NEWS

CenTrak Expands to Meet Growing Demand

CenTrak doubles current office footprint and increases resources to support emerging need for efficient delivery of healthcare services.

(Newtown, PA – June 4, 2013) — Today, CenTrak, the leading provider of Clinical-Grade Locating™ technologies, announced the relocation of its corporate headquarters in Newtown, Pennsylvania to support continuing company growth. The local move will allow CenTrak to expand customer support, research and development, and client services, as well as add implementation teams. These enhancements will enable CenTrak to keep up with demand for its battery-operated asset management, patient tracking, staff locating, workflow, and compliance monitoring solutions. The new office more than doubles the footprint of CenTrak’s current facilities and also provides space for its anticipated continued growth.

Recently, CenTrak was chosen as the exclusive RTLS provider to HP Enterprise Services for their $543 million contract with the Department of Veterans Affairs. The VA’s standardization on CenTrak’s Clinical-Grade Locating™ infrastructure in all of its 152 medical centers is expected to further accelerate industry adoption. In addition, CenTrak has enjoyed triple-digit annual increases in revenue from its commercial business. To ensure exceptional customer and partner support, CenTrak has recently doubled the number of its employees in implementation services, marketing, engineering, client services and operations.

"We are grateful to our partners and customers for the confidence they have shown in us, demanding excellence in the systems we deliver and maintain," said CenTrak CEO Ari Naim. "The expanded facility provides much needed space for our growing team and reflects the significant role RTLS is playing in making our healthcare system more efficient." The new headquarters for CenTrak is located at 125 Pheasant Run, Newtown, PA 18940.

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About CenTrak

CenTrak® is the leading provider of precise, versatile, and cost-effective location solutions for healthcare. CenTrak’s Clinical-Grade Visibility™ platform delivers unmatched accuracy, speed, performance and power-efficiency making it a smarter technology investment. CenTrak’s Gen2IR™ technology delivers certainty-based location data, a requirement for workflow and other key healthcare management applications. CenTrak is currently deployed at hundreds of world-class healthcare facilities in the US, Asia, Europe and the Middle East. www.centrak.com

Clinical-Grade Locating™, Clinical-Grade RTLS™, and CenTrak® are registered trademarks of CenTrak Inc.

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CenTrak provides facilities with data-driven insights, creates a safe and efficient environment for staff, and enhances the healthcare experience for patients, residents, and their families.