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APPTION SOFTWARE ANNOUNCES SELECTION BY SUMALYTICS TO DEVELOP NEW HEALTHCARE BUSINESS INTELLIGENCE PRODUCT Apption Software's expertise in product innovation and technology commercialization assists Sumalytics in developing novel product. OTTAWA - Apption Software Corporation, an innovative provider of converged application development and new product introduction services, announced today that it has been selected by Sumalytics to commercialize a recently patented analytical technology. The new product will allow healthcare institutions to analyze their patient treatment and operational processes for opportunities to drive efficiencies, significantly decreasing expenditures without comprising the quality of care. Engaging Apption to provide New Product Introduction services allowed Sumalytics to complement its team of healthcare and business experts with the ability to realize a software application that implements the underlying intellectual property embodied in its patents. “The technical and development expertise of the Apption team coupled with Apption’s world-class development capability was important to us,” said Chandrakant Gajaria, COO of Sumalytics. “Apption’s expertise with product innovation and technology commercialization made them the right choice for our project.” Apption works with companies that may have little more than a product concept and plays a key role in commercializing technology and bringing product to market. Apption provides the product innovation and commercialization experience to help customers with marketing strategy, business analysis, product strategy, and technology selection, in addition to the development and support of the software product. “Apption’s team is experienced at working with vague or incomplete requirements, a common occurrence in new product development,” said Sam Zaid, COO of Apption Software. “Apption’s experience can make all the difference for effectively investing development resources to deliver a new product that can gain wide market acceptance.” About Sumalytics Sumalytics, Inc. is a Canadian Corporation that is engaged in developing an advanced hospital performance management system, named Variance Analytics™ (VA™). The VA product is based on ground-breaking, patent-pending technology that greatly enhances management capabilities to improve efficiency and effectiveness in healthcare. Sumalytics was founded in 2004 based on research conducted by Professor Colin M. Lay, B.Sc, M.B.A., Ph.D. at the University of Ottawa. About Apption Apption Software is a privately held corporation that specializes in developing applications involving data, voice, or video that converge web, mobile, and location technologies. Apption offers services in Converged Application Development and New Product Introduction. Apption has a successful history of working with customers from initial concept through the full development lifecycle to deliver leading-edge, software technology products and complex business solutions. The company has garnered numerous industry awards, including the 2006 Branham300 National Top 25 Technology Up-and-Comers award. January 9, 2006 Media Inquiries For media inquiries, contact: Brian Joe (613) 725-6268 media@apption.com |
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