Las Vegas, NV (PRWEB) April 13, 2005
The Industrial Medicine division of WaveScribe International Corp (OTC: WSBL.PK) has been informed it will receive an increased workload from one of its largest clients. Due to our clients company policy, we are unable to provide the name of this specific client however, the client, (a top 10 California HMO based on revenue and number of participants), has had discussions with WaveScribe and Division Principals about increasing their outsourced workload. The workload currently outsourced by this HMO could significantly increase due to the client's substantial growth, streamlining and consolidation of operations. According to client management, the WaveScribe platform has become an integral ingredient of their multiple facilities. This should equate to an approximate 15% increase in quarterly revenues just from this client. The industrial Medicine division, formed fall 2004, has been in discussions with its current clients on the topic of increased Company utilization and expansion of services. The Company also anticipates signing several prospective clients in the near-term.
Cris Bahar, CEO of WaveScribe International states "WeÂve diligently worked to create a product that, when used properly, can be utilized to create a seamless bond between care providers, myriad departments and multiple facilities for their document production and workflow needs. Specifically, for the time-sensitive industrial medicine industry, the WaveScribe platform can become the dynamic link for clinical, legal and patient resources to create and maintain accurate records of examinations, studies, evaluations and conclusions."
WaveScribe International Corporation is a national and international dictation and transcription product and service solutions provider for the document production / transcription industry. WaveScribe has several divisions to address industry-specific demands for such specialties as Healthcare, Med-Legal, Education and Entertainment.
WaveScribe offers the first web-based transcription software that was designed, developed, and deployed by transcriptionists. Documents created through WaveScribe have a 128-bit security encryption, HIPPA and Privacy Law compliance. Access to a medical or legal transcribed document for editing, reprints, updates, 24 hours a day in a simplified and cost-effective manner to handle the task of document control is now available. The WaveScribe platform requires no software to purchase, and installation on to a specific PC is not needed. The transcriptionist utilizing the platform can use several methods to create documents such as uploading existing documents and/or formats while maintaining the traditional methods of transcription such as analog tapes, digital tapes, handheld devices, phone in rerecorded or pushed and even computer generated methods. In addition, future advances include speech-to-text and net/web (documents created on a private network automatically stored and accessible on the internet platform).
Be sure to visit the company at http://www.wavescribe.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
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