AUXILIO Provides Business Update and Outlook
August 26, 2010 09:25 AM Eastern Daylight Time
MISSION VIEJO, Calif.--(EON: Enhanced Online News)--AUXILIO, Inc. (OTCBB: AUXO), the nation’s
pioneer and leading Managed Print Services (MPS) company for the health care industry, today released a strategic
progress review of the past 12 months, and its business model and outlook.
Beginning with new Company leadership one year ago, a reinvigorated AUXILIO focused on aligning its offering,
technology, sales and marketing strategy to meet the evolving needs of the health care industry and has signed five
contracts worth an estimated $25 million to $30 million. The contracts include three long-term renewal agreements
and two new long-term agreements, including a multi-year contract with one of the most prestigious hospital systems
in the world.
Today, with a reinforced management team, and a growing portfolio of customers and case studies attesting to the
compelling economics of its services model, the Company anticipates an acceleration of new business and revenue
Accelerating New Business and Revenue
The following summarizes Company contracts signed in the past twelve months. They are listed in descending
chronological order by date.
l Johns Hopkins Health System (JHHS) in Baltimore, Maryland, announced July 2010. This new customer
agreement is for five years, and was developed through the Company’s marketing alliance with Sodexo.
l Palisades Medical Center in North Bergen, New Jersey (an affiliate member of the New York‐Presbyterian
Healthcare System), announced January 2010. This new customer agreement is for three years, and was
developed through the Company’s marketing alliance with Sodexo.
l St. Joseph Hospital in Orange, California, announced May 2010. St. Joseph Hospital, Orange has been an
AUXILIO customer since 2005 and this agreement extended the relationship for five years.
l Huntington Memorial Hospital in Pasadena, California, announced September 2009. Hunt