Colorado MEDtech Inc. and TAVA Technologies Inc. Announce Licensing Agreement.BOULDER, Colo.--(BW HealthWire)--April 17, 1998--Colorado MEDtech Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CMED CMED Coordinated Medical Emergency Direction CMED Central Massachusetts Emergency Dispatch ) today announced the signing of a licensing agreement with TAVA TAVA Transgender American Veterans Association TAVA Toronto Association for Volunteer Administration Technologies Inc. (NASDAQ: TAVA) for TAVA's Plant Y2kOne(TM) products for year 2000 compliance of biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. devices used in hospitals, clinics and extended care facilities. CMED will modify the Plant Y2kOne(TM) software tool and database structure, as appropriate, to tailor it specifically to the needs of the health care market. The modified system will be called BioMed Y2kOne(TM). CMED will offer a combination of tools and services to support health care institutions' efforts to establish year 2000 compliance for their biomedical devices. CMED will work directly with clients in cooperation with information technology service companies that are providing year 2000 compliance services in the health care industry. CMED will also market TAVA's Plant Y2kOne(TM) product to hospitals, clinics and extended care facilities to address year 2000 compliance of embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. in building operations systems such as HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free controls, boilers and sprinkler systems. John Jenkins John Jenkins is a name shared by a number of notable individuals:
John Atanasoff John Atanasoff - John Vincent Atanasoff , Colorado MEDtech's president and chief executive officer, commented, "We believe that, with our strong medical device background and the BioMed Y2kOne(TM) system and database, we will be able to offer unique services to the health care industry." Atanasoff also added that the company already has secured one engagement to provide year 2000 compliance support for a large hospital chain. TAVA Technologies Inc., based in Englewood, Colo., is a leading provider of automation and information technology solutions to industry. Colorado MEDtech Inc., through its wholly owned affiliates and operating divisions, is a leading full-service provider of advanced medical products and comprehensive outsourcing services. CONTACT: Colorado MEDtech Inc. John V. Atanasoff or Bruce L. Arfmann, Phone: 303/530-2660 Fax: 303/581-1010 E-mail: cmedinfo@cmed.com Website: www.cmed.com or TAVA Technologies Inc. John Jenkins Phone: 303/771-9794 or Pacific Consulting Group Inc. Scott Liolios Phone: 714/574-3860 |
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