NEW YORK, Dec. 1 /PRNewswire-FirstCall/ -- As announced by the American Stock Exchange and Ramp Corporation yesterday, Ramp Corporation today announces that a one-for-sixty reverse stock split of its outstanding shares of common stock has been declared effective for open of trading on a post-split basis commencing Wednesday, December 1, 2004.
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 Corporation
CONTACT: Andrew Brown, +1-212-440-1548, for Ramp Corporation
Web site: http://www.ramp.com/