SAND(TM) Launches Healthcare Analytics Application Suite
Showcased at e-Health 2003, System Features Modules for Clinical Research,
Discharge Record Management and Medical Note Management
TORONTO, May 26 /PRNewswire-FirstCall/ -- SAND Technology(TM) (Nasdaq: SNDT) has chosen e-Health 2003, a joint conference sponsored by COACH: Canada's Health Informatics Association and the Canadian Institute for Health Information (CIHI), as the venue to announce its new high-performance Healthcare Analytic Server. The product is designed to make the information contained in electronic medical records more easily and inexpensively available to the full health care community, including researchers and administrators, with minimal need for involvement by IT resources. "Better, more accessible patient information makes for better, less expensive healthcare," said SAND Executive Vice President Jerry Shattner. "The core of this initiative is the SAND(TM) Analytic Server, a technology that has been instrumental in building customer database analysis systems for companies in the telecommunications and financial services sectors. With the Healthcare Analytic Server, we have taken those commercial best practices and adapted them to the healthcare market in a way that will make critical information more accessible to caregivers, medical researchers and administrators, while providing a high level of privacy protection for the patient." The SAND(TM) Healthcare Analytic Server includes: * An automated process to manage the extraction and transformation of data from medical systems * A specialized data model to translate complex health data into information that is meaningful to the different sectors of the healthcare organization * A patient privacy protection component based on the 3DES encryption standard * A SNOMED batch encoder used to integrate semi-structured (freetext) medical information, for example medical notes * User-friendly report generation and ad hoc query interfaces * A data segmentation tool for providing precise extracted data samples to researchers. The system is modular, providing entry capabilities for institutions at any stage of operational automation. It can be configured to suit different departmental functions: The SAND Discharge Record Analytic Server enables analytics on a healthcare organization's discharge database. This solution can be quickly implemented for organizations of any size, and delivers a 360-degree view of discharge information to a variety of departments, including administration, professional services, health record managers, and researchers. The SAND Laboratory Analytic Server combines laboratory data with discharge record data. The result can be coupled with disease and/or medical procedure data to enable a better understanding of healthcare practices or to support health demographic studies. The SAND Clinical Analytic Server integrates the Electronic Patient Record into the analytic platform. For healthcare organizations that have implemented an Electronic Patient Record system, this enables analysis of all aspects of a clinical pathway and can be used to monitor and analyze clinical practices as well as to track organizational efficiency "The SAND(TM) Healthcare Analytic Server was originally developed for the Centre de Recherche Clinique at the Centre Hospitalier Universitaire de Sherbrooke (CRC-CHUS) in Quebec, where a full Electronic Patient Record system is available with twelve years of information," continued Shattner. "It has since been revised to meet the administrative requirements of healthcare and research centers at different stages of automation in the other Canadian provinces, as well as the HIPAA requirements that apply to applications in the USA." "SAND offers us something we have not been able to find until now: a powerful, secure platform for exploring patient data that can be maintained with minimal help from the IT department," said Fabien de Lorenzi, Associate Director of Research, CHUS. "The SAND Healthcare Analytic Server is simple to use, so that each researcher can construct and test hypotheses, and it's fast -- responses to complex queries are usually returned in seconds -- so that our researchers can refine their hypotheses practically as quickly as they can think." About the SAND(TM) Analytic Server An optimized platform for high-performance analytic applications, the SAND(TM) Analytic Server integrates virtually unlimited volumes of data from a variety of sources -- data warehouses, operational systems, and legacy or third-party databases -- in a fully-indexed analytical repository that can be rapidly deployed and quickly and easily accessed by business users. It boosts the performance of existing Business Intelligence architectures while reducing the need for involvement of specialist data management staff. The SAND Analytic Server is highly scalable to accommodate growth, fast and simple to update to accommodate business change, and fully supports 24x365 operations -- delivering on the promise of analytics @ the speed of business(TM) by immediately showing tangible business benefits and high overall return on investment. About SAND Technology(TM) SAND Technology empowers organizations worldwide with a better understanding of their business through a better understanding of their business data. SAND Analytic Server-based solutions include CRM analytics, web analytics, and other specialized "Business Intelligence" applications for government and security, healthcare, supply chain management, inventory and production optimization, financial analysis, and strategic planning. SAND's customer intelligence division, ClarityBlue(TM), is a world leader in providing large-scale CRM analytics systems integration solutions. SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe, and is traded on NASDAQ under the symbol SNDT. For more information on SAND Technology visit www.sand.com . All Rights Reserved. SAND Technology, Nucleus, Nucleus Server, N: VECTOR, Nucleus Exploration Warehouse, Nucleus Exploration Mart, Nucleus Exploration Data Warehouse, Nucleus Octopus, Nucleus Powered!, Nucleus E!, Nucleus and MPSO are registered trademarks and, Nucleus Virtual Database (VDB), Nucleus Adviser, SAND Analytic Server, SAND Analytic Warehouse, Analytics @ the Speed of Business, and ClarityBlue are trademarks of SAND Technology Inc. Other trademarks are the property of their respective owners. Certain statements contained in this press release are "forward-looking statements" within the meaning of the United States Private Securities Reform Act of 1995 and are intended to be subject to the safe harbour protection provided by this Act. Such forward-looking statements are based on reasonable assumptions and current expectations, but involve known and unknown risks and uncertainties. Some assumptions may not materialize and unanticipated events may occur which could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Competitive pressures, availability and cost competitiveness of competing products, timing of significant orders, management of potential growth, risks of new business areas, international expansion, decreased demand for computer software and services due to weakening economic conditions and market acceptance of the SAND Nucleus Product Suite are important factors which could cause actual results to differ materially from those projected. More information about factors that potentially could affect SAND's financial results is included in Sand's current Annual Report and in SAND's reports to the Securities and Exchange Commission.
SOURCE SAND Technology
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