Elcom Chosen as Training Provider to NHS Scotland
October 15 2004 - 3:00AM
PR Newswire (US)
Elcom Chosen as Training Provider to NHS Scotland Elcom awarded
joint contract for provision of eProcurement training for the
National Health Service in Scotland NORWOOD, Mass., Oct. 15
/PRNewswire-FirstCall/ -- Elcom International, Inc.
(OTC:ELCOOTC:andOTC:AIM:OTC:ELCOTC:andOTC:ELCS) (BULLETIN BOARD:
ELCO and AIM: ELC and ELCS) , a leading international provider of
remotely-hosted eProcurement marketplace solutions, today announced
that it has been awarded a 2 year contract, with an option to
extend by 2 years, by NHS National Services Scotland as one of the
providers of eProcurement training services within NHS Scotland.
Elcom was awarded this contract following a comprehensive tendering
process and the contract will be a direct contract between Elcom
and NHS National Services Scotland and does not form part of
Elcom's existing contract with Capgemini as the eProcurement
technology provider to the eProcurement Scotl@nd program. The
contract scope is to provide eProcurement training for up to 10,000
users within 15 NHS Hospital Trusts and associated departments.
This contract is designed to support the implementation of Elcom's
PECOS system associated with eProcurement Scotl@nd for the NHS
Hospital Trusts. Robert J. Crowell, Elcom International's Chairman
and CEO, said, "We are pleased to have Elcom selected as a training
solutions provider for the NHS Hospital Trusts in Scotland. As the
eProcurement solutions provider to the NHS, Elcom is in an
excellent position to train personnel on the use of its own system.
We believe this training programme will add additional value-add to
our NHS Trust clients." About Scottish Healthcare Supplies A
division of National Services Scotland, SHS provides procurement
and technical services to the NHS in Scotland and to many other
private sector organizations whose needs can be just as complex and
regulations just as critical. Company Product Offerings For
detailed information on our PECOS(TM) eMarketplace and eProcurement
and optional Dynamic Trading solutions, please visit our website at
http://www.elcominternational.com/products.htm About Elcom
International, Inc. Elcom International, Inc.
(OTC:ELCOOTC:andOTC:AIM:OTC:ELCOTC:and ELCS) (BULLETIN BOARD: ELCO
and AIM: ELC and ELCS) , operates elcom, inc., an international B2B
Commerce Service Provider offering affordable solutions for buyers,
sellers and commerce communities to conduct business online. PECOS,
Elcom's remotely-hosted flagship solution, enables enterprises of
all sizes to achieve the many benefits of B2B eCommerce without the
burden of infrastructure investment and ongoing content and system
management. http://www.elcominternational.com/ STATEMENT UNDER THE
PRIVATE SECURITIES LITIGATION REFORM ACT Except for the historical
information contained herein, the matters discussed in this press
release could include forward-looking statements or information.
All statements, other than statements of historical fact,
including, without limitation, those with respect to the Company's
objectives, plans and strategies set forth herein and those
preceded by or that include the words "believes," "expects,"
"targets," "intends," "anticipates," "plans," or similar
expressions, are forward-looking statements. Although the Company
believes that such forward-looking statements are reasonable, it
can give no assurance that the Company's expectations are, or will
be, correct. These forward-looking statements involve a number of
risks and uncertainties which could cause the Company's future
results to differ materially from those anticipated, including: (i)
the Company's history of ongoing operating losses; (ii) the overall
marketplace and client's acceptance and usage of eCommerce software
systems, specifically the Company's PECOS eProcurement and
eMarketplace systems and demand therefor by public sector
organizations in the U.K., both under the Company's contract with
Capgemini plc (U.K.) associated with the Scottish Executive and by
municipalities in England, the impact of competitive technologies,
products and pricing, particularly given the substantially larger
size and scale of certain competitors and potential competitors,
and control of expenses, revenue growth and corporate demand for
eProcurement and eMarketplace solutions; (iii) the consequent
results of operations given the aforementioned factors; (iv) the
possibility that the Company's revenues may not reach the level
necessary to support positive cash flow and if so, the Company's
need to raise additional working capital to fund operations in the
future; (v) the availability and terms of any such funding to the
Company, if available, and (vi) other risks detailed in the
Company's Annual Report on Form 10-K, as amended, filed on May 10,
2004, in its Forms 10-QSB for the first and second quarters of
2004, and from time to time in its other SEC reports and
statements. The Company assumes no obligation to update any of the
information contained or referenced in this press release. Company
Contact: Investor Relations e-mail: DATASOURCE: Elcom
International, Inc. CONTACT: Company Contact: Investor Relations,
e-mail: Web site: http://www.elcominternational.com/
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