PASHealth (OTCBB: PASO) trades higher by 10.96%, with news!
ORIGINAL ALERT INFO :
ALERT DATE & PRICE: 07/07/08 @ $.97 ALERT EMAIL:CLICK HERE CURRENT PRICE: $.81 CURRENT % ROI: -16%
COMPANY CONTACT INFO:
PATIENT ACCESS SOLUTIONS, INC.
245 Marcus Blvd.
Hauppauge, NY 11788 PHONE: (866) 280-1156 FAX: (631) 233-3739 EMAIL:
This email address is being protected from spam bots, you need Javascript enabled to view it
WEB:www.pashealth.com
Finally, we were lucky enough to have a positive day for the stock. After getting bruised up these past few days, the stock rallies to close up 10.96%. Intraday the stock hit $.86 and then closed the session at $.81.
Right after the close, the company put out news that they are moving to a bigger and more secure data center that can handle their current growth rate. It might seem like a boring press release, but not if you really look into it.
Here are the facts. Right now PASHealth is running three pilot programs with three major Home Healthcare Agencies in North America. At the moment, they are currently beginning contract discussions with one of the major Home Healthcare Agencies.
Nothing is set in stone with regards to these contracts, but don't you find it very interesting that they are moving to a facility that can handle more capacity? It would seem like to me that they are doing that to handle a big contract that they might be getting pretty soon.
Call me too optimistic, but when you put two and two together, they seem to equal four.
The company is moving forward with their business plan and it cannot get much more obvious than this.
Below is the press release from today.
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PASHealth Breaks New Ground With a Move to New, One of a Kind, Secure Long Island Data Center
Thursday July 10, 4:05 pm ET
HAUPPAUGE, NY--(MARKET WIRE)--Jul 10, 2008 -- Patient Access Solutions, Inc. (OTCBB: PASO), a leading provider of healthcare/financial processing solutions for the healthcare, homecare and dental industries, announced today that they recently relocated their new state of the art servers, along with their new infrastructure, to a much larger collocated facility to handle the current growth they are experiencing.
Their new servers will be collocated with Mithril Technology (Mithril) at the Long Island Data and Recovery Center (LIDARC). Company management chose the LIDARC location for convenience, redundant technical sophistication, Empire Zone designation, and access to multiple bandwidth providers. Management believes that no other facility on Long Island can match LIDARC for the redundancy of the facilities or carrier services available. Mithril was chosen for its infrastructure and security expertise, comprehensive enterprise class managed services offerings, and dedication to excellent customer service.
According to Bruce Weitzberg, CEO/President of Patient Access Solutions, "I believe the LIDARC Center, will provide the security, data transfer, redundancy and back up of healthcare provider information that we need to support our client base."
According to Jason Aptekar, President/CTO of Mithril Technology, "Patient Access Solutions is taking advantage of the powerful combination of LIDARC infrastructure and Mithril services. They are at the forefront of a true enterprise class infrastructure, connectivity, and service. With Mithril Professional and Managed Services, Patient Access Solutions has access to the skills, technology and experience it needs for today and tomorrow."
ALFONSE
StockwireAdmin
