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Versus Technology, Inc. Announces Sale of Real-Time Location System to the St. Louis VA Medical Center

TRAVERSE CITY, Mich., July 8 /PRNewswire-FirstCall/ -- The St. Louis VAMC, John Cochran Division has selected Enterprise VISion(TM), a real-time location information system (RTLS) from Versus Technology, Inc. (Versus) to improve efficiency and safety while helping to manage their growing patient populations. Specifically, the St. Louis VAMC, a two-division, tertiary care facility with over 200 hospital beds, will deploy VISion: Clinic(TM) in their outpatient eye clinic and VISion: Perioperative Suite(TM) in their operating room for automated patient tracking.

The Versus RTLS, used in hundreds of healthcare facilities for process improvement, will display the real-time location of patients and staff, automate and display staff-to-patient assignments, and reduce manual data entry through custom rules designed to "trigger" events, alerts and automatic data collection. Versus will provide real-time data on key performance indicators (KPI) such as patient wait time to assist with quality improvement initiatives.

Versus will also provide the St. Louis VAMC with a custom reporting mechanism that will allow the facility to collect historical data on patient visits, patient and staff interactions, and patient volume relative to other parameters such as time of day or staffing levels. These reporting features will make it possible for the St. Louis VAMC to evaluate, modify and improve processes based on actual and automatically collected data, rather than perceptions, best guesses and error-prone data entry.

Versus' asset tracking, bed management and patient flow solutions are positively transforming healthcare by making patients safer, staff more efficient, and communication more dynamic--all in a cost-effective manner. "The VAs throughout the U.S. are getting hit with budget cuts--even as they're seeing the number of patients increase," says Paul Timmerman, VP of Sales and Marketing at Versus. "They're having to ask staff to do more with less. Versus makes that task a little easier and less stressful. Ultimately, the outcome is better patient care."

The patented Versus IR and Active RFID patient and asset tracking system is exclusively endorsed by the American Hospital Association and is a key component of their Patient Flow Platform, which includes a select group of vendors that provide proven solutions to enhance patient flow and improve patient safety.

About The St. Louis VA Medical Center

The St. Louis VAMC is a two-division, tertiary care facility with 218 approved hospital operating beds, a 71-bed Community Living Center (CLC), a 50-bed Rehabilitation Domiciliary for Homeless Veterans and a 25-bed Substance Abuse Residential Rehabilitation Treatment Program (SARRTP) that provides a comprehensive range of services to veterans who reside in 7 counties in eastern Missouri and 14 counties in western Illinois. The medical center provides outpatient primary care and specialty care services in addition to specialized inpatient care. The facility also maintains Community Based Outpatient Clinics, in St. Charles, Missouri, Belleville, Illinois and North St. Louis City. St. Louis VAMC is the tertiary referral center for the VA Medical Centers in Marion, Illinois, and Poplar Bluff, Missouri.

About Versus Technology, Inc.

Versus Technology, Inc. is the leader in the development and sale of context-aware real-time location systems (RTLS) used for enterprise patient tracking, bed management and asset tracking to improve patient flow and caregiver/patient communications in hospitals, clinics and long-term care facilities. Versus also develops dual infrared and Active RFID tags and other location tracking hardware to make locating systems more precise, security systems more intelligent, nurse call systems automatic, and hospital asset tracking systems more efficient. Indoor positioning through Versus' RTLS enhances existing hospital software and patient care systems with real-time, reliable bed-level location information. The patented Versus IR and Active RFID patient and asset tracking system is exclusively endorsed by the American Hospital Association and is a key component of their Patient Flow Platform--which includes a select group of vendors that provide proven solutions to enhance patient flow and improve patient safety. (; Pink Sheets: VSTI.PK)

Safe Harbor Provision

This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors. The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise.

SOURCE Versus Technology, Inc.
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