COSTA MESA, Calif., Dec. 2 /PRNewswire-FirstCall/ -- TROY Group, Inc. (Pink Sheets: TROY), a worldwide leader in secure on-demand printing solutions, announces the first digital printer for printing the federally mandated security features onto plain laser bond paper. The TROY SecureRx printer allows healthcare providers to significantly reduce the cost of printing prescriptions while complying with the security regulations established by the Center for Medicare and Medicaid Services (CMS).
The fully configured TROY 3005 SecureRx printer uses the HP LaserJet P3005 printer as its foundation and provides customers 35 pages per minute print speed. Ideal for printing prescriptions and patient discharge documents, the TROY SecureRx printer can be used to print any other documents in hospitals, ambulatory facilities, and clinical environments. Healthcare providers can choose from a fully configured TROY SecureRx printer or purchase a TROY SecureRx firmware module to upgrade existing HP P3005 LaserJet printers.
This printer was developed to help hospitals comply with the new regulations that went into effect on October 1, 2008 requiring prescriptions be issued with copy-evident, erasure-evident and anti-counterfeit security features, to be eligible for CMS reimbursement. The TROY SecureRx printing solution includes HP-authorized security enhancements from TROY providing on-demand printable features that meet and exceed all three of the security features required by CMS.
TROY security enhancements include the new TROY copy prevention pantograph technology, patents pending, as well as TROY customizable micro-print font which helps to address the need for copy-evident features. TROYmark(TM), variable print watermark, is an industry recognized feature that provides the erasure-evident feature. A warning indicator, which is built into each prescription, provides the anti-counterfeit security features required by CMS.
"Healthcare providers have told to us that the TROY SecureRx printer is an investment which is easy to justify," states Larry Landtiser, Senior Vice President and General Manager of TROY Group, Inc. "The TROY SecureRx printer eliminates the need for expensive prescription paper, dedicated prescription printers, and the labor intensive costs associated with chain of custody management of prescription forms, and companies are able to see a return on their investment within months of purchasing."
For an even higher level of security and prevention against alteration of prescriptions, TROY recommends using TROY Security Toner, an anti-fraud technology which forces a bright red stain to appear if chemical alteration is attempted. This addition to the SecureRx solution provides the benefits of chemically sensitive paper at a fraction of the cost.
The TROY 3005 SecureRx printer is the first in the series of TROY SecureRx solutions to be introduced. To complete the solution, TROY provides full software integration support to any Electronic Medical Record (EMR) system. To learn more about the CMS requirements or the TROY SecureRx solution please visit our website at http://www.troygroup.com/healthcare.
About TROY Group
TROY Group, Inc. ("TROY") is a worldwide leader of secure on-demand printing solutions. TROY solutions manage, secure and simplify end-to-end enterprise printing environments. TROY offers application software, security printing hardware and specialized consumables for securely printing checks, money orders, transcripts, prescriptions and other important documents. TROY solutions are used by small and medium size businesses as well as large enterprises and governmental organizations to manage fraud, operational risk and comply with government regulations related to protecting information privacy. As a Gold Solutions Partner to HP, TROY is the only company in the world authorized by HP to enhance HP printers and consumables for use in secure printing workflows. Only TROY MICR and Security printers and HP compatible MICR Toner cartridges are certified by HP for quality and reliability. TROY sells and services its products to major corporations, banks, key government accounts and distributors worldwide. Visit TROY at http://www.troygroup.com.
Forward-looking statements of TROY (statements that are not historical fact) in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as believe, expect, may, will, estimate, could and should, and the negative of these terms or other similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but, are not limited to, the ability to develop new products, the ability to hire and retain qualified management, technology and other personnel, the impact of competition from existing and new technologies and companies and the other factors set forth in our periodic reports and other documents that we distribute from time to time which are available in our financial statements under certain important factors on our website TROYgroup.com or pinksheets.com. Statements included in this news release are based upon information known to TROY as of the date of this release, and TROY assumes no obligation to update information contained in this news release.
Note to Editors: TROY is a registered trademark of TROY Group, Inc. Hewlett-Packard is a trademark of Hewlett-Packard, Inc. All other trademarks are property of their respective holders.
For More Information Contact: John Hodgson, Director of Marketing TROY Group, Inc. 3 Bryan Drive Wheeling, WV 26003-6121 (304) 232-0899 (304) 232-0996 Fax http://www.troygroup.com
|SOURCE TROY Group, Inc.|
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