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Austin, TX, United States, 2008/02/12 - SecureCare Technologies, Inc. is pleased to announce the launch of its newest features for its flagship product, Sfax™. Sfax is the first EFR™ (electronic fax record) for the health care industry (OTCBB: SCUC).
SecureCare Technologies, Inc., a health care information technology company based in Austin, Texas, is pleased to announce the launch of its newest features for its flagship product, Sfax™, making it a truly paperless electronic fax management system for health care providers. SecureCare will launch the Digital Signature and annotation features with a Webcast, which can be accessed by visiting the company’s Website, sfaxme.com, Feb. 12, 2008.
The Digital Signature feature provides every user with a true digital certificate, allowing a provider to digitally sign each fax from a secure, HIPAA-ready platform. This feature saves health care providers significant amounts of time and money that would be spent printing faxes in order to physically sign them and then manually sending them back. Special annotation features allows users to edit faxed documents with tools such as check marks and text boxes.
As the first and only EFR™ (electronic fax record), Sfax also serves as a seamless transitioning agent to EMR platforms for health care providers striving to convert to an electronic-based health care system. Sfax recognizes the importance and abundance of faxing in health information exchange, with 14.9 billion faxes being sent and received between providers annually, and facilitates a manageable transition to electronic medical records (EMRs). The majority of a Patient Health Record is transmitted through manual faxing methods. With Sfax, there will be no need for users to scan every manual fax into their EMR systems as documentation will already be electronic.
“Up to 80 percent of a patient’s chart comes into a physician practice from outside the office primarily via manual faxing methods,” said CEO Dennis Nasto. “With Sfax and the launch of our Digital Signature and annotation features, health care providers can save up to 95 percent of the time and up to 80 percent of the cost of manual faxing. As more providers consider the move to EMRs, Sfax will speed the adoption rate as a majority of that record will already be in an electronic format. This will eliminate one of the biggest challenges associated with converting old paper records to electronic records.”
Sfax is a bi-directional electronic faxing system enabling health care providers to send, receive and manage faxes from any application on any computer with an Internet connection. Sfax can be easily integrated as an add-on module with existing health care applications or it can be sold as a stand-alone solution. The system operates on a HIPAA-ready platform, providing a complete log and audit trail for all documents, ensuring the secure transfer of sensitive patient health information, a feature virtually nonexistent with manual faxing.
CEO Dennis Nasto will be available the day of the Webcast for media interviews which can be requested by calling: 512-215-4452.
About SecureCare Technologies, Inc.
SecureCare Technologies, Inc. is a publicly-held health care information technology company with shares traded under the symbol SCUC. The company’s Internet-based Sfax™ (sfaxme.com) with Digital Signature is the only secure, electronic fax management system that is 100 percent dedicated to the health care industry. The product is a HIPAA-ready work flow solution that saves end-users up to 95 percent of the time and up to 80 percent of the cost of manual faxing. It provides a complete log and audit trail for all fax documents and completely eliminates the manual paper processing of fax documents. Sfax is distributed to end-users through the company’s network of health care software vendors and value-added resellers. It is sold as an easily-integrated, add-on module to existing health care applications or as a stand-alone solution.
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.