Extenway Reports on the Progress of its Recent Developments
24 April 2014 - 5:59AM
Marketwired
Extenway Reports on the Progress of its Recent Developments
MONTREAL, QUEBEC--(Marketwired - Apr 23, 2014) - Extenway
Solutions inc. ("Extenway") (TSX-VENTURE:EY) reports on its
progress and on ongoing developments.
"We are happy with the progress of the contracts that we
obtained last year. The successful installation of our solution in
Quebec and in Ontario has demonstrated our ability to deliver on
our commitments, declared John McAllister, President and Chief
Executive Officer of Extenway. The contracts signed represent
more than 2000 beds and will generate revenue the entire fiscal
year beginning May first 2015."
Installation in hospitals almost completed
The installation of the solution is completed or in its final
stage in all the hospitals under contract in Quebec, except for
Pierre-Legardeur hospital where it is planned for November
2015.
Ongoing installation at the St. Joseph's Health Centre of
Toronto
In Ontario, Extenway is in the final stage of the installation
of bedside solutions for the 324 beds of the St. Joseph's Health
Centre in Toronto. The service is already available for 200 beds.
In addition, St-Joseph is also the first Canadian hospital to buy
the solutions and equip its outpatient cancer care and dialysis
centre, with 55 terminals.
Two ongoing pilot projects
Extenway currently has pilot projects in two major hospitals
which involve clinicians using the full range of the medical
functions offered by the technology.
Current requests for proposals
Extenway presented service offers and responded to requests for
proposals to 10 hospitals in Quebec and in Ontario, for a total of
2,300 beds, for which the final decisions should be made in the
coming months.
Requests for proposals to come
Extenway has observed an increase in demand for bedside
terminals. Health facilities face numerous challenges on the
technical and digital levels, and the cycles for requests for
proposals can be long. Throughout the next 12 months, Extenway
expects to respond to six new requests for proposals representing
6,000 beds across Canada. These facilities will most likely specify
both medical and entertainment functionalities.
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.
Justine GagnepainZone franche514 317-5715, ext.
213jgagnepain@zonefranche.ca
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