Today, VirtualHealth Technologies, Inc., provider of electronic health records security technology, announced that its subsidiary, Secure eHealth, has entered into an agreement with a subsidiary of Wound Management Technologies Inc, Wound Care Innovations, LLC. The agreement allows Wound Care the use of Secure eHealth’s Cifra secure healthcare platform. WCI will use the highly secure messaging system to work with its CellerateRx® products.

Wound Care Innovations will initially focus on using the Cifra platform to exchange secure messages, to transport files with the secure document courier and to store related documents. In the second phase, the Secure eHealth System Tray Notifier technology will be added to send secure notification alerts to enrolled users. The companies plan to offer the integrated system to Wound Care Innovations’ vendors, partners and health care community associates.

Jim Renfro, President of VirtualHealth Technologies, commented, “We are excited to have Wound Care Innovations license our security platform for their

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Unisys Corporation (UIS) has recently announced that its German subsidiary has won a five-year contract for information technology (IT) outsourcing services from Henkel AG & Co. Pennsylvania-based Unisys provides IT services and solutions that offer clients with expertise in systems integration (SI), outsourcing, infrastructure, server technology and consulting. Henkel AG is a Germany based IT outsourcing company. Unisys was one of three providers chosen by Henkel as part of an IT outsourcing program to help the company reduce costs and increase quality of service delivery. Under the terms of the agreement, Unisys will provide a range of end-user support services for Henkel’s growing business, including desktop management and support, service desk, end-point security, upgrades and repairs to personal computers and notebooks, and transition services based on the Information Technology Infrastructure Library standard. Meanwhile, IT spending is expected to pick up by early 2010 and ...

General Electric Co. (GE) and Rolls-Royce Group are gathering support for the second F-35 engine program, which Defense Secretary Robert Gates and President Barack Obama have singled out as unnecessary in the tightening credit environment. Representatives of the two companies met top Pentagon officials recently to offer a fixed-price package on about 100 low-rate production engines for the F-35 fighter.

The deal would cover low-rate production engines to be built from 2012 to 2015. Without F-35, GE would be out of the large fighter-aircraft engine business. Gates recently reiterated his opposition in Fort Worth, Texas, where Lockheed Martin Corp. (LMT) builds the F-35. Lawmakers backing the program are of the view that continuing work on a second engine will stimulate competition and lower costs on the massive $300 billion fighter program in the long run.

United Technologies Corp.’s (UTX) Pratt & Whitney unit has seen the

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General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy of exiting from non-core businesses. GE has hired JPMorgan Chase & Co. (JPM) to sell the portion of its business that makes security products. The business has drawn interest from GE’s rivals United Technologies Corp. (UTX) and Tyco International (TYC). Security assets have traditionally attracted private equity buyers, but due to the difficult economic environment and an expressed interest by GE in selling these assets to a strategic buyer, bid amounts could be depressed for such a product portfolio. It remains in question whether acquirers will be interested in GE Security’s full portfolio of products, or only bits and pieces of the business. General ...

The Ministry of Electricity and Water in Kuwait recently selected General Electric Co. (GE) for building a 2,000 megawatt power plant. The company had submitted a bid for 770 million dinars ($2.7 billion) for the Subbiya plant.

In April, Kuwait floated a new tender for building turbines for a plant in the north of the country. At that time, the Ministry had expected costs for bringing the plant into effect by 2011 to be far less than 700 million dinars. Kuwait has one of the world’s highest per capita power consumption rates.

Apart from GE, other companies that initially qualified for the project included Germany's Siemens (SI), Japan's Mitsui & Co. (MITSY) and Marubeni Corp., Spain's Iberdrola Ingenieria Y Construccion and Canada's SNC-Lavalin Ltd.

General Electric has products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media

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Earlier this month, Unisys Corporation (UIS) announced that it successfully completed its previously announced private debt exchange offers. Unisys reduced its debt outstanding by approximately $130 million (about 12%) and thereby reduced 2010 debt maturities to $65 million. The private debt exchange offers involved the exchange of outstanding unsecured senior notes of the company for secured notes, common stock, and cash. After the debt exchanges, the company still has approximately $300 million of notes of different maturities outstanding. UIS was struggling with a high debt level of $1061.2 million at the end of the most reported quarter. Last month, the company reported better than expected results for the second quarter due to ongoing measures to reduce costs. The new CEO is determined to make the organization lean and highly efficient and had underlined a restructuring plan six months back. to improve profitability. This restructuring ...

Suspect Detection Systems is an Israeli company that specializes in developing innovative homeland security, military intelligence, and law enforcement advance technologies. These technologies are based on extensive intelligence and counter-terrorism know-how accumulated in Israel.

The company’s first advanced product is called “COGITO”, a fully automated system that does not require human control and/or operation. Relying on unique and proprietary software technology, the system is designed to identify malicious intent in various settings and scenarios. The technology emulates an investigator’s modus operandi by incorporating artificial intelligence techniques and algorithms.

All of the company’s COGNITO products are incorporated in an all-in-one test station unit that includes biometric and documentation verification features in addition to the interrogation capabilities. The COGNITO technology enables law enforcement agencies to conduct hundreds of interrogations without actually using professional interrogator interviewers.

The COGNITO system is able to identify terrorists, employees who have hostile intents,

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The Baltimore County, Maryland government has awarded Brekford International (formerly Tactical Solution Partners, Inc.), an innovative homeland security technology and services firm, a new ten-year contract to provide technology products and services to its law enforcement agencies.

According to the terms of the contract, Brekford will provide Baltimore County with the Panasonic Toughbook® ruggedized mobile computer systems customized for public safety use, as well as related ergonomic mounting solutions, mobile technology products and peripherals.

Ideal for mobile use, the powerful, durable, full-featured Toughbook has a DVD Multi drive, plus 13.3″ daylight-readable touch-screen LCD and integrated options, including wireless solutions which assure high performance on the road. The Toughbook is sold through the company’s PelicanMobile line and the systems offer powerful, user friendly “office-in-the-car” mobile solutions that provide public safety workers with the unique functionalities necessary to enable effective response to emergency situations.

These systems enable law enforcement officers, security personnel and

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