CYBeR-CARE Announces FDA Approval for Electronic Stethoscope.Business Editors/Health & Medical Writers ATLANTA--(BUSINESS WIRE)--Dec. 21, 2000 CYBeR-CARE, Inc. (Nasdaq:CYBR CYBR Copy Byte Right ), a telehealth technology innovator, recently received clearance from the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. to market its electronic stethoscope stethoscope (stĕth`əskōp') [Gr.,=chest viewer], instrument that enables the physican to hear the sounds made by the heart, the lungs, and various other organs. The earliest stethoscope, devised by the French physician R. T. H. . The stethoscope will be integrated with the Electronic HouseCall(TM) System family of products and will provide the industry with an economically priced tool with several technological advantages over current industry offerings. Developed internally by CyberCare Technologies, the electronic stethoscope's advantages include its competitive pricing, superior frequency range, and its status as the only packet network-based stethoscope on the market today. CyberCare Technologies has filed a patent on the application technology for the stethoscope. Packet technology benefits system users by simultaneously transmitting data received from the stethoscope along with voice and visual information. All information is received in real-time by the caregiver and is available to payors and caregivers through the secure CYBeR-CARE network. Caregivers can measure results against historical data, from the stethoscope and other monitoring tools available on the Electronic HouseCall System to enable them to deliver better care and more effective disease management treatment. "We are pleased to be able to announce the FDA approval for our electronic stethoscope," said Mike Lemnitzer, Vice President of Business Development, CyberCare Technologies. "This tool enhances our product and raises the bar on such offerings in the telehealth marketplace. By making superior technology available, we not only improve what's accessible to chronically ill patients, we also expand the possibilities for future innovations in the telehealth space." The product underwent clinical trials at the nationally renowned Sheppard Spinal Center in Atlanta and will be available for shipment in January. About CYBeR-CARE, Inc. CyberCare Technologies is a subsidiary of CYBeR-CARE, Inc. Based in 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. , FL, CYBeR-CARE is a technology assisted health management company with three business lines: (1) Electronic HouseCall(TM) System, a patented Internet-based technology Refers to the communications infrastructure of the Internet, which is based on the IP protocol. IP is part of the TCP/IP protocol suite. It may also refer to voice over IP (VoIP), which uses the Internet to make telephone calls. See VoIP, IP and TCP/IP. system that provides for the remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a of individuals for health care purposes; (2) physical, occupational and speech therapy centers; and (3) an institutional pharmacy. CYBeR-CARE can be found on the Web at http://www.cyber-care.net. 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 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. 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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