Centurion Technologies Inc., Announces that Litton/PRC Has Been Awarded a U.S. General Services Administration Multiple-award Contract for Smart Card Technology
TUESDAY, JUNE 20, 2000 3:17 AM
- BusinessWire
SEATTLE, Jun 20, 2000 (BUSINESS WIRE) -- Centurion Technologies Inc., a subsidiary of Upgrade International Corporation (OTCBB:UPGD), developers of smart card based software applications for health, education and government market segments, announces that Litton/PRC, Inc. with Centurion Technologies acting as a partner/subcontractor, is one of the recipients of the General Services Administration Smart Access Common ID Card program.
The General Services Administration has selected five contractors for the development of the Smart Access Common ID Card program. Litton/PRC, Inc. along with Centurion Technologies, an exclusive healthcare applications developer, is one of the recipients of that contract. They will work with the GSA to introduce smart card technology to the Federal government market. The terms of the contract are five years with an estimated total value of 1.5 billion US dollars. In addition, there is a possible five-year extension to this contract.
The Litton/PRC-Centurion team, will initially focus on the healthcare government market, utilizing smart card technology for portable medical record access and security control. The Litton/PRC-Centurion team has developed a smart card based technology that makes it possible to address the growing concerns of medication errors.
According to John French, President of Centurion, "A heightened awareness within the public sector has put pressure on the healthcare delivery system to deal with the growing number of unnecessary medication errors (e.g., wrong drug, wrong dose, wrong duration, wrong frequency, wrong route, wrong dosage form, wrong patient identification/data/history and nomenclature errors)." The majority of these errors are a result of the following conditions:
1. Dispensing errors that create drug interactions by conflicting
with existing medications or medical condition. As our population
ages, more medications tend to be used and multiple drug therapies
are deployed to treat growing disease states (e.g., high
cholesterol, heart disease and cancer). These errors are most
often preventable, but are a result of incomplete or inaccurate
patient information. Many healthcare practitioners don't have
ready access to patient medical records at the time the medication
orders are placed.
2. Dosage & drug transcription errors. Most often due to a reliance
on an outdated ordering system that is dependent upon a
handwritten, paper intensive prescription process.
3. Nomenclature errors. Frequently, medications are prescribed orally
and drugs that look or sound alike create problems, as a result of
verbal communication.
This new contract vehicle will be a significant opportunity for Centurion Technologies, since its current product EPRIM Rx(TM) specifically addresses these typical medication errors.
Centurion Technologies develops smart card based software applications for health, education and government market segments. They are making final preparation to roll out their centerpiece product, EPRIM Rx(TM). EPRIM Rx(TM) is the first fully integrated physician-based prescription ordering system that accesses patient medical records stored on digital smart cards. Now, health providers should have immediate access to vital healthcare records from anywhere in the country. The smart card stores detailed information profiles on patients, providers, medications, allergies, immunizations, vital signs, insurance plans, medication formularies and a multitude of other critical data linked to the digital smart card. By including an "e-purse" solution on the smart card, deductibles and co-pays can be automatically deducted from the smart cards stored cash value, instead of chasing down payment from either the insurance company or private insurer.
EPRIM(TM) is built on a powerful operating system -- Windows NT Enterprise Server platform and supports Windows workstations connected to Primary Site Controllers (PSC). The application can be accessed through any dial-up, dedicated, hard-wired (Ethernet) or wireless connection running over a Virtual Private Network (VPN) or Windows NT Web or LAN Server. EPRIM Rx(TM) also allows for off-line access to patient's private portable records stored on their personal smart cards. This methodology should provide potential within both the ambulatory and emergency based care systems where immediate access to emergent patient data can save lives and in the event where on-line access is not possible or cost prohibitive due to paper based record systems. By using Centurion's proprietary MSMQ techniques, off-line data that has been accessed or modified on the patient's smart card can be synchronized, when networking can be reestablished, with the patient's permanent medical database held on the server at their local healthcare provider.
Litton/PRC Inc. (www.prc.com),a subsidiary of Litton Industries, Inc. has more than 5,300 employees in 80 offices worldwide. Litton/PRC is a leading provider of information technology and systems-based solutions for the public sector and an unbiased integrator and pioneer in the design, development and management of standards-based open systems.
The company's core capabilities are in Functional and IT Outsourcing, E-Business, and Critical Information and Infrastructure Protection.
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries is Centurion Technologies Inc. (www.eprim.com), in which Upgrade holds a more than 50% equity stake. Centurion Technologies develops smart card based software applications for health, education and government market segments.
On behalf of the Board of Directors, Daniel Bland
This news release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this News Release. The company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release.
