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Exhibit 99
LANVISION SYSTEMS, INC.
News Release of LanVision Systems, Inc. Dated January 17, 2001
[LOGO]
LAN VISION
SYSTEM, INC.
NEWS RELEASE
Visit our web site at: www.lanvision.com
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COMPANY CONTACT:
J. BRIAN PATSY
President and Chief Executive Officer
(513) 794-7100
LANVISION SYSTEMS, INC. NAMES RICHARD C. LEVY, M.D. TO ITS
BOARD OF DIRECTORS
Cincinnati, Ohio, January 17 2001 --- LanVision Systems, Inc. (Nasdaq: LANV)
today announced the appointment of Richard C. Levy, M.D., M.P.H. to its Board of
Directors. With the appointment of Dr. Levy, the Board has been expanded to five
members, which includes the co-founders of the Company J. Brian Patsy and Eric
S. Lombardo and the current outside directors George E. Castrucci and Z. David
Patterson.
Dr. Levy is currently a professor at the University of Cincinnati where he was
the founding Chairman of the Department of Emergency Medicine and has been
active as a teacher, writer and researcher as well as president of two national
organizations representing emergency physicians. Dr. Levy is also President of
Medical Reimbursement, Inc., a privately held physician reimbursement company
that he founded in 1984 and Chief Financial Officer of Vanguard Medical, Inc., a
specialty practice group. Since 1980, he has been instrumental in the formation
of several companies in such areas as consulting, software development and
medical devices. He also serves on several other Boards including the
Cincinnati/Northern Kentucky International Airport.
"The Board of Directors is very pleased that Dr. Levy has joined LanVision,"
said J. Brian Patsy, Chairman of the Board and co-founder of LanVision. "Dr.
Levy brings many years of healthcare experience and great insight on the future
of healthcare to the Board. His background and experience
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will add a new dimension and significant expertise and will be of tremendous
value to LanVision in helping to set the strategic direction of our products and
business strategy."
"I am very pleased to join the Board of LanVision," commented Dr. Levy. "The
LanVision Electronic Medical Record products and eHealth applications offered
through its Application Service Provider Division are clearly the leading
product offerings in the marketplace today. I am convinced that LanVision's
technology will provide the healthcare industry with one of the major tools
necessary to meet the challenging requirement to lower costs while at the same
time improving overall patient care in the digital age."
LanVision is an eHealth 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 notes, lab
reports, photographs, insurance cards, etc. LanVision's eHealth 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 eHealth 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: Stanford Hospital and Clinics, 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)2001 LanVision Systems, Inc., Cincinnati, OH 45242. All rights reserved.
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