Cyclone Solution Speeds Controlled Substance Ordering and Fulfillment; OEM Partnership With Entrust Provides Strong Security for Online Transactions.Business Editors/High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan. 21, 2004 Cyclone Commerce, Inc. the collaborative commerce company, today announced a Controlled Substance controlled substance n. a drug which has been declared by federal or state law to be illegal for sale or use, but may be dispensed under a physician's prescription. Order System (CSOS CSOS Center for Social Organization of Schools ) solution that is aimed at helping pharmacies, distributors, and pharmaceutical suppliers securely automate the purchase and supply of Schedule I and II controlled substances. As part of this offering, Cyclone also announced an 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 partnership with Entrust, Inc. (Nasdaq:ENTU), in which Cyclone will use Entrust technology to help buyers place and manage CSOS orders electronically, using strong, FIPS (Federal Information Processing Standards) A series of publications issed by the U.S. National Institute of Standards and Technology (NIST) that specifies information security guidelines for federal government departments and agencies. 140-2 validated security that surpasses U.S. Drug Enforcement Administration The Drug Enforcement Administration (DEA) was established in 1973 by President richard m. nixon as part of the Justice Department, thus uniting a number of federal drug agencies that had often worked at cross-purposes. (DEA DEA - Data Encryption Algorithm ) requirements. Cost control, heightened security, and the need for greater visibility into transactions are driving the healthcare industry to adopt electronic versions of Form 222, the DEA's paper-based form for ordering controlled substances. Cyclone's CSOS solution helps suppliers validate each buyer, and fulfill and manage CSOS orders more efficiently, which may reduce the average cost of processing orders by up to an estimated 85 per cent savings(1). It also generates an audit trail of data movement and handles electronic reporting to the DEA. "Cyclone's new CSOS solution lets buyers and suppliers view archived orders, acknowledgements, and shipping documents anywhere in their process, even before and after translation," said Ron Gabrisko, vice president of Health and Life Sciences for Cyclone Commerce. "You can view events in the order process, such as signing and validating orders and receiving MDNs (Message Disposition Notifications), and confirm that orders were delivered properly." Under the OEM agreement with Entrust, Inc., Cyclone will bundle a component of Entrust's standards-based security technology with its CSOS solution. Entrust is a leader in providing solutions that secure digital identities and information and are validated against the Federal Information Processing Standard Federal Information Processing Standards (FIPS) are publicly announced standards developed by the United States Federal government for use by all non-military government agencies and by government contractors. 140-1 (FIPS). The company also provides a technology foundation for the Federal Bridge Certification Authority See CA. (FBCA FBCA Federal Bridge Certification Authority FBCA Federation of British Cremation Authorities (UK) FBCA Florida Business Corporation Act FBCA First Baptist Church Arlington (Texas) ), a multi-agency program that enables Federal agencies to securely communicate and share information. "The combination of Cyclone's leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business management capabilities with Entrust's proven security technology will help organizations easily transform their business processes as they move from paper-based to secure electronic drug orders," said Eric Skinner, vice-president, Secure Data Solutions, Entrust, Inc. "We look forward to pursuing strategic customer opportunities with Cyclone in 2004." The CSOS initiative provides a catalyst to modernize existing ordering, tracking, and supply chain functions. As with any industry-wide standard process, the real determination of payoff will be in the how each company chooses to implement the process. Cyclone Commerce's solutions help buyers and suppliers of Schedule I and II controlled substances: -- Easily connect to the DEA for reporting, complying fully with CSOS requirements -- Automate manual order processes to increase order frequency and reduce order cycle time -- Create real-time visibility into the entire ordering process for improved order tracking and troubleshooting -- Reduce the supplier's burden to verify the buyer's DEA status -- Increase security over existing processes, providing end-to-end protection of data and authentication of users and transactions -- Automatically archive orders and recall them using human-readable formats -- Provide audit trails and visibility throughout the entire lifecycle of each order -- Compare an original order with actual shipment, and save adjusted version -- Bypass antiquated communication mechanisms with an open, extensible solution that works with current IT infrastructure and handles new applications as needed as needed prn. See prn order. (1) From the HDMA HDMA Healthcare Distribution Management Association (United States; formerly National Wholesale Druggists Association) HDMA Heavy Duty Manufacturers Association HDMA Hand Drawn Map Association (website) 2003 Distribution Management Conference and Expo, "Electronic Controlled Substance Ordering System (CSOS) Status Update," June 10, 2003, CSOS Industry Core Team. About Cyclone Commerce, Inc. Cyclone Commerce, Inc., The Collaborative Commerce Company, provides market-leading solutions that enable businesses to simply connect manage and collaborate with their Value Chains over the Internet. Cyclone's software and services solve an urgent need for global 2000 businesses to extend their enterprises "outside the four walls" to suppliers, customers and other partners. Founded in 1996, Cyclone Commerce is headquartered in Scottsdale, Ariz. Customers: Cyclone's 1,000 customers are some of the most well recognized brands, including all of the top 10 pharmaceutical manufacturers, the top 4 healthcare distributors, some of the world's largest retailers, 30 top suppliers of consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , the world's top 2 computer manufacturers, the top 3 electronics distributors, and 100 financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations, including the world's largest investment provider. Selected Awards: Computerworld's "Innovative Technology Award," 10/02; Upside's "Hot 100," 2002; Retail Information Systems "#1 Retail Satisfaction," 1/03; Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and Technology, "Best of Breed," 1/03 More Information: www.cyclonecommerce.com About Entrust Entrust, Inc. (Nasdaq:ENTU) is a world leader in securing digital identities and information, enabling businesses and governments to transform the way they conduct online transactions and manage relationships with customers, partners and employees. Entrust's solutions promote a proactive approach to security that provides accountability and privacy to online transactions and information. Over 1,200 enterprises and government agencies in more than 50 countries use Entrust's portfolio of security software solutions that integrate into the broad range of applications organizations use today to leverage the Internet and enterprise networks. For more information, please visit http://www.entrust.com. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion