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LTX Labrador Resources Inc

0.03
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Labrador Resources Inc TSXV:LTX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.03 0.03 0.035 0 01:00:00

Labrador Re-Establishes Healthcare Initiative

02/06/2009 4:22pm

Marketwired Canada


(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Labrador Technologies Inc. (TSX VENTURE:LTX) ("Labrador" or "LTI") and Momentum
Dietary Solutions ("Momentum Dietary Solutions") have reached a partner
agreement to employ the Labrador(R) Tools in Momentum Dietary's Suite of
Applications, which will enable powerful querying capabilities across the SQL
databases comprising Momentum's Dietary Management Application.


President of Momentum Dietary Solutions, Garth Smith said, "We could continue
down the path of building queries and management reports one-at-a-time, or we
could work with LTI to deploy a proven and flexible solution into our extensive
dietary management applications - we chose the latter, as I have history with
the Labrador Tools. I am well aware of the power of the LABengine and know that
LTI's Tools will provide us with significant cost and time savings. I am very
excited about the possibilities of bringing a joint solution with LTI to our
established market and clients in the near future."


"Although our primary focus will continue to be eTriever's substantial Oil & Gas
opportunities, we have always viewed the Healthcare marketplace as a key area of
growth and opportunity for LTI. The sheer number of transactions and databases
in all areas of Healthcare are well-suited for our Labrador(R) Tools' querying
capabilities; and entering into an agreement with a respected company in the
Long-Term Care arena is the best way for us to restart this initiative. Very
importantly, selling into an existing customer base creates near-term revenue
opportunities for both partners," said Ron Sterne, LTI's CEO.


Momentum Dietary Solutions is an established North American Leader in the
provision of Dietary Management software and services to the long-term care
industry. With over 90 clients, and more than 700 sites deployed across the US
and Canada, Momentum Dietary is a market leader poised for expanded growth.
Please visit www.momentumdietary.com.


To learn more about eTriever(TM), please visit www.eTriever.com.

Labrador (www.labradortechnologies.com) trades on the TSX Venture under the
symbol "LTX."


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