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CyberCare Receives Largest Order to Date
BOYNTON BEACH, Fla.--(BW HealthWire)--Dec. 3, 2001--CyberCare, Inc. (Nasdaq:CYBR - news) announced today it received an order from Syzex Corporation valued at over $700,000 representing the purchase of a variety of CyberCare's Electronic HouseCall® (EHC(TM)) family of products. As previously announced, Syzex, a private company based in Nashville, recently signed an agreement to market CyberCare's System.
The products are to be installed in various locations throughout Syzex's market area and shipment is expected to occur during December 2001. Models included in the order are the EHC100, EHC350, EHC400, and EHC600.
Pat Thompson, President of Syzex, stated: ``When we first met with CyberCare, we knew their products would be quickly accepted in our market place because of the positive impact they provide our hospital groups. We are pleased to get this relationship off the ground and running so quickly.''
Michael Lemnitzer, Vice President of CyberCare's Business Development, added, ``Syzex has proven to us that they are an integral partner and they understand the business application of our products. We are extremely pleased with their abilities and keen knowledge of their market.''
About Syzex Corporation
Syzex Corporation provides a virtual private network for medical facilities throughout the world. In conjunction with AT&T, Syzex is designing highly reliable, secure data connections with end-to-end management for mission-critical healthcare applications. This service includes provisioning, premises equipment, installation and proactive circuit monitoring. Several topologies are integrated into a consistent network infrastructure to provide a common connection platform for healthcare facilities as well as Associate Solution Providers.
About CyberCare, Inc.
CyberCare, Inc. is a network-based telehealth solutions company improving the delivery of care through its Internet-based technology. CyberCare creates a live, interactive community that incorporates all members of the care team in the healthcare delivery process, resulting in cost reduction and improvement in the quality of patient care. Utilizing patented technology for remote monitoring and real-time interactive communications between chronically ill patients and their providers, CyberCare's Electronic HouseCall® System allows for effective and efficient data collection, case management and personal interaction. Headquartered in Boynton Beach, Fla., CyberCare also has physical, occupational and speech therapy businesses and an institutional pharmacy business. Visit CyberCare's Web site at cybercare.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, product acceptance and effectiveness, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
Says a lot for the new medicine.
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