Xender to distribute 10,000 CyberCare systems

August 9, 2000

Xender to distribute 10,000 CyberCare systemsXender Corporation, a Taiwanese electronic instruments manufacturer, has signed a licensing agreement with CyberCare, a technology-based health management company, to manufacture, sell, and distribute

Xender to distribute 10,000 CyberCare systems

Xender Corporation, a Taiwanese electronic instruments manufacturer, has signed a licensing agreement with CyberCare, a technology-based health management company, to manufacture, sell, and distribute 10,000 CyberCare Electronic HouseCall systems over the next three years. Under terms of the deal, Xender will pay CyberCare a $500 per unit royalty fee to install, operate, and maintain the communications network in Taiwan and will receive a recurring network fee of $200 per month per installed unit.

Xender claims to have established relationships with more than 300 medical facilities in Taiwan and expects these customers to purchase the Electronic HouseCall system to enhance care for their chronically ill patients. The Electronic HouseCall is an Internet-based system for remote monitoring of patients.