CareDecision Corp. Signs Strategic Development and Marketing Agreement with PracticeXpert, Inc.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Oct. 9, 2003 Company Envisions That E-Health Contract Will Establish 360 Degree Marketing and Wi-Fi Product Installation Strategy CareDecision Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CDED CDED Canadian Digital Elevation Data CDED Common Desktop Environment Developers (Unix) ) today announced that it has executed a Strategic Development and Marketing Agreement with PracticeXpert Services Corp., a wholly-owned subsidiary of PracticeXpert, Inc. (OTCBB:PXPT). This agreement will provide access for the company's MD@Hand Wi-Fi PDA-based e-health products to the growing physician customer base serviced by PracticeXpert. The agreement also entails the joint strategic development of new PDA-based healthcare products employing CareDecision Corp.'s patent-pending Wi-Fi communication technologies. Robert Cox Robert Cox may refer to several different people or things:
penetration - the act of entering into or through something; "the penetration of upper management by women" . We will assist in the integration of the two product systems and also in their continued technological advancement. PracticeXpert will, however, become the vessel that effectively navigates the products to their healthcare destinations. We are pleased and grateful to have found a marketing partner with PracticeXpert's prominent market position." Jonathan Doctor, 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 PracticeXpert, Inc., commented, "This agreement is a union of timing and opportunity. Our discussions originated with our examination of the e-health systems created by CareDecision. Our management quickly arrived at the conclusion that these Wi-Fi technologies could enhance the value and impact of our own products. The marriage and integration of our two separate lines appeared not only logical but also desirable." Mr. Cox concluded, "Since its inception, our ResidenceWare lodging product has justifiably consumed an ever-increasing proportion of the Company's available resources. Its rapid embrace by the hotel/motel industry compelled an escalating and pragmatic modification in our strategic and operational focus. Our roots, however, emanate em·a·nate intr. & tr.v. em·a·nat·ed, em·a·nat·ing, em·a·nates To come or send forth, as from a source: light that emanated from a lamp; a stove that emanated a steady heat. from the healthcare segment of the greater technology industry. Agreements such as the one we have signed with PracticeXpert will permit our organization to fulfill the promise and expectations surrounding our ResidenceWare product system, while simultaneously attaining the market penetration we have long anticipated with our e-health technologies." 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 This release contains 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. about our business or financial condition 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 release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934. |
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