Patriot Presents at Health Technology Investment Forum in San Francisco
posted on
Mar 12, 2009 05:23AM
Dr. William C. Mohlenbrock Speaks on Health Information Exchange Deployment and Financing
Patriot Scientific Corporation (OTCBB: PTSC), announced that Willliam C. Mohlenbrock, M.D., Healthcare Subject Matter Expert for Crossflo Systems, Inc. (a Patriot Scientific company) will present on behalf of Patriot at the 2009 Health Tech Investment Forum at Le Meridien Hotel in San Francisco on March 24 at 11:45 a.m. Dr. Mohlenbrock, a nationally recognized expert in healthcare information sharing and clinical quality improvement, will address “Enabling the Rapid Deployment and Financing of Hospital-based Health Information Exchanges.”
Patriot expanded into healthcare information sharing in 2008 with its acquisition of Crossflo, whose primary data-sharing markets are healthcare and justice/public safety. Later in 2008, Patriot, through Crossflo, acquired the Iameter Clinical Quality Improvement Solution suite which uses data to objectively improve inpatient clinical quality and reduce resource consumption. In addition to those markets, Crossflo targets the state, regional and local components of health information exchanges (HIEs) to enable hospitals to link state-wide data sources into a near real-time syndromic surveillance program.
The 2009 Health Technology Investment Forum is a one day conference that will provide an opportunity for investors and healthcare leaders to discover the latest trends and investment opportunities. Attendees will have the opportunity to hear from both public and private high growth companies. The Forum website states that “by 2010 healthcare spending is expected to reach $2.6 trillion, 16.8% of GDP. In 2007 healthcare technology represented 54% of all deals in the healthcare industry totalling $172.9 billion.” For more information visit http://www.ccsexpo.com/healthtechfor...
About Patriot Scientific Corporation
Headquartered in Carlsbad, California, Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world. Patriot Scientific has recently embarked on an aggressive business expansion initiative complementing its recent acquisition of data sharing software provider, Crossflo Systems Inc. (www.crossflo.com) Patriot is evaluating full M&A and minority investments in early-stage technology companies in the data sharing software and secure networking technology sectors. These investments are funded with revenues generated, in a large part, from the continuing successful Moore Microprocessor Patent™ Portfolio licensing partnership with The TPL Group. Patriot Scientific’s integrated core intelligence solution addresses the critical data/information sharing needs of the healthcare industry, the Department of Homeland Security, the Department of Justice, and federal, state, and local public safety and law enforcement agencies. For more information on Patriot Scientific Corporation, visit: www.ptsc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
for Patriot Scientific Corporation
Angela Hartley, 760-547-2700 ext. 102
Source: Business Wire (March 12, 2009 - 9:23 AM EDT)