DAOU Systems Inc. Signs Agreement to Provide Custom Interface Solutions and Network Support to 3M and Its Customers.Business Editors & Health/Medical Writers SAN DIEGO--(BW HealthWire)--March 23, 2000 DAOU Systems Inc. (Nasdaq:DAOU) today announced that it has signed a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. agreement with 3M Health Information Systems, under which DAOU will provide custom interface design and development to health care organizations needing to establish interfaces between non-3M software applications and 3M coding, classification and data analysis software. The agreement also calls for DAOU to provide its TechLink network support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to 3M Health Information Systems' customers. In addition, DAOU will work directly with 3M Health Information Systems to develop interfaces between Veteran's Administration applications and the 3M Coding and Reimbursement System and the 3M Health Data Management System. DAOU will provide TechLink backup support directly to 3M to help troubleshoot network and connectivity issues that may occur at customer sites. 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. Craig O. Hinton, integration services manager for 3M Health Information Systems, the agreement makes it possible for 3M to offer its customers a broader implementation solution. "As integrated delivery systems integrated delivery system Integrated provider Medical practice A coordinated health care system formed by physician groups and hospitals which ↑ efficiency and ↓ redundancy in providing health care; IDSs coordinate delivery of a broad range of health continue to expand and add more care sites, the installation and networking of software applications obviously has become more complex and time-consuming," said Hinton. "In order to help our customers quickly realize the benefits of the 3M software they have purchased, we believe it is imperative to offer them the services of a company like DAOU." Larry D. Grandia, chief executive officer and president of DAOU Systems, views the association between DAOU and 3M Health Information Systems as an important opportunity for both companies. "DAOU is proud to be associated with a quality organization like 3M Health Information Systems. We believe that the agreement will give 3M clients the benefit of knowing they are receiving strong technology products and support from two outstanding, complementary organizations," said Grandia. "As for DAOU, this should provide us multiple opportunities to do what we do best -- delivering specialized health care information services See Information Systems. to health care customers." DAOU Systems Inc. is a provider of integrated Information Technology (company) Integrated Information Technology - (IIT) A Santa Clara based company producing a programmable, single chip H.261 and MPEG system. The chip contains a RISC processor, originally based on the MIPS architecture but now called RISCit, and a "Pixel Processor". (IT) solutions and services to the U.S. health care industry. DAOU's capabilities range from up-front strategic consulting to IT system design, implementation and long-term tactical support. DAOU's IT offerings include data, voice and video networking, applications consulting and implementation, as well as operational and Internet solutions. DAOU has nearly 700 employees, and has provided services to more than 1,300 health care organizations, including many of the nation's top 100 integrated delivery systems. DAOU's clients include organizations such as the Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical , Catholic Healthcare West Catholic Healthcare West (CHW) is a California not-for-profit public benefit corporation that operates hospitals in California, Arizona, and Nevada[1]. As such, it is exempt from federal and state income taxes. , and Saint Mary's Saint Mary's, island, Scilly Islands Saint Mary's, England: see Scilly Islands. Health Network, Reno, Nev. More information about DAOU Systems can be found at www.daou.com on the World Wide Web. Except for the historical information contained herein, the matters discussed in this press release are 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. that involve numerous risks and uncertainties. The company's actual results could differ materially from those projected in such forward-looking statements and will depend upon a number of factors, including those discussed in the company's filings with the Securities Exchange Commission and other press releases of the company. |
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