technologies. Based in Boynton Beach, Fla., CYBeR-CARE is a technology-assisted disease management company with four business lines. The company offers the Electronic Housecall System, a patented Internet-based technology system that provides remote monitoring for healthcare purposes. In addition, CYBeR-CARE operates physical, occupational and speech therapy centers, an e-pharmacy and one of the world's largest air ambulance air ambulance Emergency medicine A helicopter or, less commonly, a fixed wing aircraft, used to evacuate a person who requires immediate medical attention that cannot be provided at his/her current location transport services. 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. Statement under 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: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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