Business Services Industry
iVOW Announces Agreement With Evergreen Healthcare
Business Wire, Jan 19, 2006
CARLSBAD, Calif. -- iVOW, Inc., (NASDAQ: IVOW) announced today that its wholly owned subsidiary, Sound Health Solutions (SHS) has signed an agreement with Evergreen Healthcare to provide bariatric treatment and services to its employees. Evergreen is a public hospital in Kirkland, Washington and has more than 2,700 employees.
Under the agreement, Evergreen employees with a Body Mass Index (BMI) greater than or equal to 27 with two co-morbidities; or, a BMI greater than or equal to 30 will be eligible to participate in the program. Evergreen will cover a majority of the treatment costs for participating employees.
"Evergreen has been offering quality patient care for over 30 years and its BMI criteria demonstrates its appreciation that it is important and prudent to be proactive in addressing the burgeoning healthcare challenge of obesity. They recognize the importance of providing good health services not only to their patients, but also to their employees," stated Dr. Michael Owens, President and CEO of iVOW, Inc.
About iVOW, Inc.
Our business is focused exclusively on the disease state management of chronic and morbid obesity. We provide program management, operational consulting and clinical training services to physicians and hospitals involved in the medical and surgical treatment of morbidly obese patients. We also provide specialized vitamins to patients who have undergone obesity surgery. Our corporate website is www.ivow.com; information on our nutritional supplements for post-surgical gastric bypass patients may be found on www.vistavitamins.com. iVOW is the new corporate name of Vista Medical Technologies, Inc. iVOW is traded on the NASDAQ Capital Market under the stock symbol IVOW.
Forward Looking Statements
This news release may contain forward-looking statements concerning the business and products of iVOW, Inc. Actual results may differ materially depending on a number of risk factors, including, but not limited to the following: the Company's ability to penetrate the market for obesity surgery management services; the final decision by CMS on coverage for bariatric surgery, the Company's ability to raise additional funds to support its business plan and the Company's ability to successfully integrate the business and operations of Sound Health Solutions, Inc. Other risks inherent in our business are described in the Company's Securities and Exchange Commission filings, including its Quarterly Report on Form 10-QSB for the nine-month period ended September 30, 2005. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
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