VOCOLLECT TO ACQUIRE ADHERENCE TECHNOLOGIES CORPORATION
Acquisition expands use of voice-directed work in healthcare industry
PITTSBURGH, March 30, 2006 — Vocollect, the world leader in voice-directed work, today announced an agreement to acquire Adherence Technologies Corporation, a leader in voice-activated documentation and communication systems for nursing homes. Terms of the transaction were not disclosed.
Located in Dulles, Va., Adherence Technologies offers products that help care givers improve the accuracy, efficiency and quality of care provided to nursing home residents. The company’s signature product, AccuNurse®, provides nursing staff members with lightweight headsets that enable them to receive patient care instructions, deliver care accurately, document care as it takes place, and communicate with other staff more quickly in response to residents’ needs.
“The Adherence Technologies acquisition furthers our vision of applying voice to improve work,” said Jack LeVan, president and CEO of Vocollect. “Vocollect will continue to build on its market leadership in the supply chain and extend its expertise into a variety of industries where voice-directed work can significantly improve productivity, accuracy and safety.”
Adherence Technologies’ management team will join the Vocollect organization based in Pittsburgh, Pa., and the combined company will continue to maintain a presence in Dulles, Va. The new unit will be headed by Roger Byford, co-founder of Vocollect, Inc.
“Vocollect and Adherence Technologies share a common vision: to improve the efficiency and accuracy of front-line workers through voice,” said Jim Roddey, CEO of Adherence Technologies. “This transaction will strengthen the offerings we bring to long-term care facilities to improve both employee efficiency and the quality of resident care.”
“Joining the Vocollect organization marks an important milestone for the company,” added Alan Letzt, president and co-founder of Adherence Technologies. “My continuing key role in the company reflects my confidence in Vocollect’s commitment to provide continuous product improvements, responsive client support and rapid expansion of the AccuNurse client base.”
About Vocollect
Vocollect delivers proven gains in productivity, accuracy, safety and job satisfaction to companies seeking to improve their supply chains. The Vocollect Voice portfolio features a complete range of hardware, software and services built for voice performance, reliability and adaptability in the global supply chain and logistics marketplace. Every day hundreds of thousands of people on six continents rely on Vocollect and its worldwide network of more than 100 certified supply chain resellers and channel partners to improve work. For more information, visit www.vocollect.com.
Vocollect® and Vocollect Voice® are registered trademarks of Vocollect, Inc. All rights reserved.
About Adherence Technologies Corporation
Adherence Technologies Corporation is a leading provider of innovative healthcare solutions that combine advanced telephony, web and speech technologies with a focus on clinical value and ease of use. Its products and services improve the quality of care, reduce costs and reduce errors. All Adherence Technologies products and services have a strong applied research foundation based on support from National Institutes of Health research grants. Adherence Technologies assembles, installs and fully supports all of its solutions. For more information, visit http://www.adherence.com.
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CONTACTS:
Susan Muttart
Vocollect
scmuttart@vocollect.com
412-349-2543
Michelle Wright
Padilla Speer Beardsley
mwright@psbpr.com
612-455-1788
