CAMBRIDGE, Mass.—August 7, 2006—InterSystems Corporation today announced it has been selected to provide its CACHÉ post-relational database software for the U.S. Department of Defense (DOD), Health Affairs, Composite HealthCare System (CHCS). The contract, with an initial value of approximately $14.7 million, includes option periods which, if exercised, will bring the cumulative value to an estimated $63 million.
The leading database provider in healthcare, InterSystems develops and markets the CACHÉ post-relational database and Ensemble rapid integration software.
“InterSystems has a successful track record of providing database technology for government healthcare systems, including many of the largest electronic health record systems worldwide,” said Paul Grabscheid, InterSystems Vice President of Strategic Planning. “We are very pleased that this contract award will put InterSystems database software at the core of healthcare delivery at 70 hospitals and more than 400 clinics serving over eight million people.
“InterSystems believes that an evolutionary approach to systems development is superior to a disruptive rip and replace effort,” Grabscheid continued. “We are committed to supporting our DOD partner in modernizing CHCS and achieving their healthcare systems goals.”
For over 25 years, InterSystems Corporation has been a technology innovation leader in database and integration software. The CACHÉ post-relational database and Ensemble rapid integration software enable developers in every industry sector to quickly create, deploy and integrate high-performance applications. With world headquarters in Cambridge, Massachusetts, InterSystems has offices in 20 countries and provides support to customers in 88 countries.
InterSystems is a leader in integration technology and the world’s #1 database provider in healthcare, with its products used by most major hospitals and labs, including America’s 10 best hospitals as rated by U.S. News and World Report. For more information, visit www.InterSystems.com
Trademark Notes: Caché is a trademark of InterSystems Corporation. Other trademarks belong to their respective owners.
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