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InfoLogix Signs Largest International Deal to Date with Healthcare Solutions Agreement in United Arab Emirates
Oct 04, 2007 (08:10 AM EDT)
HATBORO, Pa., Oct. 4 /PRNewswire-FirstCall/ -- InfoLogix, Inc. , a leading technology provider of mobile enterprise solutions for the healthcare and commercial industries, announced that it has been chosen by the General Authority for Health Services, in partnership with ITQAN, a major systems integrator for businesses in the United Arab Emirates, to provide a mobile technology computing platform in Abu Dhabi.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070924/INFOLOGIXLOGO )
The agreement calls for InfoLogix to provide a healthcare mobility solution encompassing more than 600 mobile point-of-care technology devices to support the implementation of a Cerner healthcare information system across five hospitals. This represents the first phase in an overall strategy for these hospitals to move from mobility to advanced RFID solutions.
"As our largest international deal to date, this agreement provides strong momentum for our continued growth into territories such as the UAE, Europe and Asia," says Rick Hodge, Executive Vice President of InfoLogix. "In a relatively short timeframe, over 20% of the hospitals in the U.S. have come to rely on InfoLogix as their enterprise mobility partner. We're pleased to see the strong value we deliver for healthcare now being embraced in international markets."
The Middle East is regarded as one of the world's fastest growing healthcare markets, with analysts projecting the value at more than $80 billion.
InfoLogix helps enable hospitals to unlock the hidden efficiencies in their operations, while decreasing capital expenditures and achieving faster return on investment. As a leading 'single source' provider for complete enterprise mobility solutions, InfoLogix offers the full spectrum of assessment, applications, devices, implementation and professional services required to engineer solutions that achieve bottom-line results in today's healthcare environment.
About InfoLogix, Inc.
InfoLogix is a leading provider of technology and RFID based intelligence solutions that enable the mobile enterprise. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes for the healthcare industry and the commercial marketplace. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, News America Corporation, Mercedes Benz, Kaiser Permanente, Adventist Health, Universal Health Services, and Stanford School of Medicine. Founded in 2001 and headquartered in suburban Philadelphia, PA, InfoLogix has been named the sixth fastest growing new business in the United States for the last three years by Entrepreneur Magazine. InfoLogix is a publicly-traded company www.infologixsys.com . For more information, visit .
Safe Harbor Statement
This press release contains forward looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and that represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including those described in our Annual Report on Form 10-K for the year ended December 31, 2006 and other filings we make with the Securities and Exchange Commission. Actual results could differ materially from those suggested by the forward- looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect new information events or circumstances occurring or existing after the date of any forward-looking statement is made.
CONTACT: Jason Fradin, Director of Marketing of InfoLogix, Inc.,+1-215-604-0691, x1194; Investor Relations, Thomas P. Walsh of AllianceAdvisors, LLC, +1-212-398-3486
Web site: http://www.infologixsys.com/