DiaSys Awarded Five-Year Supply Agreement by Broadlane.Health/Medical Writers SAN FRANCISCO & WATERBURY, Conn.--(BW HealthWire)--April 2, 2002 Broadlane Inc. and DiaSys Corporation (AMEX AMEX See: American Stock Exchange : DYX DYX Dyslexia ) today announced that Broadlane has awarded a five-year contract for DiaSys to provide its R/S R/S Remote Sensing R/S Rally Sport R/S Respectfully Submit R/S Report of Survey R/S Route Sheet R/S Reentry System R/S Revision Segment R/S Rationalization & Standardization R/S Regulatory or Safety (automotive requirements) Series Urine Sediment Analysis Workstations, FE-2 Series Ova & Parasite Analysis Workstations and proprietary line of Parasep Filter-Concentrator Tubes to Broadlane's healthcare customers nationwide. DiaSys was awarded the contract as part of Broadlane's intensive contract selection process, which focuses on delivering high-quality, cost-effective solutions to Broadlane hospital and other healthcare customers. To ensure that it selects the best products and vendors for its customers, Broadlane solicits input and direction from key end-users, such as physicians and nurses, as well as hospital business leaders. "We are very pleased to be added to Broadlane's portfolio of approved vendors," said Todd M. DeMatteo, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DiaSys. "This agreement gives DiaSys access to more than 1,700 Broadlane customer facilities and opens the opportunity to $11 million in new sales." About Broadlane Through an extensive suite of services, Broadlane delivers comprehensive supply chain management services to the healthcare industry. Those services include contract management, procurement strategy consulting, materials management outsourcing, and technology services. Among the companies that focus on improving efficiencies within the healthcare supply chain, only Broadlane offers this full array of services. Broadlane customers include leading healthcare providers such as Kaiser Permanente, Tenet Healthcare Corporation, Universal Health Services Universal Health Services, Inc. NYSE: UHS is a Fortune 500 company based in King of Prussia, Pennsylvania. This company is one of the nation's largest health care management companies, operating acute care hospitals, behavioral health facilities and ambulatory centers , Continuum Health Partners, The Health Alliance of Greater Cincinnati, Kindred Healthcare, Community Health Systems, U.S. Oncology, Alliance Imaging Inc. and others. Broadlane counts among its customers more than 300 acute care hospitals and more than 1,400 sub-acute care facilities. Broadlane has offices in San Francisco and Oakland, CA; Cincinnati; Dallas; and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . For more information visit www.broadlane.com. About DiaSys DiaSys Corporation designs, develops, manufactures and internationally distributes medical laboratory instrumentation, consumables, reagents and test kit products with applications in urinalysis, microbiology and cytology cytology (sītŏl`əjē), in biology, the study of the structure of all normal and abnormal components of cells and the changes, movements, and transformations of such components. . DiaSys and Parasep are registered trademarks of DiaSys Corporation. The foregoing press release includes "forward looking statements" within the meaning of, and made pursuant to, 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. provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company or events, or timing of events, relating to the Company to materially differ from those expressed or implied by such forward looking statements. DiaSys refers interested parties to its most recent Annual Report on Form 10-KSB and other SEC filings for a complete description of, and discussions about, the Company. |
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