MONTREAL, Oct. 28, 2004 (PRIMEZONE) -- CNC Management Services (Pink Sheets:CNCW) today announced that it has signed an agreement with the Montreal arm of a major public accountancy and management consultant to collaborate in providing products and services to the Quebec healthcare market.
CNC markets "Pyramid," an innovative case cost management and decision-support software solution for healthcare professionals that is already installed in two Quebec hospitals. Pyramid provides an unequaled tool for analyzing all costs associated with patient care. Thanks to a powerful data integration engine that facilitates the collection of clinical and financial data within a healthcare institution, strategic decision-making can be based on solid statistical and financial information. Pyramid accounts for all direct, fixed and flexible costs.
Ranking among the world's 10 largest firms of its kind, the local consultancy firm's unique expertise extends into the Quebec healthcare and social services sector where it provides consultancy to a range of customers in such areas as strategic and operations planning, change management and organizational performance analysis.
With complementary expertise, the companies, who for commercial purposes have decided to withhold details and identities regarding the agreement at this time, intend to work with customers to maximize their utility of Pyramid as it is potentially deployed across hospitals in Quebec.
CNC Management Services is a subsidiary of Central Network Communications Inc., a public company listed on the OTC Other market under the ticker symbol CNCW. For more information, visit www.cncinc.ca.
CNC's Safe Harbor Statement
Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events or performances are not statements of historical fact and may be "forward looking statements". Forward looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors.