Extenway Solutions Inc.

Extenway Solutions Inc.

March 16, 2009 10:31 ET

Extenway: Agreement With the Jewish Rehabilitation Hospital

MONTREAL, QUEBEC--(Marketwire - March 16, 2009) - Following the development of its bedside solution for hospitals, Extenway Solutions inc. ("Extenway") (TSX VENTURE:EY) is pleased to announce that it has signed a first agreement with the Jewish Rehabilitation Hospital ("JRH") to provide its bedside interactive patient media solution to a minimum of 118 beds. Extenway will deliver to JRH an in-room experience that transforms standard television into a multimedia experience. The Extenway System permits patients to feel more at home by providing on-demand access to entertainment: including digital TV, video-on-demand, music, radio, internet access and video games as well as educational content to help patients to learn more about their condition, their caregiver team and their healthcare facility.

"We are thrilled to be working with the JRH to change and improve the health experience for patients" said John McAllister, CEO of Extenway.

"By providing for the Extenway System, our patients will remain better connected to the outside world, thereby enriching their stay within de Hospital. In addition, the Extenway system will help them maintain their familial, social, and sometimes vocational links to their home and work lives during their stay, thereby facilitating their return back home" said Albert Yehuda, Director of Administrative Services of the JRH. "Patients will also be able to keep in touch with family and friends through integrated video-conferencing and phone service from their beds."

Under the agreement, which has a ten year term, the System will remain, at all times, the exclusive property of Extenway. The execution of the agreement is subject to Extenway's financing of the System under terms acceptable to it. Negotiations for such financing are currently proceeding.

About Extenway Solutions Inc.

Extenway is a trusted provider of media, connectivity and communications solutions serving the hospitality and healthcare industries. The company's services include Interactive Television Solutions, Bedside Terminal Solutions, as well as Internet, entertainment, Content, Marketing, Advertising Media, Education and Integration Solutions. Extenway enables guest-centric organizations get connected, informed and entertained. For more information, visit www.extenway.com.

Disclaimer - Safe Harbour Forward -Looking Statements

Certain statements contained in this press release constitute forward-looking statements. These forward-looking statements relate to the future financial conditions, results of operations or business of the Company. These statements may be current expectations and estimates about the markets in which Extenway Solutions Inc. operates and management's beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. The results or events predicted in forward-looking statements may differ materially from actual results or events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In particular, forward-looking statements do not reflect the potential impact of any merger, acquisitions or other business combinations or divestitures that may be announced or completed after such statements are made.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Extenway Solutions Inc.
    Mr. John McAllister
    President and CEO
    514-694-4280 (FAX)