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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Vers. Sys. Di | LSE:VVS | London | Ordinary Share | CA92531V1067 | COM SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 2.75 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
TIDMVVS Versatile Deploys SyncSeer(TM) Solution to Summit Health FOR: VERSATILE SYSTEMS INC. TSX VENTURE SYMBOL: VV AIM SYMBOL: VVS June 29, 2010 Versatile Deploys SyncSeer(TM) Solution to Summit Health MECHANICSBURG, PENNSYLVANIA--(Marketwire - June 29, 2010) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS), today announced that Summit Health has implemented Versatile's proprietary SyncSeer(TM) Asset Tracking and Temperature Monitoring solution at hospitals in Waynesboro and Chambersburg, PA. Utilizing both wired and wireless temperature probes and tags, SyncSeer(TM) provides a unique solution that allows the use of the best sensor technology from several vendors. Automating previously manual processes allows staff additional time to focus on patient care while meeting regulatory compliance mandates. "As the primary healthcare provider for Franklin County, we have many pieces of equipment and storage units that must be monitored for temperature changes," said Sam Shatzer, Vice President of Information Systems for Summit Health. "The solution offered by SyncSeer(TM) has allowed us to automate our manual processes, saving our staff valuable time. We will now receive real time alerts on temperature issues. The alerts help to eliminate the potential of damaging tissues or medications due to temperature issues." Summit Health reaches across greater Franklin County to provide health care services in areas previously underserved. The non-profit parent organization of Chambersburg Hospital and Waynesboro Hospital, Summit Health is the region's primary health care provider and largest non-governmental employer. SyncSeer(TM) manages and monitors temperature sensors at hospitals to help maintain compliance with regulatory authorities. The system can be used for monitoring refrigerators, freezers, blanket warmers, dishwashers, and mobile carts - any piece of equipment where temperature consistency is critical. The system replaces the time consuming and error prone manual system currently in place at many hospitals. SyncSeer(TM) automatically generates an alert when a temperature sensitive item deviates from a predetermined temperature range. Temperature readings can be taken as often as every minute every 12 hours or any point in between. All readings are maintained within the system. This allows detailed reports to be generated, providing a forensic trail to regulatory compliance. "Summit Health has a history of being an innovator in the health care field. By incorporating a solution like SyncSeer(TM) into their suite, Summit continues to show leadership in application of technology," said Bob Joyce, President, Versatile Systems Inc. "In addition, SyncSeer(TM) positions Summit Health to take advantage of many data sets beyond temperature, including Real Time Location Services (RTLS) and Voice over IP (VOIP). By automating routine operations, caregivers at Summit Health can focus on patient care, which is what really matters." About Summit Health Summit Health, the parent organization of Chambersburg and Waynesboro hospitals, is dedicated to building a healthier community through leading-edge medical technology, skilled physicians, caring staff, and convenient locations. Summit Health's comprehensive selection of services and providers includes family physicians, surgeons, specialists, diagnostic services, a women's health center, a fitness center, and two award-winning hospitals. For more information about Summit Health, call (717) 267-3000 or visit www.SummitHealth.org. About Versatile Versatile provides business solutions that enable companies to improve sales, marketing and distribution of their products. Versatile also provides information technology services for the implementation, maintenance and security of mission-critical computer environments. Versatile has the ability to architect solutions involving both proprietary and third party components. For more information: www.versatile.com. About SyncSeer(TM) Versatile's SyncSeer(TM) is an Intelligent Event Processing data aggregation solution. A highly specialized tool, SyncSeer(TM) distinguishes itself with the ability to collect data across the enterprise, analyze it (using complex event processing technology and spatial analysis), and intelligently generate critical alerts and actions based on configurable workflow. Forward-Looking Statements This document may contain forward-looking statements relating to Versatile's operations or to the environment in which it operates, which are based on Versatile's operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond Versatile's control. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Versatile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. All amounts are expressed in U.S. dollars unless otherwise stated. (C) 2010 Versatile Systems Inc. All rights reserved. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Versatile Systems Inc. John Hardy Chairman and CEO 1-800-262-1633 or International: 001-206-979-6760 OR Versatile Systems Inc. Fraser Atkinson CFO 1-800-262-1633 or International: 001-206-979-6760 www.versatile.com OR NCB Stockbrokers Limited (Nominated Adviser) Christopher Caldwell or Barclay Clibborn +44 (0) 20 7071 5200 The TSX Venture Exchange and the AIM market of the London Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. Versatile Systems Inc.
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