CHICAGO, IL--(Marketwire - Jul 24, 2012) - Dresner Partners, a leading FINRA-registered, middle-market investment bank and IMAP member firm, announced today that it advised Pewaukee, Wisconsin-based IMCO Technologies Corp., in the divestiture of its critical test results management solution. Terms of the transaction were not disclosed.
IMCO's Critical Test Results Management (CTRM) software is capable of securely and rapidly transferring information between caregivers when time is critical to patient care. CTRM's technology sends messages from lab and radiology staff to referring caregivers on a variety of mobile devices.
"IMCO has developed a much needed and effective technology for hospitals and radiologists, and we were excited to partner with Amcom Software, Inc. to accelerate our market penetration," said Hank Smith, Chief Executive Officer at IMCO. "We want to thank the Dresner team, led by Paul Hoffman, along with our other professional advisors and management team who worked together seamlessly to consummate a successful transaction."
"We have established a culture of open, interactive discussion with our customers, and many have identified the need to improve critical test results handling," said Kate Bolseth, Chief Operating Officer of Amcom. "We're pleased to be able to integrate this capability with their existing communications infrastructures for the good of patient care."
Paul Hoffman, Senior Vice President at Dresner Partners, added, "IMCO's technology, which enhances workflow efficiency and patient safety while reducing clinical risk and related litigation, represents a natural extension to Amcom's product suite. It was a pleasure working with the IMCO team as well as Amcom in putting this deal together."
"We at Dresner feel privileged to have been able to advise IMCO in this highly synergistic transaction," said Steven Dresner, President of Dresner Partners. "We expect that the combination of IMCO's product suite with Amcom's technology platform and customer base will enhance Amcom's healthcare service capabilities going forward."
About IMCO Technologies Corporation
IMCO Technologies is celebrating its 21st year as an innovator in the information management marketplace. IMCO produces, sells and services software solutions in hospitals, imaging centers, radiology reading groups and clinical laboratories. Product development centers on the principles of; 1) ease of use, 2) system configurability and modularity, 3) fast performance, 4) affordability, and 5) adherence to industry standards.
About Amcom Software, Inc.
Amcom Software, a subsidiary of USA Mobility, Inc. (NASDAQ: USMO), connects people to each other and to the data they need. This helps organizations save lives with communications that are faster, more accurate, and more efficient. Thousands of organizations worldwide rely on Amcom solutions for critical smartphone communications, contact center optimization, emergency management, and clinical workflow improvement. The company's products are used by leading organizations in healthcare, hospitality, education, business, and government. By continually developing its industry-leading technologies, Amcom Software continues to solidify its market leadership.
About Dresner Partners
Dresner Partners is a FINRA-registered, middle-market investment bank headquartered in Chicago, Illinois with locations in New York, Connecticut and Los Angeles. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the world, including institutional private placements of debt and equity, merger and acquisitions, financial restructuring & corporate turnarounds, valuations and strategic consulting services. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. An affiliated company, Dresner Corporate Services, is a strategic communications firm specializing in public and investor relations. More information is available at www.dresnerpartners.com or www.imap.com/locations/office.cfm?OfficeID=416.