Message #10 From:
NewsBot Date: July 17, 2006 05:00:00 AM
MSSI News MSSI to Provide Staffing Services to 20 New Hospitals in Maryland and D.C.
VIENNA, Va.--(BUSINESS WIRE)--July 17, 2006--MSSI (OTCBB:MSSI), an established provider of medical personnel, technology services and homeland security products to government and commercial clients, is pleased to a new contract award through the Chesapeake Registry Program which adds twenty new hospitals to MSSI's customer base.
The Chesapeake Registry Program, an affiliate of The Maryland Hospital Association's shared services subsidiary PRIME, was developed in response to member concerns regarding the quality and availability of supplemental staff. The program is provided as a service to participating institutions in Maryland, Washington D.C., and Delaware. This cooperative purchasing program uses the volume of participating institutions supplemental staffing needs to develop favorable contracts and increase the availability of staff while enhancing the quality of the process. (www.chesapeakeregistry.com). MSSI's wholly-owned subsidiary, Nurses Onsite Corp. (NOC) has been selected as one of the exclusive agencies to participate in this program. 19 hospitals in Maryland and 1 hospital in Washington D.C. have been subsequently added to NOC's client base.
MSSI's President and CEO, Dr. B.B. Sahay, stated, "The contract awarded through the Chesapeake Registry Program to NOC mandates that the participating hospitals post their daily nurse staffing needs electronically to the awarded staffing agencies first, before they seek staff assistance from outside agencies. In the short time we have been servicing this contract, we have already encountered dozens of requests from the various hospitals in the program on a daily basis. We look forward to servicing this contract and bolstering our presence in the tri-state area."
For all future Medical Staffing Solutions investor relations needs, investors are asked to visit the Medical Staffing Solutions IR Hub at http://www.agoracom.com/IR/MedicalStaffing where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to MSSI@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies and to the private sector. The company's Medical Services Division has operations in 22 states servicing hospital and medical facilities with a complete range of medical staff, including doctors, nurses and technicians. The company holds multiple long-term contracts, including those with the U.S. Army, the U.S. Department of Health and Human Services and the state of California.
The company's Technology Division provides systems integration and information technology services to the federal government, as well as emergency equipment, decontamination products, vehicles and supplies to state and local governments.
MSSI-TeleScience International currently has over 200 employees and continues to grow its staff and contracts.
Nurses Onsite is a provider of nurse staffing services to acute care facilities nationwide. The company operates a network of 13 staffing locations in 9 states, serving over 200 hospitals. These locations primarily focus on placing per diem nurses on an "as needed" basis to hospitals facing a critical shortage of staff nurses. Based in West Palm Beach, Florida, Nurses Onsite employs over 1,200 nurses and 30 executive, management and administrative staff. Having grown organically since inception in 2002, the company has been invited into new markets by some of the nation's largest hospital chains because of its cost efficient streamlined delivery model.
Nurses Onsite plans to expand services rapidly by leveraging its recruiting technology in the recently launched National Recruiting Center.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MSSI-TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand, market acceptance of our services and changes in our business strategies.
