15.05.2008 13:00:00
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EXOGEN Introduces Blue Ocean(TM)
Exogen, a products and services company focused on the operational
transformation of healthcare providers and manufacturers and
wholly-owned subsidiary of Technology Solutions Company (NASDAQ: TSCC),
announced today at the annual meeting for the Society for Imaging
Informatics in Medicine (SIIM) the release of Blue Ocean™ – an Enterprise, Real-Time Operational
Intelligence Platform positioned to revolutionize the way Hospitals and
clinical departments collect, measure, and utilize Key Performance
Indicators (KPI’s).
Blue Ocean’s patent-pending technology
provides live, in-process operational performance metrics by aggregating
disparate, valuable data streams across the hospital enterprise and
leveraging state of the art web technologies to deliver actionable
information to the Right Role, Right Person, Right Device, Right Now™.
This innovative solution is expected to play a critical role in helping
administrators, clinicians, and staff deliver better patient care by
helping them improve their operations in real-time.
"Blue Ocean is one of the more innovative
solutions I have seen in the area of hospital enterprise and
departmental operations data visualization,”
said Jake Nunn, Metro Regional Director of Radiology including Aurora
St. Luke’s Medical Center, and pilot site for
Blue Ocean. "As an integrated health care
provider with multiple hospitals and departments, collecting and
analyzing real time data is a challenge. Blue Ocean has allowed us to
aggregate real-time data from our enterprise information systems and
alert staff to potential issues. For instance, Blue Ocean will trigger
an alert if a patient has been waiting longer than our enterprise
defined standard or trigger an urgent notification to alert staff that
interim process steps are delayed and that report turnaround time on a
critical test may exceed patient care guidelines. By getting such
information in real-time, we can immediately intervene to correct the
situation and further, address the process issues for improved
performance. This will help us improve patient care, which dovetails
with Aurora Health Care’s commitment to
continually find better ways to improve the quality of health care.” "This an exciting time for our Company,”
said Milton Silva-Craig, President and CEO of Technology Solutions
Company and subsidiary Exogen. "We set out
nearly a year ago to develop this innovative concept of real-time
operations performance, and today’s launch is
the culmination of a lot of hard work by many involved. Aurora, Jake and
his entire team have been instrumental in validating and enhancing the
application. We look forward to our continued working relationship with
Aurora, and the expansion of Blue Ocean into other Hospitals. We expect
Blue Ocean, coupled with our value creation services, will have a
significant impact on the way hospitals utilize their data to improve
patient experience and drive operational excellence.” ABOUT AURORA HEALTH CARE
Aurora Health Care is an integrated not-for-profit Wisconsin health care
provider and a national leader in efforts to improve the quality of
health care. Aurora offers care at sites in more than 90 communities
throughout eastern Wisconsin.
ABOUT EXOGEN
EXOGEN is a products and services company focused on the operational
transformation of healthcare providers and manufacturers. Our unique
solutions leverage our exclusive intellectual property and patent
pending technologies to help our customers drive growth and attain
operational efficiencies. We deliver and sustain guaranteed value in the
areas of digital healthcare and operational transformation while our
entire suite of solutions exists to deliver results. We have delivered
hundreds of successful strategy, planning, implementation and
optimization projects with extraordinary results and outstanding client
references. For more information, please visit www.exogeninc.com.
EXOGEN is a wholly-owned subsidiary of Technology Solutions Company.
ABOUT TSC
Technology Solutions Company (TSC) is a leading business solutions
provider that partners with clients to expose and leverage opportunities
that create, measure, and sustain the delivery of value to their
customers. TSC serves the healthcare and manufacturing industries. For
more information, please visit: www.techsol.com.
CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT FUTURE
RESULTS
This press release contains or may contain certain forward-looking
statements concerning TSC’s financial
position, results of operations, cash flows, business strategy, budgets,
projected costs and plans and objectives of management for future
operations as well as other statements including words such as "anticipate,” "believe,” "plan,” "estimate,” "expect,” "intend,” and
other similar expressions. These forward-looking statements involve
significant risks and uncertainties. Although TSC believes that the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, readers are cautioned that no assurance can be
given that such expectations will prove correct and that actual results
and developments may differ materially from those conveyed in such
forward-looking statements. TSC claims the protection of the safe harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995 for all forward-looking statements.
Important factors that could cause actual results to differ materially
from the expectations reflected in the forward-looking statements in
this press release include, among others, TSC's ability to manage
decreased revenue levels; TSC's need to attract new business and
increase revenues; TSC's declining cash position; TSC's ability to
manage costs and headcount relative to expected revenues; TSC's ability
to successfully introduce new product and service offerings; TSC's
ability to successfully introduce its new Exogen business subsidiary;
TSC's dependence on a limited number of clients for a large portion of
its revenue; the potential loss of significant clients; TSC's ability to
attract new clients and sell additional work to existing clients; TSC's
ability to attract and retain employees; the rapidly changing nature of
information technology services, including TSC's ability to keep pace
with technological and market changes and its ability to refine and add
to existing service offerings; the lack of shareholder approved stock
options available for grants by TSC to retain existing employees; and
changing business, economic or market conditions and changes in
competitive and other factors, all as more fully described herein and in
TSC's filings with the Securities and Exchange Commission, press
releases and other communications. Forward-looking statements are not
guarantees of performance. Such forward-looking statements speak only as
of the date on which they are made and, except as may be otherwise
required by law, TSC does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after the
date of this press release. If TSC does update or correct one or more
forward-looking statements, investors and others should not conclude
that TSC will make additional updates or corrections with respect
thereto or with respect to other forward-looking statements. Actual
results may vary materially.
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