SEIH S3I Holdings Inc. Completes Software Platform Installations for H waiian Health Care Company S3I Holdings Inc. Completes Software Platform Installations for Hawaiian Health are Company
High-Tech Writers / Business Editors
TEMECULA, Calif.--(BUSINESS WIRE)--SEIH-- S3I Holdings Inc. (OTCBB:SEIH) today announced that Securesoft Systems, the company's subsidiary, has completed the installation of its Immunity compliance product for a major health care company with a number of facilities in Hawaii. The installation included an assessment with a review of current privacy practices, policies and procedures, as well as a full security evaluation of the client's network as it relates to Health Insurance Portability and Accountability Act (HIPAA) mandates. "We are extremely pleased to announce the installation of our Immunity product for this customer, and as Securesoft Systems moves forward with ongoing product development, we anticipate additional sales of compliance software products to medical facilities and other entities subject to compliance mandates. Greater sales are expected to increase the value of the S3I Holding portfolio, providing greater value to the company's shareholders," commented Wayne Yamamoto, CEO of S3I Holdings Inc. The trademarked Immunity compliance product is currently in use in a number of hospitals, clinics and other medical facilities across the United States. S3I Holding recently announced the release of a full-featured Alpha version of Securesoft Systems' Immunity 2.0 product, which offers a number of groundbreaking technologies in compliance management. The Alpha version of Securesoft System's proprietary software is designed to handle not only HIPAA compliance, but several additional compliance mandates including the Occupational Safety Hazard Association (OSHA), the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), the Gramm-Leach-Bliley Act and the Sarbanes-Oxley Act, among others. Immunity 2.0 also includes enhancements to reporting and simplifying the process flow and provides its clients with the ability to assess and monitor security and privacy policies, procedures and operations in order to manage compliance.
Company Profile
S3I Holdings Inc. (http://www.s3i.us) is a Business Development Company regulated by the Investment Company Act of 1940. Its first operating subsidiary, Securesoft Systems Inc. (http://www.securesoftsystems.com) was acquired in April 2003 and is a leader in compliance and risk management software, services and Internet technologies for regulated industries. S3I Holdings is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.
This release contains forward-looking statements which involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements are based on currently available information which management has assessed but which is dynamic and subject to rapid change due to risks and uncertainties that affect our business, including, but not limited to, the impact of competitive products and pricing, limited visibility into future product demand, regulatory interpretation, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
KEYWORD: HAWAII CALIFORNIA INDUSTRY KEYWORD: MEDICAL SOFTWARE PRODUCT SOURCE: S3I Holdings Inc.
CONTACT INFORMATION: S3I Holdings Inc. Andrew Beyer (Investors), 909-587-8072 investors@s3i.us
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