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Waveland NCP Alabama Makes Equity Investment In Awarix (January 2006)

BIRMINGHAM, ALABAMA - Waveland NCP Alabama Ventures is pleased to announce its recent investment in Awarix . Located in Birmingham, Awarix is the leading enterprise patient care visibility system, a new category of health care technology that provides hospitals a communication platform that reliably delivers accurate, real-time information to all participants in the patient care process. The Awarix system provides an enterprise hands-free communication network via electronic "whiteboards". By presenting a graphic representation of the hospital's floor plan, clinicians and other users can determine exactly what is happening with patients simply by glancing at large screen displays. Location technologies (Ultrasound & RFID) and geospatial visualization are integrated with existing clinical systems to create a single view of patient status. With the Awarix system, health care providers have been able to quickly increase revenues via increased capacity, eliminate emergency department diversion, improve patient care quality and enhance employee and patient satisfaction.

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