LARGO, FL, Jan 08 (MARKET WIRE) --
Sonitor Technologies, Inc., the leading developer, manufacturer and supplier of
a proprietary ultrasound Indoor Positioning System (IPS) and Real-Time Location
Systems (RTLS), announced that the Company's growing presence in the U.S.
healthcare market has been the key driver in the surge in deployments of its
RTLS infrastructure implementations and IPS unit shipments.
Terry Aasen, Sonitor Chief Executive Officer, stated, "2007 was a
breakthrough year for Sonitor as the healthcare market increasingly recognized
the
value of, and need for, reliable location accuracy in complex, high-value,
indoor environments such as hospitals. Sonitor has established a place for
its unique ultrasound based real-time location system technology in healthcare
and
other select target market segments. According to recent industry estimates, the
active RTLS market across all market segments is expected to exceed US $7
billion by 2017. Within this projected growth trend Sonitor has recently had
over a dozen well-known hospitals in the United States join the ranks of
Sonitor's
growing list of healthcare clients, reinforcing our market position in the
high growth market vertical."
Sonitor's RTLS and IPS applications are customized for each hospital,
ranging from
full 500+ bed hospital environment deployments, which include tracking over
3,000
pieces of high-value equipment, to patient tracking solutions for emergency
walk-in clinic environments and automatic tracking of the location of patient
charts in a 300-bed hospital. Don Zeppenfeld, Sonitor's VP Business
Development,
added, "Hospitals value Sonitor's 100 percent room, or sub-room-level, such
as patient-bed, location accuracy."
"While the world is full of headlines about RFID, Sonitor has seen 20
percent of its RTLS deployments replace existing RF-based tracking technologies
and systems which were not able to deliver the desired location accuracy
performance the hospitals expected," Mr. Aasen stated.
Another major reason for Sonitor's success in the healthcare segment is
itsalignment with several software partners, such as Patient Care
TechnologiesSystems, Awarix, PeriOptimum, RadiantWave, Tagnos, Intelligent
InSites and
others. These valuable partners have joined ranks with Sonitor to provide their
end customers with the best overall solutions which, when RTLS is involved,
is firmly based on reliable and accurate location data for the objects that
are being tracked. Through Sonitor's versatile technology, it has concluded
several successful deployments, outside of the healthcare sector, including
customers in the hospitality and consumer research markets.
About Sonitor Technologies, Inc.
Sonitor Technologies is the developer, manufacturer and supplier of a
proprietary ultrasound indoor positioning system (IPS) that automatically tracks
precisely by room the real-time location of moveable equipment and people in
complex indoor environments, such as hospitals. Sonitor's RTLS technology is
designed for seamless integration with third party software and integration
solutions. Sonitor Technologies was founded in Norway in 1997.
To learn more about Sonitor Technologies and its ultrasound IPS, please
visit
the corporate website at www.sonitor.com.
Safe Harbor Statement
This press release contains forward-looking statements relating to future
events, such as the development of new products, the commencement of
production, or the future financial performance of the Company. These
statements fall within the meaning of forward-looking information as defined
in the Private Securities Litigation Reform Act of 1995. These statements are
subject to a number of important risks and uncertainties that could cause actual
results to differ materially including, but not limited to, economic,
competitive, governmental, and technological factors affecting the Company's
markets and market growth rates, products and their rate of commercialization,
services, prices and adequacy of financing, and other factors. The Company
undertakes no obligation to update, amend, or clarify forward-looking
statements, whether because of new information, future events, or otherwise.
CONTACTS:
Sonitor Technologies, Inc.
Terry Aasen
President and CEO
Tel: (877) 477-9767
Email: Email Contact
Sonitor Media Relations:
Ivette Almeida
The Global Consulting Group
Tel: (646) 284-9455
M. (917) 302-9946
Email: Email Contact
Copyright 2008, Market Wire, All rights reserved.
-0-
