Jump Technologies Revolutionizes Inventory Management for Healthcare with the First Cloud-Based Solution that is Fast and Easy to Implement and Use

SAN DIEGO and ST. PAUL, Minn., July 29, 2013 -Jump Technologies®, a leader in combining smart technology with the convenience of cloud computing for supply-chain management solutions, today announced that it is bringing its market leading inventory management solution, JumpStock™, to the healthcare industry. JumpStock, the first easy-to-implement and use cloud-based inventory management solution for the healthcare industry, can be up and running in less than one week and eliminates non-compliant use with a combination of convenient devices, including key fob barcode scanners, smart phones and tablets.

Jump Technologies President and CEO John Freund made the announcement at the Association for Healthcare Resource and Materials Management (AHRMM) conference and exhibit, July 28–31 at the San Diego Convention Center, where the company is exhibiting in booth 325. "JumpStock solves the biggest issues facing the healthcare industry's adoption of an inventory management solution—a complicated, long implementation process, non-compliant use and high cost," said Freund. "Because this solution can be implemented in less than a week for most facilities and requires virtually no training, it's ideal for IDNs (integrated delivery networks) that want to gain immediate visibility into the supply chains of their hospital acquisitions without having to wait for a complete system integration. What's more, reducing inventory management costs can help hospitals address the impact of the Affordable Healthcare Act without sacrificing patient care."

JumpStock's compact key fob barcode scanners are easy to use for helping to reduce inadvertent, costly errors. In addition to providing more accurate inventory management, JumpStock reduces costs associated with processing orders, ensures compliance with purchasing contracts, reduces inventory carrying costs, frees up facility space, cuts waste associated with expiring products and eliminates stock-outs and overstocks. JumpStock is also fully functional on any iOS or Android based smart device deployed throughout the facility. This mobile technology enables staff to create orders, take inventory, receive orders and accomplish other inventory management related tasks in any area of the hospital or clinic.

"We had JumpStock up and running in just three days, and our lab technicians started using it immediately," said California Stem Cell, Inc. Lab Coordinator Preston Switzer. "It took me less than five minutes to teach the team how to use a barcode scanner and how to create orders on the fly with their cell phones. They no longer have to wait for me; they can create their own cart for me to include in our standard order, or email/fax the order immediately for items that are needed a.s.a.p."

Named by Forbes as one of the five best inventory applications, JumpStock replaces costly, time-consuming pen-and-paper processes with leading-edge technology, bar-code scanners and smart devices that provide real-time information and insight into inventory management/replenishment activity. In contrast to more costly, complicated-to-use solutions, JumpStock requires no expensive software or hardware, no maintenance fees and only minimal training, making it the solution with the lowest total cost of ownership.

About JumpTech

Jump Technologies, Inc. is the first provider of real-time, cloud-based supply-chain management solutions that are easy to implement and use on smart devices. Unlike traditional solutions that require expensive servers and expensive, difficult-to-use software, Jump Technologies guarantees immediate ROI with solutions that do not require expensive hardware, are easy-to-install and use, require little to no training and ensure compliant use. More than 20,000 businesses in the healthcare, food service transportation, and office supplies industries solve business problems associated with inventory management/replenishment and proof-of-delivery (POD) with Jump Techonologies' solutions. For more information about Jump Technologies and its products, visitwww.jumptech.comor call (888) 373-7226.