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Velocity Emerges as Healthcare Technology Leader
Date:11/10/2008

Successful migrations to its hosting platform, new client acquisitions

power dramatic growth

NEW YORK, Nov. 10 /PRNewswire/ -- A series of successful initiatives has driven Velocity Technology Solutions, Inc. to become one of the top providers of enterprise software application management, hosting and consulting services to the U.S. healthcare industry.

Velocity now serves more than 60 U.S. healthcare organizations. The company's investment in several strategic activities has fueled Velocity's dramatic growth and positioned Velocity as a market-leading provider. Velocity has:

-- Acquired the Lawson-hosted (ASP) line of business from Siemens Medical Solutions Health Services Division;

-- Engaged in a significant recruitment program to draft industry-leading healthcare IT talent to the Velocity's team;

-- Partnered with Verizon and IBM to build-out a new, massively scalable infrastructure and network to host its current and future healthcare clients;

-- Launched a strategic program to bring new technologies, such as workforce management and imaging enhancements, to healthcare clients;

-- Debuted its OneSource technology suite which includes self-service capabilities that provide greater control to clients over their systems and security; and

-- Introduced a rapid upgrade program support to enable clients to mitigate the time and resource commitments associated with the Lawson 9 application upgrade.

The healthcare sector has widely adopted Lawson software applications as a standard. Velocity is the leading provider of Lawson-managed services and is Lawson's preferred provider for hosting services.

"Velocity is well on its way to becoming a true partner for us," said Gregg Veltri, Chief Information Officer for Denver Health Medical Center, a Siemens' customer since 1999. "Transitioning is never without challenges. Velocity has been willing to listen, adjust to our bu
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SOURCE Velocity Technology Solutions
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