Holds Investor Conference Call Today at 1:30 p.m. PST
MISSION VIEJO, Calif.--(BUSINESS WIRE)-- AUXILIO, Inc. (OTCBB: AUXO), the nation’s pioneer and leading Managed Print Services (MPS) company for health care, provided an update on its recent business highlights.
“As a result of our recent accomplishments, we believe the time is right to establish more consistent communications with our shareholders, particularly as we believe we are well-positioned to execute on our growth plans for 2011,” stated Joseph J. Flynn, president and CEO of AUXILIO, Inc. “In the fourth quarter of 2010, we further built on our strong customer base in the northeastern US, as well as achieved significant customer wins, including hospitals from two of the largest health care systems in the western US.”
Recent Business Highlights
- Expanded its MPS contract with Sutter Health’s California Pacific Medical Center (CPMC) to include the remainder of Sutter’s West Bay Region, which includes Sutter Medical Center of Santa Rosa, Sutter Lakeside Hospital, Sutter Novato Medical Campus and the Sutter Pacific Medical Foundation, demonstrating significant organic growth for AUXILIO.
- Added three new hospitals through the extension of its Master Service Agreement with the St. Joseph’s Health system of California, including St. Joseph’s Hospital in Santa Rosa, Petaluma and Queen of the Valley in Napa, CA.
- Signed four contracts as a result of the Sodexo relationship, including Johns Hopkins Health System and Palisades Medical Center, and more recently New York Hospital Queens and St. Joseph’s in Yonkers.
“Looking ahead, we believe demand for MPS will increase due to the ongoing need for hospitals to cut costs, as well as new regulations that result in more paperwork. Both of these factors highlight the need for streamlined print infrastructure and the implementation of efficiency-oriented programs such as MPS. As such, we are focused on continuing to broaden our presence in the US. AUXILIO’s joint marketing agreement with Sodexo provides us with direct access to over 1,300 U.S. hospitals within its network. Our objective is to continue building our pipeline of new contracts through our channel relationship with Sodexo, as well as through our organic sales efforts. Our experience over the past year has laid the foundation for this growth and we are hitting the ground running in 2011,” concluded Flynn.
Investor Update Call
The company will host an Investor Update Conference Call today at 1:30 p.m. PST / 4:30 p.m. ES, the details for which follow. To access the call in the U.S. please dial 1-877-941-8416 and for international calls dial 1-480-629-9808 approximately 10 minutes prior to the start of the conference. The conference ID is 4402189. The conference call will also be broadcast live over the Internet and available for replay for three months at www.auxilioinc.com. In addition, a replay of the call will be available via telephone for two business days, beginning two hours after the call. To listen to the replay, in the U.S., please dial 1-800-406-7325 and internationally, 1-303-590-3030. Enter access code 4402189.
About AUXILIO, Inc.
AUXILIO is the nation’s pioneer and leading Managed Print Services (MPS) company for the health care industry, working exclusively with hospitals, hospital systems and associated clinical and administrative facilities. We are vendor independent and provide intelligent solutions, a risk free program and guaranteed savings. AUXILIO assumes all costs related to print business environments through customized, streamlined and seamless integration of services at predictable fixed rates. We work in partnership to assist our customers in the delivery of quality patient care. The service and solutions provided by our on-site Centers of Excellence professional print strategy consultants deliver unparalleled customer service across the industry. For more information about AUXILIO, visit www.AUXILIOinc.com.
Forward Looking Statements
This release contains certain forward-looking statements relating to the business of AUXILIO, Inc. that can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at http://www.sec.gov. AUXILIO, Inc. is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Clare Eckert, 401-855-2601
Becky Herrick, 415-433-3777
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Technology Data Management Health Hospitals Professional Services Consulting General Health