Ostara Corporation Announces Plan to Launch Instant Access Medical ''I-AM'' in [DWRRDHM]
4th Q of 2005
Business Editors/Technology Editors
WERNERSVILLE, Pa.--(BUSINESS WIRE)--Feb. 11, 2005--Ostara Corporation (OTC:OTRC) Announces that Health One Global LTD. ("Health One") plans to launch the Instant Access Medical system "I-AM" (TM)(C), an Internet personal health record, combined with the world-leading patented I-AM Smart card in the fourth quarter of 2005. The application allows people to carry their entire medical history on a versatile card the size of a normal credit card.
The I-AM personal health record stores an individual's lifelong health data on the Internet simply, conveniently, and above all securely. The data is stored as a synchronized copy on the I-AM Smart card giving Instant Access to Medical data whenever and wherever the patient, or their physician, needs it regardless of access to the Internet.
The I-AM personal health record and I-AM Smart card empowers the patient by turning patient history into patient property. The patient controls access. The data is only available when the patient activates the I-AM Smart card. Security of this personal information is paramount and is treated as such. All access to the personal health record is logged and entered in an audit trail. For even greater security a fingerprint reader is available.
The card is applicable at home and overseas. For those away from home, I-AM displays the health data in a multi-lingual format, providing foreign doctors access to all pertinent medical history to ensure proper care is administered.
The I-AM personal health record is based on Health One Global's international professional electronic health record software. The software is built around international standards, and is already used by physicians in the USA, Ireland, Belgium, France, Switzerland and South Africa. The I-AM Smart card patented technology is an ISO-approved design and is supplied by IntelCard Inc. Health One Global Ltd is the exclusive healthcare Global Distributor for the Smart card technology.
The applications for the card are numerous. I-AM offers global healthcare convenience for travelers, international workforces, business executives, military and medical personnel, insurers, airlines and travel companies.
Ostara CEO, Chad Sayers, founder of PSNet Communications Inc. and creator of the Nav(TM) said, "I-AM will be a powerful and complementary fit with Ostara's already robust product portfolio including the NAV (TM) and the Advanced Crawler Technology (ACT). I feel there will be outstanding co-branding opportunities as other companies realize the potential of I-AM. I-AM empowers patients by allowing them unencumbered access to their medical history for the first time ever in this format. The name says I-AM in control, I-AM mobile, I-AM secure, and I-AM international."
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 develops and manages emerging technologies.
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 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.
I-AM Copyright 2005 Better Health, USA.
--30--DES/ph*
CONTACT: Ostara Corporation, Inc., Wernersville
Alfonso C. Knoll, 610-678-7900
www.OstaraCorp.com
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: MEDICAL BANKING MEDICAL DEVICES NETWORKING PRODUCT
SOURCE: Ostara Corporation, Inc.
Copyright Business Wire 2005
11Feb05 14:41 GMT
Symbols: us;OTRC
Source BW Business Wire
Categories: MST/I/BNK MST/I/MTC MST/L/EN MST/R/US/PA MST/S/PDT TGT/BWN
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