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Press Releases
For
Immediate Release
October 18, 2001
Gemini and Colorado MEDTech Form Strategic Alliance
Partnership will provide eLearning solutions to Medical
Device and Healthcare Industries
Calgary, Alberta, Canada and Boulder, Colorado, United States - Gemini
Learning Systems Inc. (Gemini), and Colorado MEDTech, Inc., (NASDAQ: CMED)
RELA division (RELA) announced today that they have formed an alliance
to service the huge demand for eLearning to the medical device and healthcare
industry sectors.
RELA provides electronic and elecromechanical medical device
and instrumentation development and manufacturing outsource services for
medical, in-vitro diagnostic and biotechnology original equipment manufacturers.
"This alliance allows RELA to realize two important corporate
objectives," commented Steve Onody, CEO of Colorado MEDTech. "We are able
to provide a more complete solution to our customers that will bring new
products to market more rapidly and accelerate our revenue growth. "After
six months of research, Gemini was the only company that could provide
the model we believe works for our customers."
"The healthcare industry represents approximately 10,000,000
healthcare workers of which approximately 90% receive training in the
U.S. alone," stated Kim Adolphe, President and CEO of Gemini. "This partnership
provides Gemini with a well established industry partner and an experienced
sales team to penetrate the Medical device and Healthcare Industries on
our behalf. This is an ideal partnership for both organizations."
About Colorado MEDTech
Colorado MEDtech, Inc. is a leading full-service OneSource OutSource
provider of advanced medical technology outsourcing services, including
device and disposables development, software, medical device connectivity,
manufacturing, system components for medical imaging and ultrasound accessories.
About Gemini
Established in 1990, Gemini Learning Systems Inc. is the creator of Gemini
SWIFT 5, the only out-of-the-box, affordably priced Learning and Content
Management System that can be up and running in minutes. Gemini SWIFT
5 is comprised of SWIFT Author, an eLearning and on-line test authoring
and content management tool, GeMS (Gemini eLearning Management System),
and the SWIFT Environment. Based upon an award winning design and years
of international research, the SWIFT Environment is an Adaptive Learning
Environment, Adaptive Testing Engine, and Intelligent Tutoring System.
Gemini also offers content development consulting services, ASP Hosting,
and a SWIFT Community Library.
Forward Looking Statements
This news release contains certain ''forward-looking'' statements within
the meaning of the Private Securities Litigation Reform Act of 1995, which
provides a new ''safe harbor'' for these types of statements. To the extent
statements in this news release involve, without limitation, product development
and introduction plans, the Company's expectations for growth, estimates
of future revenues, expenses, profits, cash flow, balance sheet items,
sell-through or backlog, forecasts of demand or market trends for the
Company's product categories and for the industries in which the Company
operates, or any other guidance on future periods, these statements are
forward-looking statements. The Company assumes no obligation to update
forward-looking statements.
Press Contact:
Gemini Performance Solutions Inc.
Kim Adolphe
(403) 263-8649
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