Xenos focuses its integration and delivery solutions in the healthcare sector
TORONTO, Ontario, September 8, 2004 - Xenos Group Inc. (TSX:XNS), today announced the formation of a healthcare solutions division. The mandate of Xenos Healthcare Informatics is to deliver the benefits of Xenos' widely respected electronic data and document integration solutions to the healthcare sector.
Xenos' solutions enable seamless communication between technologically incompatible clinical as well as administrative systems. The healthcare industry has developed silos of information not readily accessible to those who require it on a timely basis. Enabling seamless communication between hospitals, community services and physicians will not only reduce healthcare costs and eliminate unnecessary activities but will make a positive contribution to the care of the patient. For example, according to industry commentators, a more timely electronic distribution of the Patient Discharge Summary will lead to better after-care outcomes.
Xenos has identified over a dozen specific integration solutions aimed at the Healthcare Sector.
Among the Solutions that Xenos has already delivered:
These solutions, along with others offered by Xenos, are focused on addressing healthcare productivity, compliance with privacy legislation and cost savings.
A typical Xenos solution delivers a tremendous return on investment. Information and communication technology integration will result in cost savings and increased operating efficiencies and will not represent a net burden to the Healthcare System.
Xenos currently has in excess of twenty Healthcare customers including Blue Cross/Blue Shields, hospitals, regional healthcare authorities, pharmaceutical companies, health insurance and payer enterprises.
Xenos healthcare solutions will be exhibited at the following events:
Xenos has provided data and electronic document transformation solutions for over 20 years. Its solutions are embraced worldwide, across a wide variety of industries, including healthcare, financial services and government. Xenos improves the efficiency of information and data management while preserving investments in existing IT infrastructure, systems, applications and procedures. Its solutions provide the capture, composition, transformation, enhancement, repurposing, storage, retrieval and distribution of documents across the enterprise. Xenos data solutions are used to integrate incompatible applications, business processes, enterprise systems, partners, structured data, databases and Web services. Its product offering includes Xenos d2e, Xenos infoWEB, Xenos terminalONE and GoXML. Xenos has offices in Canada, the United States, the United Kingdom and France. Xenos trades on the Toronto Stock Exchange under the trading symbol "XNS." For more information visit www.xenos.com.
Vice President Sales and Marketing
Bill Kurtz
Tel: +1 (203) 849-7632
Fax: +1 (203) 229-9731
E-mail: bkurtz@xenos.com
Investor Relations Contact:
Cory Pala
Xenos Group, Inc.
416-657-2400
cpala@xenos.com