St. Croix Systems and Equipment Management & Technology Solutions Form Alliance

Combines the Power of Capital Asset Management Data with Value Analysis Services to Reduce Capital Asset Acquisition Costs.

Boston, MA (PRWEB) November 7, 2006 - St. Croix Systems Corporation and Equipment Management & Technology Solutions (EMTS) announced today, an alliance designed to help healthcare providers utilize the two company's products and services to secure best pricing at the time of asset replacement and acquisition.

St. Croix Systems solutions enable healthcare providers to manage the entire lifecycle of hospital assets, from acquisition through retirement, and all the associated maintenance and labor costs including third-party service contracts. When the need arises to replace or buy new equipment, EMTS provides price and value analysis services that help the client with equipment vendor identification, planning, and sourcing. This value-analysis combined with other EMTS' services to solicit proposals from the vendor marketplace and even negotiate on the client's behalf, can dramatically lower capital equipment acquisition costs.

"Health Industry Group Purchasing Association (HIGPA) represents that each year healthcare providers spend over $46 billion dollars on medical/surgical equipment and supplies. This significant annual investment is at a time when the healthcare industry is becoming more focused on how to control their capital costs," said Sam Adams, president and CEO of St. Croix Systems. "Combining enterprise capital asset data available through, the St. Croix solutions with the services of EMTS, further enables our clients to leverage their software investment for increased cost savings and improved capital performance."

"EMTS is committed to partnering with best-in-class companies to help solve the capital dilemma facing many healthcare providers," said Charles George, President of EMTS. "This alliance combines the strengths of both St. Croix Systems and EMTS to help healthcare providers quickly and easily manage and reduce the costs associated with asset acquisition, associated service contracts, and valuation of all types of capital equipment."

About St. Croix Systems Corporation
St. Croix Systems (www.stcroixsystems.com) is the leading provider of software and services designed to integrate the core functions of asset management, asset logistics, safety management, and capital planning for healthcare providers worldwide. Since 1993, health systems have been utilizing our applications to improve asset and facility management, increase operating and financial performance, and enhance service and safety in the environment of care. Privately owned, St. Croix Systems is headquartered in Waltham, MA.

About Equipment Management and Technology Solutions
EMTS (www.emtsolutions.biz) works with health care organizations nationally to manage and reduce the costs associated with the acquisition, on-going service, and valuation of all types of capital equipment. For more information, please call 888-345-1468. Privately owned, EMTS is headquartered in Littleton, CO.

St. Croix Systems Media Contact:
Becky Nies
Director of Marketing, St. Croix Systems
+1 612.850.0739
bnies@stcroixsystems.com