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Press ReleasesCapMed Division to Provide 13,500 Personal Health Records for Spring Valley Hospital, Las VegasNEWTOWN, PA, July 29, 2005 – Bio-Imaging Technologies, Inc. (“Bio-Imaging”) (NASDAQ/NMS: BITI) announced today that its CapMed division has customized 13,500 Personal Health Record (PHR) CD-ROMs for Spring Valley Hospital Medical Center in Las Vegas, Nevada. The PHR is branded to Spring Valley Hospital Medical Center, customized for both maternity and general health management, to serve as an interactive patient outreach solution to improve health within the Spring Valley community. Spring Valley Hospital Medical Center is owned and operated by a subsidiary of Universal Health Services, Inc., one of the nation's largest hospital management companies. Spring Valley Hospital Medical Center is planning a launch of their branded PHR at its health fair, July 30. They will also be making PHR available expectant moms, for patients being discharged from the Hospital, and by request on the Spring Valley Hospital website. Wendy Angst, general manager of CapMed, said, The PHR is an ideal application to help Spring Valley Hospital support its goals of improving patient care by educating and connecting the community to the outstanding patient services they have available. With built-in links to the Spring Valley physician referral service, new mothers and other community recipients will be able to easily find care providers for their needs, while improving the patient/provider relationship by streamlining the information gathering process and facilitating efficient, accurate patient communication. With the 13,500 PHRs distributed by Spring Valley Hospital Medical Center, CapMed now has nearly 500,000 award-winning personal health records distributed throughout the country, and internationally. Spring Valley Hospital’s spokesperson Naomi Linardo said, We’re excited about the upcoming rollout of the CapMed Personal Health Record, and believe it’s a valuable tool to distribute to our community. New moms who need to maintain immunization records and monitor developmental milestones definitely benefit from using PHR to organize. The PHR program is also great for individuals with chronic conditions that require keeping a log of blood pressures and medications. CapMed, A Division of Bio-Imaging Technologies, Inc.Bio-Imaging Technologies, Inc. is a healthcare contract service organization providing services that support the product development process of the pharmaceutical, biotechnology and medical device industries. CapMed, a division of Bio-Imaging Technologies, Inc., is the cornerstone of Bio-Imaging’s personal health management division. CapMed provides personal health management solutions, the CapMed Personal Health Record™ and Personal HealthKey™ technology enabling patients to better monitor and manage their health, while providing hospitals and health systems, employers, and pharmaceutical organizations with a robust marketing tool and e-health strategy to increase market share, reduce costs of care, and improve patient outcomes and wellness through a combination of personal management of health information, personalized education, and links to relevant community resources. Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the consummation and the successful integration of the proposed acquisition, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstance. |
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