COLUMBIA, Md. and SAN JOSE, Calif., March 31 /PRNewswire/ -- Eurotech, a leading provider of embedded products and technologies, today announced that it has entered into a contract with Authentidate for design and delivery of the embedded computing engine for Authentidate's joint venture ExpressMD Solutions' remote patient health monitoring device. After initial delivery of units, Authentidate will have the option of moving to a license business model with Eurotech for complete control and responsibility of manufacturing and procurement functions.
The device currently uses the Eurotech BitsyXb embedded computer with a custom carrier card to optimize features and I/O options. Eurotech's engineering development team will deliver a single board that will leverage the current computer design for greatest cost reduction and differentiation of the platform to fulfill this contract within Authentidate's accelerated time to market schedule.
Authentidate chose to continue working with Eurotech based on FDA approval of the existing technology, the company's ability to deliver a low-power solution, past positive engineering design and customer support service, and the company's business model and product line flexibility.
"Since our device is designed for the healthcare market, we need it to have a high performance level, a robust design and be flexible in configuration," said Ben O'Connell, President of Authentidate Holding Corp. "More importantly, Eurotech has a history of building products that can be manufactured to meet the healthcare market demands that Authentidate is addressing at the price points that allow us to be competitive."
"Authentidate encouraged us to explore the best ways to support their industry compliance requirements and constraints," explains Greg Nicoloso, CEO of Eurotech in North America. "Moving from an off the shelf product, to a differentiated and customized platform, to a license model gives Authentidate the path to introduce and grow with technology that will meet the long-life needs of the medical industry."
Eurotech (ETH.MI) is a global leader in the design, development and production of application-ready embedded platforms. Eurotech architects systems that help companies bring their products to market quickly through state-of-the-art enabling technologies with advanced graphics capabilities, low-power consumption and robust functionality. Eurotech specializes in helping customers connect their applications to the latest available wireless, mobile and pervasive technologies. For more information, please visit the Eurotech website at www.eurotech.com
About Authentidate Holding Corp.
Authentidate Holding Corp. is a worldwide provider of secure Health Information Exchange and workflow management services. The company's software and web-based services enable healthcare organizations and other enterprises to increase revenues, improve productivity and reduce costs by eliminating paper and manual work steps from clinical, administrative and other processes and enhancing compliance with regulatory requirements. The web-based services are delivered as Software as a Service (Saas) to customers. These solutions incorporate rules-based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication and automated audit trails. Both web and fax based communications are integrated into automated and trusted workflow solutions. The company has offices in the United States and Germany. In the United States, Authentidate offers its patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM). For more information, visit the company's website at www.authentidate.com
Authentidate is a registered trademark of Authentidate Holding Corp. All other trade names are the property of their respective owners.
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