NEWS - Ostara Corporation Announces Sales of Health One in South Africa
WERNERSVILLE, Pa.
Ostara Corporation, Inc.
Alfonso Knoll, 610-678-7900
Ostara Corporation (OTC:OTRC) is pleased to announce that Health One Global Ltd's South African subsidiary has been awarded an extension to its electronic health record contract with Anglo Platinum Mines in Rustenburg, S Africa.
Anglo Platinum mines use Health One Global Ltd's Health One electronic health record software to manage the health care of their workforce, an estimated 150,000 individuals.
Anglo Platinum has also recently commissioned Health One Global's subsidiary to develop an Anti Retral Viral treatment module which will be used to manage the company's Anti Retral Viral treatment rollout program. Anti Retral Viral drugs increase survival, decrease opportunistic infections, and decrease the number of hospitalizations for AIDS victims.
The Company is also developing a dental module which will be used in Anglo Platinum Primary Healthcare centers.
Health One is a comprehensive, powerful, and flexible electronic health record software. It is already multilingual in English, French, Dutch, Portuguese and Spanish and is used in USA, Ireland, Belgium, France, Switzerland and South Africa.
The South African subsidiary of Health One Global Ltd. is majority owned. Ostara Corporation recently agreed to acquire Health One Global Ltd and its wholly owned US subsidiary. The Company is a provider of healthcare technologies and electronic health record management.
Ostara Corporation is a developer and manager of emerging technologies. The Company currently offers its software and hardware products to the international marketplace. Its offerings span various industries including, healthcare, communications, education, real estate, and wireless mobile communications, to name a few. Ostara wholly owns and primarily operates its subsidiaries, PSNet Communications Inc., Mountain Top Associates Inc., Draagon Software LLC, and soon Health One Global Ltd. and its US operations.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its real estate, software, and technology interests. Ostara Corp. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
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