Talyst ranks in fastest-growing private companies 4 years running 10/28/08

Bellevue, Wash., Oct. 28, 2008 — For the fourth consecutive year, Talyst has been named to the Puget Sound Business Journal’s “Washington 100 Fastest Growing Private Companies” list.

The company ranked six on the list, up from 10 last year. The latest ranking reflects 363.8 percent revenue growth from 2005 to 2007.

Talyst produces innovative pharmacy systems that enhance efficiency and patient safety. In acute-care environments, the company’s AutoPharm® software platform and AutoPack®, AutoLabel™ and AutoCarousel™ equipment work together to distribute and track medication inventory. In long-term care and correctional systems, Talyst InSite™ systems provide efficiencies and safety advantages of remote dispensing.

“We are honored at this repeat ranking, and we quickly share credit for it with our forward-looking customers, partners and employees.” said Carla Corkern, chief executive officer. “More than ever, health care facilities need the safety, value and efficiency advantages we are delivering.”

In other fast-growth honors, Talyst this year was named for the second time to the Inc. magazine “Inc. 500” list of fastest-growing U.S. private companies. Last month, the company was ranked number two on the Deloitte “Fast 50” Technology Companies in Washington state.

About Talyst
Talyst enables the intelligent pharmacy. The company provides automated systems to hospitals, long-term care and correctional systems, to improve accuracy and patient safety, while reducing costs and increasing productivity. Talyst equipment and software are used to package, barcode, store and track medication inventories. The company has more than 300 hospital and integrated healthcare system customers.

For more information, see Talyst.com or call 877-4-Talyst (877-482-5978).

Talyst, InSite and Engineering the Intelligent Pharmacy are trademarks of Talyst Inc. Other trade names are the property of their respective owners.

Talyst launches InSite™ for Corrections - 10/20/2008

Bellevue, Wash., Oct. 20, 2008 — Talyst, a leader in pharmacy automation systems, today announced the availability of its InSite™ for Corrections system, the first pharmacy automation solution designed for use in correctional facilities.
The company made the announcement at the National Conference on Correctional Health Care, underway this week at the Hyatt Regency Hotel in Chicago.

The first installation of the InSiteRx for Corrections system is operating in San Bernardino County, Calif., and will deliver an estimated 3.6 million oral medication doses per year. The system enables all prescriptions for nearly 6,000 inmates in custody to be prescribed, approved, dispensed and documented in a fraction of the time previously required, and with a higher level of quality assurance.
A comprehensive solution InSiteRx for Corrections brings efficiency and greater control to medication storage, access and delivery processes in correctional facilities. Its components and capabilities include:
• Accurate order entry – InSiteRx Provider Order Entry is designed to dramatically reduce transcription errors that lead to patient-safety risks.
• Integrated patient information – InSiteRx Pharmacy Information System automates the pharmacy operations to maximize efficiency and ensure patient safety.
• Automated dispensing – The InSiteRx Remote Dispensing System provides on-site, on-demand automation for preparing patient-specific oral medication doses.
• Secure medication storage and delivery – InSiteRx Secure Medication Cabinets automate the preparation of non-oral medications, such as ointments, drops and creams.

Remote dispensing advantages “This system addresses the concerns of corrections healthcare managers, by leveraging our market leadership and lessons learned in hundreds of hospital installations,” explains Carla Corkern, chief executive officer, Talyst. “In fact, InSiteRx for Corrections extends our service to hospitals, because many of them provide pharmacy services to jails.
“Our remote-dispensing approach brings efficiency, patient safety and cost control,” she notes, “by linking medication administration to jail and health care databases.”
“This is also relevant to the nationwide nursing shortage,” Corkern says. “At a point when it is so difficult to hire nurses, particularly those with corrections experience, InSiteRx can stretch resources and make the day-to-day nursing job in corrections more patient-centric and appealing.”
About Talyst
Talyst enables the intelligent pharmacy. The company provides automated systems to hospitals, long-term care and correctional systems, to improve accuracy and patient safety, while reducing costs and increasing productivity. Talyst equipment and software are used to package, barcode, store and track medication inventories. The company has more than 300 hospital and integrated healthcare system customers.

For more information, see the Talyst Website or call 877-4-Talyst (877-482-5978).

For the last two years, Talyst has ranked in the “Inc. 500” national list of fastest-growing private companies. Last month, the company was ranked number two on the Deloitte “Fast 50” Technology Companies in Washington State. Talyst was also honored by Fast Company magazine’s “Fast 50 Reader Favorites” list, honoring innovative, progressive enterprises.
Talyst, InSiteRx and Engineering the Intelligent Pharmacy are trademarks of Talyst Inc. Other trade names are the property of their respective owners.


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