Business Services Industry
Clinton to Offer Legislation to Protect Integrity and Privacy of Medical Records as ADC Continues to Execute Business Plan
Business Wire, Jan 31, 2000
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Jan. 31, 2000
In response to President Clinton's strong statements in regard to medical record integrity and privacy, Anonymous Data Corp. (OTCBB:ANYD), of Las Vegas, a biometric-based data management company, stated that the speech from the president recognizes a great need for services that supply medical record integrity, such as ADC provides.
An excerpt from Clinton's State of the Union address Thursday evening further illustrates the president's position on the importance and potential for abuse of medical records:
&uot;First and foremost, we have to safeguard our citizens' privacy. Last year, we proposed to protect every citizen's medical record. This year, we will finalize those rules,&uot; said President Clinton. &uot;We've also taken the first steps to protect the privacy of bank and credit card records and other financial statements.
&uot;Soon I will send legislation to you to finish that job. We must also act to prevent any genetic discrimination whatever by employers or insurers. I hope you will support that.&uot;
The final address from President Clinton and his strong remarks toward medical record integrity were welcomed by Dr. James E. Beecham, of ADC: &uot;We are appreciative of the president's concern for an issue on which we have built a company.
&uot;We believe that perhaps the public and some of our governmental leaders are as yet unaware of the potential harm that can be done through abuse or misuse or medical records. We are also confident that biometrics has a place in solving this problem.&uot;
Anonymous Data Corp. is a sole-source original equipment manufacturer (OEM) of ADCNET(TM). The systems integration company produces customized biometric identification systems under exclusive ADC patent licenses.
One such application of the ADCNET(TM) is designed to maintain the control and confidentiality of sensitive medical test data entirely within the direction and discretion of the individual tested.
The company's name, Anonymous Data, is derived from the ability to manage sensitive medical data without relying on the tested individual's name, but rather a biometric code (from scan of the tested individual's iris or electronic fingerprint).
ADCNET(TM) is applicable to records in the courts and judicial systems, donor identification in plasma/blood banking, epidemiology, HIV and sexually transmitted diseases (STD), prevention of fraud in medical billing, confidential drug testing results and other businesses that require customized secure database applications.
Additionally, ADCNET(TM) is applicable internationally in other areas where medical data ties to other important functions such as disaster relief, vaccination records, voter/health registration and passport control.
For more information on Anonymous Data Corp., call 702/933-3713 or toll-free at 888/686-0756, or visit their Web site at www.adcx.com.
Note: Statements contained in this release that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and periodic filings with the Securities and Exchange Commission.
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