Interquest subsidiary Blood Trac Systems Inc. and Mayo Clinic will work together to develop advanced computer solutions for blood industry.TORONTO, ONTARIO--(BUSINESS WIRE)--Oct. 24, 1995--Interquest Incorporated announces that its wholly-owned subsidiary Blood Trac Systems Inc., a leading developer of computer systems for the blood industry, and Mayo Clinic, a private group practice of medicine, have announced a joint research and development partnership to create computer software for blood transfusion blood transfusion, transfer of blood from one person to another, or from one animal to another of the same species. Transfusions are performed to replace a substantial loss of blood and as supportive treatment in certain diseases and blood disorders. practice. The new software package will enable users to manage and track blood received from a blood bank, the transfusion procedure and patient information. It will be designed to work in conjunction with BloodTRAC software, a product currently on the market, used for the management of blood donors and donations to blood banks. Mayo Clinic will serve as the primary reference site and provide expert input and technical consultation. Secondary reference sites also will be consulted to ensure the final product meets the needs of the industry as a whole. Blood Trac Systems will develop the system and market it on a worldwide basis. "As a recognized leader in high quality patient care, Mayo's participation ensures the development of an information solution that complements clinical practice geared towards improved efficiency and effectiveness of health care," says Jim Wheadon, Vice President of Blood Trac Systems Inc. Both Mayo and Blood Trac Systems point to the importance of this project in maintaining the advanced technology support needed to practice effectively in a changing blood industry environment. Increased regulatory requirements on the blood industry have resulted in a need for improved information accessibility, tracking and control. The objectives of this joint research and development project are to improve clinical efficiency and patient care by providing a system which will instantly provide consistent information to transfusion medicine transfusion medicine Blood banking A subspecialty of clinical pathology or internal medicine which is involved in Pt management through administration of blood cells and blood products including fresh-frozen plasma and cryoprecipitate; TM specialists are versant in practitioners and assist in efficient and effective decision-making. "By working together, we can produce an effective application, positioned for the future," says Lisa Koehler, Mayo Department of Laboratory Medicine and Pathology. "Blood Trac Systems' up-to-date technology and strong systems documentation are vital to developing this new software solution. The Company's knowledge of the blood banking industry and 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. requirements will help us meet current and future regulatory requirements." The new system that Mayo and Blood Trac Systems will develop, and Blood Trac Systems' current blood donor and collection software can function independently or be integrated with each other. Mayo will integrate the systems to support the practice of its fully functional donor centre and its two hospitals in Rochester, Minn. The integrated system will provide consistency of information, faster access to that information, and more efficient and accurate donor, patient and blood product processing. Mayo is a private group practice of medicine dedicated to providing diagnosis and treatment of patient illness through a systematic focus on individual patient needs. Mayo provides comprehensive hospital and outpatient services outpatient services Hospital-based services Managed care Medical and other services provided, to a nonadmitted Pt, by a hospital or other qualified facility–eg, mental health clinic, rural health clinic, mobile X-ray unit, free-standing dialysis unit Examples at each of its major locations in Rochester, Minnesota; Jacksonville, Florida; and Scottsdale, Arizona. At each site, clinical practice is closely integrated with advanced education and research programs. Blood Trac Systems is an information solutions provider with unique focus on the blood industry. Blood Trac Systems is headquartered in Edmonton, Alberta and develops and markets information solutions to blood collection agencies and transfusion medicine practices worldwide. Interquest specializes in the identification, investment in and development of emerging companies engaged in leading-edge technologies. In addition to its ownership of Blood Trac Systems Inc., IQIT shares represent underlying assets of approximately 15 percent (1,070,353) of the outstanding shares of Spectral Diagnostics Inc. (SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. - Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ; DIAGF DIAGF Die in A Grease Fire (gaming slang) - NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on ); approximately 15 percent (1,563,998) of the outstanding shares of American Sensors Inc. (ASZ ASZ Air Safety Zone ASZ Aku Soku Zan (gaming clan) ASZ Anwender Service Zentrum (German: User Service Center) ASZ Auto Stand-By Zoom (camera) - Toronto Stock Exchange; SNIFF - NASDAQ), approximately 38 percent (1,085,715) of the outstanding shares of LifeTECH Corporation (LFTK - CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), 100 percent of Diochem Corporation, and 15 percent of Techform Engineering AG. CONTACT: In Canada Stephanie Lupynec Interquest Incorporated Director of Communications Director of Communications is a position in the private and public sectors. The Director of Communications is responsible for managing and directing an organization's internal and external communications. 416/364-8441 or Craig Kolisniak Blood Trac Systems Inc. 403/430-3905 e-mail: bpohl@planet.eon.net In US Suzanne Leaf Mayo Clinic 507/284-1114 e-mail: sleaf@mayo.edu or Irving L. Straus, Chairman Straus Corporate Communications 212/768-2477 REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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