LanVision Systems, Inc., Changes Name to Streamline Health Solutions, Inc. (Nasdaq: STRM)
05 Juli 2006 - 2:00PM
PR Newswire (US)
CINCINNATI, July 5 /PRNewswire-FirstCall/ -- LanVision Systems,
Inc. (NASDAQ:LANV), a leading enterprise workflow and document
management firm for the healthcare industry, today announced that
the Company has completed its name change to Streamline Health
Solutions, Inc., and has changed its symbol on the NASDAQ Capital
Market to STRM (NASDAQ:STRM), effective immediately. The Company's
shareholders approved the name change on May 24, 2006 at their
annual meeting. "This evolution is much more than just the name
change," commented J. Brian Patsy, President and CEO of Streamline
Health. "We have strategically invested in growing our capabilities
and the breadth of the solutions we provide to enable healthcare
providers to streamline their document-centric business and
clinical processes. Our clients, strategic business partners,
employees and stakeholders have embraced the name change as a
better description of the value we bring to them." Established
since 1989, LanVision began doing business as Streamline Health on
February 5, 2005, to better represent the company's vision of
eliminating friction points to streamline healthcare providers'
document- intensive business processes. The new name is symbolic of
the company's evolution from a leading developer of document
management solutions to a leading provider of enterprise solutions
for integrated document workflow. Streamline Health has positioned
itself to meet the challenges of today's healthcare environments by
enabling its customers to meet compliance issues by facilitating
access to the complete medical record, enhancing the flow of
information among various departments, and most importantly,
improving patient care. The change of the Company's name will not
affect, in any way, the validity of currently outstanding stock
certificates, nor will it be necessary for the Company's
stockholders to surrender or exchange any stock certificates that
they currently hold as a result of the name change. About
Streamline Health Streamline Health is a leading supplier of
workflow and document management tools, applications and services
that assist strategic business partners and healthcare
organizations to improve operational efficiencies through business
process optimization. The Company provides integrated tools and
technologies for automating document-intensive environments,
including document workflow, document management, e-forms, portal
connectivity, and interoperability. The company's workflow-based
services offer solutions to inefficient and labor-intensive
healthcare business processes throughout the revenue cycle, such as
chart coding, abstracting and completion, remote physician order
processing, pre-admission registration scanning and signature
capture, insurance verification, secondary billing services,
explanation of benefits processing and release of information
processing. The company's solutions also address the document
workflow needs of the Human Resource and Supply Chain Management
processes of the healthcare enterprise. All solutions are available
for purchase or through a remote hosting services model that better
matches customers' capital or operating budget needs. Streamline
Health's solutions create a permanent document-based repository of
historical health information that is complementary and can be
seamlessly integrated with existing disparate clinical, financial
and administrative information systems, providing convenient
electronic access to all forms of patient information from any
location, including secure web-based access. These integrated
solutions allow providers and administrators to link existing
systems with documents, which can dramatically improve the
availability of patient information while decreasing direct costs
associated with document retrieval, work-in-process, chart
processing, document retention, and archiving. For additional
information, please visit our website at
http://www.streamlinehealth.net/. "Safe Harbor" statement under the
Private Securities Litigation Reform Act of 1995 Statements made by
Streamline Health Solutions, Inc. that are not historical facts are
forward-looking statements that are subject to risks and
uncertainties. The forward-looking statements contained herein are
subject to certain risks, uncertainties and important factors that
could cause actual results to differ materially from those
reflected in the forward-looking statements, included herein. These
risks and uncertainties include, but are not limited to, the impact
of competitive products and pricing, product demand and market
acceptance, new product development, key strategic alliances with
vendors that resell the Company products, the ability of the
Company to control costs, availability of products produced from
third party vendors, the healthcare regulatory environment,
healthcare information systems budgets, availability of healthcare
information systems trained personnel for implementation of new
systems, as well as maintenance of legacy systems, fluctuations in
operating results and other risks detailed from time to time in the
Streamline Health Solutions, Inc. filings with the U. S. Securities
and Exchange Commission. Readers are cautioned not to place undue
reliance on these forward-looking statements, which reflect
management's analysis only as of the date hereof. The Company
undertakes no obligation to publicly release the results of any
revision to these forward-looking statements, which may be made to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events. DATASOURCE: LanVision
Systems, Inc.; Streamline Health Solutions, Inc. CONTACT: Paul W.
Bridge, Jr., Chief Financial Officer of Streamline Health
Solutions, Inc., +1-513-794-7100 Web site:
http://www.streamlinehealth.net/
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