MONTREAL, Sept. 15, 2014 /CNW Telbec/ - From its initial foothold in New York in 2010, Extenway Solutions Inc. (''Extenway'') (TSX Venture Exchange: EY) has just passed a major milestone in its business plan for the American market in signing a distribution agreement with the Flowcorn company. Under the agreement, Flowcorn will handle sales representation and distribution in the US for the hospital bedside terminal developed by Extenway. With 5,200 hospitals and 944,000 beds, the American market presents a tremendous opportunity for Extenway.
Flowcorn: well respected for its expertise
With a specific focus on the American market, Flowcorn's goal is to deliver much-needed, effective medical information and infotainment solutions to create a new and better healthcare experience for patients in and outside the hospital. The company's mission is to empower patients by delivering an information platform that can change their experience and result in better clinical outcomes.
Flowcorn also plans to develop customized applications (apps) that will provide patients with a healthcare experience at home similar to the one in hospital. For example, a to-do list or hourly schedule could be available on a patient's smartphone (Android or Apple platform) to deliver the right information at the right time, without having to make unnecessary visits to the hospital.
With its team of five representatives, all with many years of successful sales experience in the healthcare sector, Flowcorn will be able to cover the entire US - specifically with approaches to healthcare organizations in the West, Southeast and Midwest, as well as federal institutions nationwide.
For Extenway, which already has a well-established presence at the Memorial Sloan Kettering Cancer Center (the world's oldest and largest private cancer treatment and research centre) the Flowcorn agreement is a major springboard for rapidly increasing its American market share.
''Our partnership with Flowcorn represents a major advance in our ongoing strategic plan,'' said Extenway president and CEO, John McAllister. ''At a time when digital medical records are fast becoming the norm and hospitals are showing a real desire to make patient care and treatment a better experience, Extenway bedside terminals are clearly the most complete integrated solution available to meet these new challenges.''
A solution where versatility is job No. 1
Besides replacing conventional TV monitors in hospitals, the Extenway bedside terminal upgrades the hospital experience by providing a wide variety of functions for patients, professionals, caregivers and hospital administrative staff.
The unit's highly popular ''Entertainment'' package includes internet, digital TV, radio, online games and e-books, plus videoconferencing to let patients keep in touch with family members. Another attractive features is the ''Communications and Education'' option, which delivers a dynamic teaching tool for patients on health-related themes, provides information about the hospital and includes an access point to its administrative systems.
The ''Clinical Functions'' feature on the bedside terminal is designed to be part of the ongoing upgrade process of the hospital environment. Among other things, it can be used to schedule medical tests, manage medication, view X-rays and scans and access patient online medical records. Last but not least, the ''Operational Efficiency'' component allows direct communications between patients and nurses and management of patient treatment schedules, meals, and available beds, among other key benefits.
About Extenway Solutions
Extenway is a supplier of client-focused solutions for the healthcare industry. Services offered by Extenway include interactive television, beside terminals for patients, internet, entertainment, content integration, advertising, education and integrated solutions. Extenway allows organizations to optimize management and coordination of human interactions as well as communications, information and coordination. For further information, please visit www.extenway.com or follow us on Twitter@Extenway.
Disclaimer - Safe Harbour Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements. These forward-looking statements relate to the future financial conditions, results of operations or business of Extenway. These statements may be current expectations and estimates about the markets in which Extenway operates and management's beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. The results or events predicted in forward-looking statements may differ materially from actual results or events. Extenway disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In particular, forward-looking statements do not reflect the potential impact of any merger, acquisitions or other business combinations or divestitures that may be announced or completed after such statements are made.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: EXTENWAY SOLUTIONS INC.
For further information: Marie-Hélène d'Entremont, Zone franche, 514-317-5715, extension 204, [email protected]