SOURCE: VERSUS TECHNOLOGY, INC.

Versus Technology, Inc.

August 30, 2011 15:19 ET

Versus to Exhibit at RFID Journal Event; RTLS Lunch and Learns

TRAVERSE CITY, MI--(Marketwire - Aug 30, 2011) - Versus Technology, Inc. ("Versus") (PINKSHEETS: VSTI) will be exhibiting at the RFID in Health Care Conference, September 13, 2011 and hosting Patient Flow Lunch and Learn Seminars in Atlanta, GA and Kansas City, MO on September 14 and 15, 2011.

The RFID in Health Care Conference offers an opportunity for Versus to demonstrate the advantages of an accurate IR/RFID Real-time Location System (RTLS) in healthcare. Versus will showcase real-world, evidence-based solutions that are advancing healthcare delivery through patient flow automation, clinical efficiency gains and superior Clinical Quality Measure reporting capabilities. The show takes place September 13, 2011 at the Embassy Suites Lakefront in Chicago, IL.

Versus will also be hosting a series of Patient Flow Seminars aimed at helping healthcare facilities understand how to best leverage RTLS throughout an organization for improved safety and efficiency. There will be two immediate opportunities to take advantage of Versus' and our clients' experience: the first is September 14 in Atlanta, GA and the next is September 15 in Kansas City, MO.

The primary speaker at these Lunch and Learn events will be Virginia Banks, RN, BSN, MBA, and former Clinical Analyst at Sacred Heart Medical Center at Riverbend. Ms. Banks brings unprecedented insight into leveraging one RTLS platform for multiple gains in workflow efficiency and situational awareness. Ms. Banks will discuss her real-world experiences with RTLS, detailing the RTLS journey Sacred Heart and the other PeaceHealth hospitals embarked on that has included leveraging their Versus RTLS system for multiple applications over the last five years, including asset tracking, fleet management, nurse call registry, and patient workflow automation.

This is a must-see presentation for any healthcare facility planning on deploying RTLS. Participants will learn how PeaceHealth utilizes RTLS throughout its facilities, including custom applications in the Emergency, Operating, Labor & Delivery, and Anesthesia Clinic areas. The presentation will also provide insight into advanced RTLS application deployed at: Virginia Mason Medical Center, Anne Arundel Medical Center, and Pacific Medical Center to help attendees understand how Versus' clients have achieved positive ROIs, such as:

  • Patient satisfaction scores in the 90s
  • 75% reduction in phone calls
  • Ability to see 35 patients within 4.5 hours
  • An additional $1 million revenue within 6 months
  • Patient rooming within 1 minute or less
  • Decreased Decision to Admit times 50%
  • Cut 40% off overall length of stay while doubling volumes
  • Eliminated waiting rooms, added revenue space
  • Savings of $600,000 on day one with par level management of IV pumps

Those interested in attending this complimentary luncheon are invited to register online. Space is limited, so reserve your spot today!

About Versus Technology, Inc.
Established in 1988, Versus Technology, Inc. specializes in real-time location systems (RTLS) for healthcare. Used for enterprise patient tracking, bed management, asset tracking, and nurse call automation, Versus Advantages™ improves patient flow and documentation of caregiver and patient interactions, while enhancing communication and efficiency. Exclusively endorsed by the American Hospital Association, the Versus Advantages infrared (IR) and Active RFID solution is responsible for clinical-grade location and automation at a number of hospitals, clinics and long-term care facilities worldwide. To learn more about Versus Technology, Inc. (PINKSHEETS: VSTI), our technology and client successes, visit www.versustech.com and take the Advantages Tour.

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This release may include forward-looking statements which "bespeak caution," and which are subject to risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. The statements are made only as of the date of this release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

Contact Information

  • Media Contact:
    Versus Technology, Inc.
    Stephanie Bertschy
    Director of Marketing
    877.983.7787
    Email Contact

    Investor/Analyst Contact:
    Versus Technology, Inc.
    Joseph Winowiecki
    Chief Financial Officer
    231.946.5868
    Email Contact