MissionIR News - CareView Communications Continues to Extend Market Reach in Southern Cali with Monrovia Memorial Hospital Agreement

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CareView to provide Monrovia Memorial Hospital with its healthcare-specific data network system

...the installation of the CareView System will help us maintain our vision of being a hospital where technology meets compassion...

MissionIR would like to highlight CareView Communications, Inc., a publicly traded company engaged in the acquisition, development, and operation of high speed data network system that could be deployed in a healthcare facility using existing cable television infrastructure. The company offers SecureView, a video monitoring system that provides patient attention with documentation and recording of various in-room activities; NurseView, a remote monitoring tool enabling nursing staff to monitor multiple patients; and PhysicianView that enables physicians to make E-visits and video rounds from any personal computer or personal digital assistant.

In the company’s news yesterday,

CareView Communications said it has inked an agreement with Monrovia Memorial Hospital in southern California to supply the hospital with the CareView system.

CareView’s Room Control Platform and related software applications provide real-time bedside monitoring and point-of-care video monitoring and recording to improve patient safety. Ron Kupferstein, CEO of Monrovia, said the technology is complementary to the hospital’s mission.

“We recently completed a total renovation of our hospital. We believe the installation of the CareView System will help us maintain our vision of being a hospital where technology meets compassion and patients always come first,” Kupferstein stated in the press release.

CareView has already installed its systems in several hospitals in southern California as part of its strategy to extend its market reach, and the company plans to launch an aggressive marketing campaign in September, targeting the southern region of the state.

Samuel A. Greco, CareView’s CEO, said the company has received favorable results and feedback from its current customer base and that several well-respected hospitals have expressed their intent to utilize the company’s technology.

“Over the past couple of years, our CareView System has proven very successful based on the positive feedback we have received from our participating hospital groups. It is now time for us to demonstrate that our technology is a necessary component in every hospital’s plan to deliver quality healthcare to patients in the safest environment possible,” Greco stated.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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