Colorado MEDtech, Inc. (Nasdaq:CMED), a Boulder, Colorado-based provider of advanced medical technology outsourcing services and medical imaging system components and accessories, announced a strategic alliance with Red-M(TM), a leading supplier of advanced Bluetooth(TM) networking product solutions.
Under the agreement, Colorado MEDtech will lead development of Bluetooth wireless enabled medical instruments and devices in conjunction with Red-M's 3000AS Access Server and 1000AP Access Points. The collaboration is intended to enable Colorado MEDtech to offer its development customers Bluetooth-enabled medical devices and instruments that can wirelessly transmit data to information systems in hospitals and medical practices over a Red-M-powered Bluetooth network. Bluetooth is a widely accepted technology standard for fast and secure short-range wireless communication.
Red-M is a developer of advanced Bluetooth networking solutions that provide rapid and secure transmission of data, voice and video communications over a wireless network infrastructure. Colorado MEDtech provides comprehensive product design, development, software, medical device connectivity and manufacturing services to medical device and medical imaging companies.
Simon Gawne, Vice President and co-founder of Red-M, said: "Red-M's award-winning 3000 AS Access Server and 1000AP Access Points create a Bluetooth wireless network that can be established throughout the hospital or medical office. We envision, through our alliance with Colorado MEDtech, Bluetooth integrated medical devices that will wirelessly relay real-time data to the central information system via the local area network. Medical device OEMs would be able to take advantage of wireless connectivity and the instant transmission of vital signs, patient records, clinical information and laboratory test results. Significant benefits include increased medical efficiency, healthcare mobility and patient service."
"Our alliance with Red-M is part of Colorado MEDtech's commitment to create for our clients the most advanced medical products available," said Stephen K. Onody, CEO and Chairman of Colorado MEDtech. "Red-M is a leader in the development of Bluetooth solutions and together we can offer the advantages of wireless technology to our clients and the rest of the medical community."
"We believe that Bluetooth technology will bring substantial benefits and change to the healthcare market, and innovative companies such as Colorado MEDtech will be instrumental in making this happen. We are delighted that they have chosen to work with Red-M," concluded Mr. Gawne.
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