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Global Med Technologies(R), Inc. Partners With Biomedical Synergies to Offer Advanced Tissue Tracking Solutions for Hospitals and Surgery Centers
Date:11/4/2008

Proven human tissue/implant tracking solution now available internationally

DENVER, Nov. 4 /PRNewswire-FirstCall/ -- Global Med Technologies(R), Inc. ("Global Med") (OTC Bulletin Board: GLOB), an international e-Health, medical information technology company, and Biomedical Synergies, Inc. ("BSI"), a privately held healthcare consulting and software development company headquartered in Minneapolis, Minnesota, today announced that they have signed an agreement under which Global Med will distribute TRACS4Life(TM) tissue tracking software. BSI specializes in human tissue/implant tracking management software for the medical industry. Terms of the agreement were not disclosed.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040226/GLOBALMEDLOGO)

TRACS4Life is a best-of-breed tissue tracking software application for hospitals and surgery centers. Built on Microsoft(R) products, TRACS4Life meets and exceeds the Joint Commission tissue management requirements by streamlining the investigations of worst case scenarios, adverse reactions and product recalls. TRACS4Life uses manufacturers' barcodes to track and trace human tissue products and to track non-biologic implants from their entrance into a facility through final disposition.

Historically, there has been little standardization and even less coordination of the handling of human tissue products within healthcare facilities. Currently, most facilities utilize a manual tissue-tracking system, which is time consuming at best, inefficient at least, and rife with opportunities for human error. This decentralized tracking method translates into increased times to process a recall and to investigate an adverse event. One hospital recently shared that their time to manually process a recall of only seven tissue products was over two months. This example provides clear insight into how a manual tissue tracking
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SOURCE Global Med Technologies(R), Inc.
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