CyberCare Takes Active Role in Asian Healthcare Conference; Global Telehealth Company Represents United States in Discussions on Healthcare Information Technology.Business Editors/Health & Medical Writers BANGKOK, Thailand--(BW HealthWire)--Oct. 19, 2001 Today, CyberCare Inc. (Nasdaq:CYBR CYBR Copy Byte Right ) wrapped up its participation in the U.S. Trade and Development Agency's (TDA TDA Texas Department of Agriculture TDA Trade and Development Agency TDA Transportation Development Act TDA Tax Deferred Annuity (commonly known as TSA) TDA Tienda (Spanish: store) ) conference "Healthcare in Asia: New Technologies, New Options" that began in Bangkok earlier this week. Representatives from U.S. companies with expertise in the healthcare information technology (HCIT HCIT How Cool Is That? ) industry traveled to Thailand to foster relationships and pursue high-priority projects in seven Asian countries: China including Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL. SAR - segmentation and reassembly , India, Malaysia, Singapore, South Korea, Thailand, and Vietnam. TDA's General Counsel Leocadia Zak commended CyberCare's participation in the Conference. "In light of recent tragedies, it is critical for American companies to continue business relations with our world neighbors World Neighbors is a non-profit international development organization that works with some of the most remote and marginalized communities in ecologically fragile areas of Asia, Africa and Latin America. ," Zak said. "We are thankful for the support of corporations such as CyberCare. Their unique expertise in remote patient monitoring may provide a viable solution for Asian countries hoping to expand quality healthcare to their populations that otherwise may be hard to reach." The Conference showcased more than 25 projects of high-development priority for the attending host governments, offering potential export and sales of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. that are open for U.S. competition. TDA conferences offer an intimate forum for foreign project sponsors to meet one-on-one with American businesses, highlighting industry expertise and providing practical solutions to implement these projects. Specifically, Keqin Rao, M.D., director of The Center for Health Statistics and Information, Ministry of Health of People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China attended the Conference and assessed the equipment and services being presented by CyberCare as potentially valuable tools for implementing a remote patient monitoring system within the National Healthcare System of China. As a result, CyberCare is presenting a proposal for a strategic partnership to promote a research pilot project to establish the benefits of utilizing the new Electronic HouseCall(R) (EHC EHC Environmental Health Criteria EHC Environmental Health Center (NSC) EHC Eishockeyclub (German) EHC Extended Health Care (Plan) EHC Emory and Henry College (TM)) family of products. The pilot's mission would be to improve patient care, create a better utilization of resources within the healthcare system while freeing up needed beds in the hospitals. CyberCare's patented technology has been proven to reduce healthcare costs through developing better patient compliance to treatment and medication, thereby reducing re-hospitalization of patients due to a lack of effective monitoring. Some patients would be able to be treated at home, or at community centers equipped with voice, video and medical data applications, working in collaboration with the main hospital and giving patients better access to medical specialists via the new technology. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Daniel W. Bivins, Jr., president of CyberCare International, "These new technology products afford an opportunity to redefine the delivery of Asian healthcare for the chronically ill and aging populations and would help address the increasing demands upon its current healthcare system." About the U.S. Trade and Development Agency The U.S. Trade and Development Agency promotes American private sector participation by helping U.S. companies pursue business opportunities in developing and middle income countries. Through the funding of feasibility studies, orientation visits, specialized training grants, business workshops, and various forms of technical assistance, we help American businesses compete for infrastructure projects in emerging markets. In addition, the agency promotes capacity building initiatives and supports U.S. government trade, economic policy and development objectives around the world. Visit TDA's Website at http://www.tda.gov. About CyberCare, Inc. CyberCare, Inc. is a network-based telehealth solutions company improving the delivery of care through its 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. . CyberCare creates a live, interactive community that incorporates all members of the care team in the healthcare delivery process, resulting in cost reduction and improvement in the quality of patient care. Utilizing patented technology for remote monitoring and real-time interactive communications between chronically ill patients and their providers, CyberCare's Electronic HouseCall(R) System allows for effective and efficient data collection, case management and personal interaction. Headquartered in Boynton Beach, Fla., CyberCare also has physical, occupational and speech therapy businesses and an institutional pharmacy business. Visit CyberCare's web site at http://www.cybercare.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 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, product acceptance and effectiveness, 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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