Thursday, June 19, 2008

TECSYS to Further Penetrate Healthcare with National Medical Logistics

MONTREAL, June 18, 2008 - TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company announced today that it has partnered with National Medical Logistics (NML), a leading supply chain and distribution management consulting firm serving some of the largest healthcare systems in the United States, to provide a unique and powerful logistics solution offering in an effort to increase their penetration of healthcare supply chain networks in the U.S.

NML is an implementation-focused company that provides strategic planning, supply chain consulting and hands-on distribution management services for some of the largest healthcare systems and integrated delivery networks (IDN’s) in the United States. NML applies its decades of experience on developing and refining a world-class business model that uses leading edge techniques and processes backed by comprehensive operational, financial and logistical models that create supply chain value.

According to NML principal Tom Seliquini, “Our combined offerings will help to reduce much of the unknowns and risks related to systems requirements and operational readiness and quicken the speed to market for all healthcare systems.”

Typically, the healthcare services marketplace, including hospitals, clinics, nursing homes, home health agencies and school health clinics, has a fragmented supply chain; each entity with separate or disconnected information system and procurement plans. They also have a significant number of manual activities, tying professional healthcare resources in logistics operations with processes not in-keeping with healthcare’s quality and professional staff. Healthcare management are looking for logical ways to keep costs in line, such as reducing supplies cost, eliminating duplication and inefficiencies, enhancing security and encouraging standardized processes to maximize the efficiency and cost savings in delivering their services to patients.

“The new combined offerings, TECSYS’ market leading healthcare software solutions with NML’s expertise in implementing alternative supply chain models, will provide IDN’s with a total, integrated supply chain execution solution, bringing self-distribution models closer to ‘plug and play’ status and enabling them to substantially reduce cost and improve their supply efficiency in delivering service to patients,” stated Robert Colosino, TECSYS’ Vice President of Business Development and Marketing.