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Intermountain McKay-Dee Hospital Center Expands Real-Time Locating Solution From Versus Technology, Inc.

TRAVERSE CITY, Mich., Sept. 30 /PRNewswire-FirstCall/ -- Intermountain McKay-Dee Hospital Center and Versus Technology, Inc. (Versus) are pleased to announce an expansion of the 2002 Real-time Locating Solution (RTLS) at Intermountain McKay-Dee Hospital Center to include Versus' Enterprise Asset Management solution. The real-time asset tracking application will allow McKay-Dee to quickly and easily locate equipment, monitor utilization and inventory levels, and receive preventative maintenance alerts.

The Versus infrared (IR) and radio-frequency identification (RFID) sensory network enables accurate locating of unique ID tags affixed to the hospital's assets. Tagging assets allows staff to instantly locate needed equipment and contributes to greater efficiency throughout the facility. McKay-Dee initially plans to track over 2,000 assets throughout the 352-bed facility.

Utilizing Versus' exclusive rules-based software, McKay-Dee Hospital benefits from the efficiencies generated by task automation. For example: with preventative maintenance dates known, as the date approaches, Versus will alert the appropriate staff that a particular piece of equipment is due for maintenance and deliver the equipment's current location. Similar rules-based applications will notify staff of warranty expirations and low-battery status. Real-time awareness of an asset's location will help staff immediately locate rarely used assets and control inventory levels for frequently used items to ensure that the equipment is appropriately stocked and available for use.

With the Versus Reports Plus(TM) program, McKay-Dee Hospital Center will also have a tool to map utilization according to the asset's make/model and per unit usage. This will help McKay-Dee develop equipment storage models and quickly assess equipment needs. When making rental or purchase decisions, hospital staff will be able to see if certain makes and models seem to be preferred and investigate all information. This insight will aid staff satisfaction on all levels.

McKay-Dee Hospital is a hospital within the Intermountain Healthcare system. Recently, President Obama praised Intermountain Healthcare for its healthcare delivery system that offers "high quality care at costs well-below average." It is, in part, Intermountain Healthcare's use of technologies that create greater efficiency and reduce expenditures -- like the Versus Real-time Locating System -- that contribute to its evidence-based medicine philosophy by ensuring that equipment is maintained and ready for use.

About McKay-Dee Hospital

Intermountain McKay-Dee Hospital Center is a center of extraordinary care in the community. Founded by Annie Taylor Dee in 1910, the Hospital continues to provide high-tech service with personalized care, regardless of the patient's ability to pay. McKay-Dee Hospital Center is a non-profit, 352-bed, full-service tertiary and acute care referral center located in Ogden, Utah.

McKay-Dee Hospital's new facility that opened in 2002 is recognized as one of the finest facilities in the country. The Hospital offers the latest in diagnostics, surgery and medicine while integrating light, color, sound, and way-finding to provide a comfortable healing environment for patients and their family members.

McKay-Dee Hospital is also part of the Intermountain Healthcare system and is a nonprofit system of hospitals, surgery centers, doctors, clinics, and homecare & hospice providers that serves the medical needs of Utah and southeastern Idaho.

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.

SOURCE Versus Technology, Inc.
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