New market for VisualMED in North Africa.MONTREAL -- Government agency helps planning pilot project VisualMED Clinical Solutions Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VMCS VMCS Vehicle Management Control System ) announces today that its European distribution partners are moving ahead with a planned pilot implementation in one of Tunisia's most modern hospitals, in partnership with a leading Tunisian medical equipment company, Sonotec S.A.R.L. This partnership is sponsored by the Canadian International Development Agency The Canadian International Development Agency (CIDA) is a Canadian government agency which administers foreign aid programs in developing countries. CIDA operates in partnership with other Canadian organizations in the public and private sectors as well as other (CIDA CIDA Canadian International Development Agency CIDA Council for Interior Design Accreditation (Grand Rapids, MI) CIDA Centro de Información Documental de Archivos CiDA Certificate in Digital Applications ). There are more than 15 mid-sized hospitals in Tunisia, both private and public, that can profit from the cost reduction and life-saving benefits provided by the VisualMED system. Many Tunisian hospitals offer full service medical care to European patients looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. timely treatment. "We're very happy with this latest breakthrough in a promising market," says Gerard Dab, VisualMED Chairman 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. . "Tunisia and some of the other regions of North Africa have quite a modern healthcare system and represent a significant opportunity for our multi-language platform that currently supports applications in English, French, Spanish, Italian, German and Dutch." The main site under consideration for the pilot project is the 400-bed Habib Thameur Hospital, third largest hospital in Tunis. Leading this effort to make Habib Thameur a paperless and digital hospital are Professors Daghfous, (Radiology), Slimane, (Cardiology), Kastalli, (Lab Services) and Jerbi, (Emergency). According to Mr. Denis Paradis, of Montreal's Ecole des Hautes Etudes Commerciales, chief consultant on the project, "Our studies of the North African healthcare industry clearly indicate an open and willing market for advanced technologies like VisualMED." Key to the success of this venture is the leadership of Mr. Ahmed Jeljeli, CEO of Sonotec S.A.R.L. Sonotec's products are found in every major Tunisian hospital, and has for more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. represented major North American, European and Japanese interests in the region. Product and Pricing The VisualMED Clinical Information System (CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S ) is a unique software application built to conform to the way doctors and nurses provide and document patient care. The VisualMED CIS is the only solution of its kind to have been wholly designed by practicing medical staff in terms of both workflow and user interface. The cost for a hospital to implement a Clinical Information System can vary between 2 and 20 million dollars depending on the size, the nature of the selected technology, the system's configuration, and the chosen applications. The Market There are over 5,500 hospitals in the United States Lists of hospitals for each U.S. state:
CPOE Computerized Provider Order Entry CPOE Computerized Prescriber Order Entry or decision support. A leading U.S. consulting organization believes that 50% of hospitals in America will be moving to CPOE in the next 4 years. Management believes in a more cautious scenario, one that would see between 10 and 15% of hospitals adopting CPOE within this time frame. This would still represent a multi-billion dollar market opportunity for our industry. About the Company VisualMED Clinical Solutions Corp. creates, markets and distributes clinical management solutions that help hospitals and healthcare authorities reduce medication errors, increase personnel efficiency and bring down operating costs. One of its key components, Computerized Physician Order Entry (CPOE), is a core solution in the new agenda to promote greater patient safety and reduce the morbidity and mortality Morbidity and Mortality can refer to:
Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com Forward-Looking Statements Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results. |
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