Cross-industry: Patient Access Buys Stake In Oil Remediation Firm
September 15, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Patient Access Solutions, Inc. (OTC: PASO), a provider of digital pen and paper technologies for the healthcare industry, said that its DPAS Division has acquired a 25 percent ownership in Global Environmental Remediation Solutions, LLC, a Florida-based firm specializing in oil spill cleanup technologies.
According to Patient Access, Global Environmental has developed a unique multi-dimensional oil remediation technique for the hundreds of miles of low-lying marshlands on the Gulf coast that have been devastated by the spill.
The firm’s proprietary boat design is meant to go into the shallow waters, where the current oil cleanup boats cannot access, and uses its own oil skimming solution and transfer system to combat the various types of oil that are being found in the area.
DPAS is simultaneously developing a marine application for its digital pen and paper technology, based on Anoto technology, so boat operators, marine biologists and more can collect information on waterproof paper, such as amounts of oil being collected and separated, environmental observations, etc.
When the pen is placed in its docking station, the written information is uploaded electronically to the agency's computer system and instantly the hand written information becomes usable data for tracking and accountability.
New York-based Patient Access’ products include D-PAS, a digital pen and paper technology based on Anoto technology and created by the Swedish IT company Catrel AB, which is used to capture hand written information into digital forms and EMR systems and PAS Data Center, a terminal solution that allows health care providers to quickly determine benefit eligibility.
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