- Installation will be ongoing while
materials are received. - Training on the system basics will
begin approximately 10 weeks prior to
system completion. Several different
training modules will be provided for
the various system users.
Two contracts will be secured near the end
of year one and two contracts early in year
two to meet the sales forecast for year two.
SUMMARY AND CONCLUSIONS
MedTrack believes that RFID technology is
poised for replacing the decades-old bar-code
technology. This transition will lead to an
exponential growth in RFID applications.
The health-care industry and hospitals in par-
ticular will have significant opportunities to
not only save on the cost of supplies and
equipment, but also to provide better quality
care and treatment to their patients. As an
early entrant to tap this market, MedTrack
will have a big opportunity to establish,
grow, and become a trailblazer. MedTrack’s
strong business plan supports this vision.
MedTrack 441
Company legal set up
MedTrack begins
Initial staffing
Deal completed with VC
Initial $5MM secured
Add’l $4MM negotiations
Add’l $4MM secured
Marketing launch
Launch hosp. identified
Hosp.contract negotiations
Launch PO received
Software design version 1.0
Materials procurement
Installation, debug
Training
Launch sys. complete
4th quarter 1st quarter 2nd quarter 3rd quarter 4th quarter 1q
O N D J F M A M J J A S O N D J
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ID Task Name
EXHIBIT 11 Scheduling and Milestones
Notes
- http://knowledge.wharton.upenn.edu/
index.cfm?fa=viewArticle&id=1161
2.Hospital Security and Safety Management21, no. 10,
February 2001: 5-8. - Hospital Security and Safety Management19, no. 7,
November 1998: 5-9.
4.Hospital Security and Safety Management11, no. 7,
November 1990: 5-8.
5.American Journal of Hospital Pharmacy38, no. 7,
July 1981:1007-1010
6.Hospital Security and Safety Management15, no. 10,
February 16, 1996: 5-10.
- http://www.hhs.gov/healthit/
- http://www.statehealthfacts.org
- http://www.oshpd.cahwnet.gov/HQAD/
Hospital/financial/hospAF.htm. - Maureen Glabman, “Room for Tracking RFID.”
http://www.hospitalconnect.com.