EncounterCare Solutions, Inc. Announces FDA 510 (K) Product Status.PALM BEACH GARDENS, Fla. -- Ronald Mills, Sr., 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 EncounterCare Solutions (Pink Sheet:ECSL ECSL - Extended CSL. A discrete simulation language, the successor to CSL. ["Extended Control and Simulation Language", A.T. Clementson, Comp J 9(3):215-220 (1966)]. ), announces that LOX-Stat(TM) - Digital Liquid Oxygen Content Gauge gains FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. 510(K) approval. LOX-Stat(TM) is a product of CyberMedx Medical Systems, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an EncounterCare Solutions' wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . LOX-Stat(TM) is a part of the STATus(TM) home care division product line and is a replacement contents gauge for the Puritan Bennett Puritan Bennett has been a provider of respiratory products since 1913 originally as a medical gas supplier. In addition to critical care ventilation, Puritan Bennett provided medical devices for patients outside of the acute care environment. Companion(TM) line of liquid oxygen tanks. LOX-Stat(TM) can replace the existing diaphragm gauge providing digitally accurate contents and battery status information. When LOX-Stat(TM) is coupled with the NettCom telephony device the tank information can be transmitted to the STATus Electronic Medical Data Exchange(TM) (EMDE). EMDE is a HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, compliant Internet based data management system. EMDE provides attached device data management for provider operation and can be interfaced to the STATus Electronic Medical Record(TM) (EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. ). Mr. Ronald R. Barnett, President / CEO of CyberMedx Medical Systems stated, "We are extremely enthusiastic about now being able to implement this part of our program. There are approx 1,000,000 liquid oxygen tanks that can be retrofitted with our gauge. We are in discussions with manufacturing to meet this need. LOX-Stat capabilities provide digitally accurate information for the patients using the specific liquid oxygen systems and can help reduce operational costs." Another CyberMedx product is also undergoing the FDA 510(K) process. CyberStat2(TM) is part of the InteleNett hospital division product line. CyberStat2(TM) is designed as a HIPAA compliant wireless patient data management system that connects patient monitoring devices to a central station and auto-populates an EMR. CyberMedx Medical Systems provides patient data management, communication, and information systems to the hospital and home care industries. CyberMedx has developed the InteleNett(TM) family of patient data management products for hospitals and the STATus(TM) family of device data management products for home care. These systems increase productivity, reduce cost, improve efficiency, and extend the operational life expectancy Life Expectancy 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. of existing patient monitoring and therapy delivery devices. Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal 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. Act of 1995. When used in this press release, the words or phrases "will likely result", "expected to", "will continue", "is anticipated", "estimate", "projected", "intends", or similar expressions are intended to identify "forward-looking statements" within, the meaning of the Private Securities Litigation, Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital changes in laws or regulations, the affects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, and the ability of the Company to obtain additional financing. Such factors could materially adversely affect the Company's financial performance and could cause the company's actual results for future periods to differ materially from any opinions or statements expressed within this press release. Additional discussion of such factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's SEC filings. |
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