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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: February 22, 2000
LanVision Systems, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-28132 31-1455414
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4700 Duke Drive, Suite 170, Mason, Ohio 45040-9374
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(Address of principal executive offices)
Registrant's telephone number, including area code (513) 459-5000
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Item 1. Changes in Control of Registrant.
Item 2. Acquisition or Disposition of Assets.
Item 3. Bankruptcy or Receivership.
Item 4. Changes in Registrant's Certifying Accountant.
Item 5. Other Events.
On February 22, 2000, Registrant announced that its Common Stock will
continue to be listed on The Nasdaq SmallCap Market in that Nasdaq has
confirmed that the Company has evidenced compliance with the final
requirements necessary for continued listing as set forth by the Nasdaq
Listing Qualifications Panel. Accordingly the trading symbol has been
changed to LANV. See the full text of the News Release attached as
Exhibit 99.
Item 6. Resignations of Registrant's Directors.
Item 7. Financial Statements and Exhibits.
Exhibit No. Description of Exhibit
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99 News Release dated February 22, 2000 of
LanVision Systems, Inc.
Item 8. Change in Fiscal Year
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Signatures
Pursuant to the requirements of the Securities Act of 1934, Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
LanVision Systems, Inc.
Date: February 22, 2000 By: /s/ J. Brian Patsy
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J. Brian Patsy
Chief Executive Officer
INDEX TO EXHIBITS
Exhibit No. Description of Exhibit
99 News Release of LanVision Systems, Inc.
Dated February 22, 2000
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Exhibit 99
LANVISION SYSTEMS, INC.
News Release of LanVision Systems, Inc. Dated February 22, 2000
News Release
Visit our web site at: www.lanvision.com
COMPANY CONTACTS:
J. Brian Patsy
President and Chief Executive Officer
Or
Thomas E. Perazzo
Chief Financial Officer
(513) 459-5000
MORGEN- WALKE CONTACTS:
Investor Relations:
Donna Stein/Jill Meleski
Morgen-Walke Associates
(212) 850-5600
FOR IMMEDIATE RELEASE
LANVISION SYSTEMS, INC.'S COMMON STOCK WILL CONTINUE TO BE LISTED ON
THE NASDAQ SMALLCAP MARKET
Mason, Ohio, February 22, 2000 --- LanVision Systems, Inc. (Nasdaq: LANVC) today
announced that Nasdaq has confirmed that the Company has evidenced compliance
with the final requirements necessary for continued listing on The Nasdaq
SmallCap Market as set forth by the Nasdaq Listing Qualifications Panel.
Accordingly, effective Tuesday, February 22, 2000, the listing exception will be
removed and the Company's trading symbol will be changed from LANVC to LANV.
Commenting on the Nasdaq decision, J. Brian Patsy, LanVision's Chief Executive
Officer said, "We are very pleased with the decision to remove the listing
exception as we have demonstrated our ability to continue to improve our
operations, and increased our net tangible assets."
LanVision is an e-health Application Service Provider and leading supplier of
Healthcare Information Access Systems specializing in connectivity solutions
that utilize the power of the Internet/Intranet to link hospitals, physicians,
patients and payers to a robust Electronic Medical Record. LanVision's solutions
enable the coordination of both "structured" and "unstructured" patient data
through a single health information repository. The Company's products are
complementary to existing clinical and financial systems, and use document
imaging and workflow tools to ensure end users can electronically access all the
various forms of health information including clinician's handwritten
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notes, lab reports, photographs, insurance cards, etc. LanVision's e-health
solutions offer value to all of the constituents in the healthcare delivery
process by enabling them to simultaneously access information from virtually any
location, including the physician's desktop using web browser technology. Web
access to the entire medical record improves physician productivity and reduces
administrative costs such as filing, storage, retrieval and upkeep of medical
records and clinical costs, such as redundant diagnostic testing. LanVision
provides its e-health ASP services to The University Hospital, a member of The
Health Alliance of Greater Cincinnati. In addition, LanVision has installed its
ChartVision(R) Healthcare Information Access System at an impressive list of
leading healthcare providers including: UCSF Stanford Healthcare, the University
of Pittsburgh Medical Center, Albert Einstein and Beth Israel Medical Centers,
the Medical College of Georgia and Medical University of South Carolina, and
Memorial Sloan-Kettering Cancer Center.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995
Statements made by LanVision that are not historical facts are forward looking
statements that are subject to risks and uncertainties. LanVision's future
financial performance could differ materially from expectations of management
and from results reported now or in the past. Factors that could cause
LanVision's financial performance to so differ include, but are not limited to,
the impact of competitive products and pricing, product development, reliance on
strategic alliances, availability of products procured from third party vendors,
the healthcare regulatory environment, fluctuations in operating results, and
other risks detailed from time to time in LanVision's filings with the U.S.
Securities and Exchange commission.
(C)2000 LanVision Systems, Inc., Mason, OH 45040. All rights reserved.
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