Press Release
MEDITECH Selects FileTek as its U.K. Distributor- Company will act as Sales Agent and Integrator for MEDITECH's Health Care Information Systems (HCIS)
London, U.K. (July 23, 2001) - FileTek, Inc., a data storage and access management solutions provider, and Medical Information Technology, Inc. (MEDITECH), a health care information systems technology supplier, today announced a joint agreement that appoints FileTek as MEDITECH's distributor within the United Kingdom. As such, FileTek will provide added sales and integration services to future MEDITECH business opportunities in the National Health Service (NHS) and private health care sectors. It is anticipated that this agreement will provide over £24 million ($34 million) of revenue to FileTek over the next five years.
MEDITECH software is currently installed at ten medical facilities in the U.K., helping the National Health Service (NHS) digitize, organize, and allow secure access to patient records regardless of geographic location. Using technologies from both companies, (including FileTek's StorHouse® data management software,) medical facilities will have the opportunity to comply early with the NHS strategy for Electronic Health Records (EHR) targeted for 2005. Total funding by the NHS for this information technology upgrade is set at £1.1 billion ($1.4 billion) over the next three years.
"This agreement is an important step for our company," said Lawrence Polimeno, MEDITECH's President and COO. "FileTek not only brings us its technical expertise, but also solid business relationships within the United Kingdom, developed by their outstanding sales and engineering staff located in London. MEDITECH looks forward to a mutually fruitful relationship."
"We are excited and honored by the trust and confidence MEDITECH has shown in our abilities to successfully represent it to this important marketplace," said Bill Thompson, FileTek's Chairman and CEO. "Our London team has always performed exceptionally and I have no doubt they will continue to do so as a partner of MEDITECH."
FileTek's flagship product, StorHouse, provides relational access to all types of data regardless of the media it is stored on. It possesses virtually unlimited scalability and the ability to manage a full storage hierarchy (disk, optical, and tape) in order to meet customer access requirements in the most cost-effective manner. For a free StorHouse Concepts and Facilities Manual, e-mail info@filetek.com or call: 301-517-1823.
About FileTek
FileTek, Inc. is a provider of data storage and access management solutions,enabling enterprises, worldwide and across multiple industry segments, to rapidly access ever-growing volumes of historical data.
The company's U.K. office is located at One Northumberland Ave., London WC2N 5BW. Telephone: +44 (0) 207 872 5583. Fax: +44 (0) 207 753 2829. FileTek, Inc. is headquartered in Rockville, Maryland USA. The company also has offices located in Germany and Belgium. Internet: www.filetek.com
About MEDITECH
MEDITECH has been a leader in health care information systems technology since 1969, and is the leading supplier of health care information systems for integrated delivery systems. MEDITECH software is installed in over 1,600 hospitals and health care enterprises worldwide.
The company is located at: MEDITECH Circle, Westwood, MA 02090, USA. Telephone: (+1) 781-821-3000. Fax: (+1) 781-821-2199 Internet: www.meditech.com