Clinton to Offer Legislation to Protect Integrity and Privacy of Medical Records as ADC Continues to Execute Business Plan.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 31, 2000 In response to President Clinton's strong statements in regard to medical record integrity and privacy, Anonymous Data Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANYD), of Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , a biometric-based data management company, stated that the speech from the president recognizes a great need for services that supply medical record integrity, such as ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. provides. An excerpt from Clinton's State of the Union address “State of the Union” redirects here. For other uses, see State of the Union (disambiguation). The State of the Union is an annual address in which the President of the United States reports on the status of the country, normally to a joint session of Congress (the Thursday evening further illustrates the president's position on the importance and potential for abuse of medical records: &uot;First and foremost, we have to safeguard our citizens' privacy. Last year, we proposed to protect every citizen's medical record. This year, we will finalize those rules,&uot; said President Clinton. &uot;We've also taken the first steps to protect the privacy of bank and credit card records and other financial statements. &uot;Soon I will send legislation to you to finish that job. We must also act to prevent any genetic discrimination whatever by employers or insurers. I hope you will support that.&uot; The final address from President Clinton and his strong remarks toward medical record integrity were welcomed by Dr. James E. Beecham, of ADC: &uot;We are appreciative of the president's concern for an issue on which we have built a company. &uot;We believe that perhaps the public and some of our governmental leaders are as yet unaware of the potential harm that can be done through abuse or misuse or medical records. We are also confident that biometrics has a place in solving this problem.&uot; Anonymous Data Corp. is a sole-source original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) of ADCNET(TM). The systems integration company produces customized biometric identification systems under exclusive ADC patent licenses. One such application of the ADCNET(TM) is designed to maintain the control and confidentiality of sensitive medical test data entirely within the direction and discretion of the individual tested. The company's name, Anonymous Data, is derived from the ability to manage sensitive medical data without relying on the tested individual's name, but rather a biometric code (from scan of the tested individual's iris or electronic fingerprint). ADCNET(TM) is applicable to records in the courts and judicial systems, donor identification in plasma/blood banking, epidemiology, HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. and sexually transmitted diseases Sexually transmitted diseases Infections that are acquired and transmitted by sexual contact. Although virtually any infection may be transmitted during intimate contact, the term sexually transmitted disease is restricted to conditions that are largely (STD (Subscriber Trunk Dialing) Long distance dialing outside of the U.S. that does not require operator intervention. STD prefix codes are required and billing is based on call units, which are a fixed amount of money in the currency of that country. ), prevention of fraud in medical billing, confidential drug testing results and other businesses that require customized secure database applications. Additionally, ADCNET(TM) is applicable internationally in other areas where medical data ties to other important functions such as disaster relief, vaccination records, voter/health registration and passport control. For more information on Anonymous Data Corp., call 702/933-3713 or toll-free at 888/686-0756, or visit their Web site at www.adcx.com. Note: Statements contained in this release that are not strictly historical are forward-looking within the meaning of the 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. clause of 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. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and periodic filings with the Securities and Exchange Commission. |
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