Patient Access Solutions, Inc. Expands Its Marketing Towards the Government and Military Sector to Gain Part of the $1.85 Billion IT Healthcare Spending

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HAUPPAUGE, N.Y., Sep 21, 2009 (GlobeNewswire via COMTEX) -- PASO | Quote | Chart | News | PowerRating -- Patient Access Solutions, Inc. (Pink Sheets:PASO), a leading provider of healthcare/financial processing solutions for the healthcare, homecare, nursing LTNC and dental industries, today announced that the Company has started working and marketing to sell D-PAS digital pen products to various government and military agencies. The Company has introduced the D-PAS digital pen technology to the Veterans Health Administration for use in its Point of Care pilot program at selected VA hospitals. Additionally, there has been introduction to the U.S. Military Health System and the U.S. Army Rapid Equipping Force.

Working with Brigadier General Uri (Tony) French, U.S. Army (Retired), PAS is drawing on established relationships and continuously building new ones among buyers and senior personnel of the military and the government.

State and local governments, using money provided under the economic stimulus law, will increase spending on health care information technology over the next few years, according to a report from the market research firm Input. The state and local market for the technology is expected to grow to $9.6 billion by 2014, from $7.6 billion in 2009, a compound growth rate of 4.6 percent, the report states.

State and local agencies also are investing in electronic health records systems, which are a primary component of health IT. Their spending on such systems is projected to expand from $850 million this year to $1.85 billion in 2014, according to Input's "Health IT Transformation: FY2009-FY2014 State and Local Market Forecast," which was released Aug. 26.

"Working with General French provides PAS with an important opportunity to tap into two huge markets, the government and the military. We believe that our products could be quite useful for active duty personnel as well as veterans, both in the healthcare and non-healthcare environments," stated Bruce Weitzberg, CEO and President of Patient Access Solutions. "The goal of PAS is to capture a percentage of this spending by leveraging the technology they currently offer, with integration into currently used products."

About Patient Access Solutions Inc.(www.pashealth.com)

Patient Access Solutions Inc. (PASHealth) is a Healthcare Solutions company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment. For more information about the services and products of Patient Access Solutions, please visit our website at www.pashealth.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Patient Access Solutions, Inc.

CONTACT:  Patient Access Solutions, Inc.
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