CONTACT: Upgrade International Corporation
Daniel Bland, 206/903-3116
www.ir@upgd.com
TUESDAY, JUNE 20, 2000 3:17 AM
- BusinessWire
SEATTLE, Jun 20, 2000 (BUSINESS WIRE) -- Centurion Technologies Inc., a subsidiary of Upgrade International Corporation (OTCBB:UPGD), developers of smart card based software applications for health, education and government market segments, announces that Litton/PRC, Inc. with Centurion Technologies acting as a partner/subcontractor, is one of the recipients of the General Services Administration Smart Access Common ID Card program.
The General Services Administration has selected five contractors for the development of the Smart Access Common ID Card program. Litton/PRC, Inc. along with Centurion Technologies, an exclusive healthcare applications developer, is one of the recipients of that contract. They will work with the GSA to introduce smart card technology to the Federal government market. The terms of the contract are five years with an estimated total value of 1.5 billion US dollars. In addition, there is a possible five-year extension to this contract.
The Litton/PRC-Centurion team, will initially focus on the healthcare government market, utilizing smart card technology for portable medical record access and security control. The Litton/PRC-Centurion team has developed a smart card based technology that makes it possible to address the growing concerns of medication errors.
According to John French, President of Centurion, "A heightened awareness within the public sector has put pressure on the healthcare delivery system to deal with the growing number of unnecessary medication errors (e.g., wrong drug, wrong dose, wrong duration, wrong frequency, wrong route, wrong dosage form, wrong patient identification/data/history and nomenclature errors)." The majority of these errors are a result of the following conditions:
1. Dispensing errors that create drug interactions by conflicting
with existing medications or medical condition. As our population
ages, more medications tend to be used and multiple drug therapies
are deployed to treat growing disease states (e.g., high
cholesterol, heart disease and cancer). These errors are most
often preventable, but are a result of incomplete or inaccurate
patient information. Many healthcare practitioners don't have
ready access to patient medical records at the time the medication
orders are placed.
2. Dosage & drug transcription errors. Most often due to a reliance
on an outdated ordering system that is dependent upon a
handwritten, paper intensive prescription process.
3. Nomenclature errors. Frequently, medications are prescribed orally
and drugs that look or sound alike create problems, as a result of
verbal communication.
This new contract vehicle will be a significant opportunity for Centurion Technologies, since its current product EPRIM Rx(TM) specifically addresses these typical medication errors.
Centurion Technologies develops smart card based software applications for health, education and government market segments. They are making final preparation to roll out their centerpiece product, EPRIM Rx(TM). EPRIM Rx(TM) is the first fully integrated physician-based prescription ordering system that accesses patient medical records stored on digital smart cards. Now, health providers should have immediate access to vital healthcare records from anywhere in the country. The smart card stores detailed information profiles on patients, providers, medications, allergies, immunizations, vital signs, insurance plans, medication formularies and a multitude of other critical data linked to the digital smart card. By including an "e-purse" solution on the smart card, deductibles and co-pays can be automatically deducted from the smart cards stored cash value, instead of chasing down payment from either the insurance company or private insurer.
EPRIM(TM) is built on a powerful operating system -- Windows NT Enterprise Server platform and supports Windows workstations connected to Primary Site Controllers (PSC). The application can be accessed through any dial-up, dedicated, hard-wired (Ethernet) or wireless connection running over a Virtual Private Network (VPN) or Windows NT Web or LAN Server. EPRIM Rx(TM) also allows for off-line access to patient's private portable records stored on their personal smart cards. This methodology should provide potential within both the ambulatory and emergency based care systems where immediate access to emergent patient data can save lives and in the event where on-line access is not possible or cost prohibitive due to paper based record systems. By using Centurion's proprietary MSMQ techniques, off-line data that has been accessed or modified on the patient's smart card can be synchronized, when networking can be reestablished, with the patient's permanent medical database held on the server at their local healthcare provider.
Litton/PRC Inc. (www.prc.com),a subsidiary of Litton Industries, Inc. has more than 5,300 employees in 80 offices worldwide. Litton/PRC is a leading provider of information technology and systems-based solutions for the public sector and an unbiased integrator and pioneer in the design, development and management of standards-based open systems.
The company's core capabilities are in Functional and IT Outsourcing, E-Business, and Critical Information and Infrastructure Protection.
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries is Centurion Technologies Inc. (www.eprim.com), in which Upgrade holds a more than 50% equity stake. Centurion Technologies develops smart card based software applications for health, education and government market segments.
On behalf of the Board of Directors, Daniel Bland
This news release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this News Release. The company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release.
CONTACT: Upgrade International Corporation
Daniel Bland, 206/903-3116
www.ir@upgd.com
