STMicroelectronics Teams with LifeNexus to Produce the iChip Microprocessor for the Personal Health Card
GENEVA and BROOMFIELD, CO, Feb. 16, 2011 - STMicroelectronics (NYSE: STM), a world leader in semiconductor solutions, and LifeNexus, the developer of the iChip(TM) and Personal Health Card®, today announced that STMicroelectronics will produce the iChip microprocessor for the LifeNexus Personal Health Card. The Personal Health Card is the first multi-purpose electronic health card utilizing the embedded iChip for securely maintaining an individual's personal health record, with a payment card option on the same card.
STMicroelectronics supplies highly secure microcontroller ICs worldwide and will provide the computer iChip utilized in the LifeNexus Personal Health Cards. "This is without a doubt a profound, highly secure technology providing a remarkable consumer solution - a healthcare and financial payment card in one," said Marie-France Florentin, General Manager, Secure Microcontroller Division, STMicroelectronics. "Together, STMicroelectronics and LifeNexus are delivering a solution that raises the bar on mobility, security, and convenience within healthcare."
The LifeNexus Personal Health Card was designed specifically to secure and maintain an individual's Personal Health Record (PHR) on a card in their wallet. The patented iChip(TM), "Individually Controlled Health Information Platform(TM)," utilizes "mobile server" technology embedded on a chip card which is both encrypted and password-protected, providing a highly secure environment to store comprehensive health information for individuals and their family members. Christopher Maus, CEO of LifeNexus said "For years, consumers have trusted the cards in their wallet to transact personal finances. Now these same cards can maintain their health records, providing physicians' vital and potentially life-saving information from a computer chip on your card."
"When consumers are in control over their personal health records, the exchange of health information becomes considerably more convenient and secure. An optional traditional payment card feature is available, giving individuals extraordinary flexibility," said Christopher Maus. The consumer ensures privacy between themselves and their healthcare provider through consumer-authorized access. An individual's information stays in their wallet, not on a web-based server. This eliminates consumer concerns about storing sensitive data on an unrelated third party web server, while also supporting the adoption of electronic medical records by their health care providers.
About STMicroelectronics
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2010, the Company's net revenues were $10.35 billion. Further information on ST can be found at www.st.com
About LifeNexus, Inc.
LifeNexus introduces a new era in portable health records with the Personal Health Card®. This technology was designed specifically for maintaining an individual's Personal Health Record (PHR) on a card in their wallet. The patented iChip(TM), "Individually Controlled Health Information Platform(TM)," utilizes mobile server technology to securely store critical information including prescriptions, medical history, allergies, insurance data, emergency contacts, physician notes, as well as other key information. Individuals authorize access to critical information at the time and point of need. With sensitive information securely encrypted, password protected and "Off-the-Web" the consumer is in absolute control with the iChip. Now individuals can manage their personal health information and at their choice, the iChip can be applied to payment cards, conveniently making general day-to-day purchases on the same card.
For more about LifeNexus visit www.personalhealthcard.com.
Contacts:
Michael Markowitz, Director of Media Relations Americas Region
781.591.0354 michael.markowitz@st.com
Marc Longpré, LifeNexus
415.293.2837 marc.longpre@mslgroup.com
