NEW YORK, Feb. 1 /PRNewswire-FirstCall/ -- Ramp Corporation today announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission for a Special Meeting of its Stockholders, to be held at the Company's offices, located at 33 Maiden Lane, 5th Floor in New York City on or about March, 2005. Following regulatory approval being obtained, the proxy statement will be sent to Ramp's stockholders of record as of February 11, 2005. The proxy consists of 6 items of business, four of which are required under the rules of the American Stock Exchange to ratify and approve the Company's financing transactions, another is to ratify the appointment of BDO Seidman as the Company's independent registered public accountants, and the final item of business for stockholder approval is the replenishment of the 2005 Stock Incentive Plan. Ramp Corporation, through its wholly owned HealthRamp subsidiary, develops and markets the CarePoint and CareGiver suite of technologies.
"The filing of this proxy statement is a significant event in our continued revitalization as a Company. The financings described in the proxy have provided the Company much needed capital, and the Company believes its recent financings will provide the capital resources necessary to fund our future growth. Replenishment of our 2005 Stock Incentive Plan will continue to provide us with the flexibility to utilize our common stock as an incentive to attract employees and third-party consultants, while aligning their interests with the overall goals of the Company," stated Andrew Brown, Ramp CEO and President.
Ramp Corporation, through its wholly owned HealthRamp subsidiary, develops and markets the CareGiver and CarePoint suite of technologies. CareGiver enables long term care facility staff to easily place orders for drugs, treatments and supplies from a wireless handheld PDA or desktop web browser. CarePoint enables electronic prescribing, lab orders and results, Internet-based communication, data integration, and transaction processing over a handheld device or browser, at the point-of-care. HealthRamp's products enable communication of value-added healthcare information among physician offices, pharmacies, hospitals, pharmacy benefit managers, health management organizations, pharmaceutical companies and health insurance companies. Additional information about Ramp can be found at http://www.ramp.com/.
Safe Harbor Statement: To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the ability of the Company to raise capital to finance the development of its Internet services and related software, the effectiveness, profitability and the marketability of those services, the ability of the Company to protect its proprietary information and to retain and expand its user base, the establishment of an efficient corporate operating structure as the Company grows and, other risks detailed from time-to-time in our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements.
Ramp CorporationCONTACT: Andrew Brown of Ramp Corporation, +1-212-440-1548
Web site: http://www.ramp.com/