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Technology Stocks : ProxyMed (PILL)

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To: Roy F who wrote (171)10/21/1999 7:06:00 PM
From: Gerry Pince  Read Replies (1) of 261
 
ProxyMed Selects Network Alchemy for Healthcare E-Commerce Network

BusinessWire, Wednesday, October 20, 1999 at 20:31

Network Alchemy's Unique IP Clustering Technology to Provide Secure,
VPN Infrastructure for Physicians, Pharmacies, Labs and Insurers
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Oct. 20, 1999--
Network Alchemy, Inc., a leading provider of non-stop infrastructure solutions, today
announced that ProxyMed (NASDAQ:PILL), one of the nation's leading healthcare business to
business e-commerce providers, has chosen Alchemy's CryptoCluster(TM) solution to provide the
secure infrastructure for virtual private network connections to ProxyNet(TM), ProxyMed's national
healthcare e-commerce platform. ProxyNet provides secure clinical and financial transaction services
between physician offices, pharmacies, labs and insurance companies. The CryptoCluster product will
be used to secure the connections between ProxyNet's three data centers as well as to provide a high
availability encrypted connection for ProxyNet trading partners. CryptoCluster's unique value
proposition of IP clustering and integrated certificate authority, all managed by a simple Java interface,
will allow ProxyMed to add new customers and users to ProxyNet while ensuring no interruption in
service to existing users, and to scale system resources simply by adding new servers to the cluster.
"Security and availability are absolute requirements for providing healthcare transaction
services," said Michael Daschaso, director of advanced network services, ProxyMed. "Network
Alchemy's solution to these problems is unequalled in simplicity of implementation, management
capabilities and cost efficiency."
"The healthcare market place is becoming increasingly dependant on the Internet and other
public network infrastructures for communicating increasing volumes of highly confidential and
time-sensitive information," said Kenny Frerichs, chief executive officer, Network Alchemy. "We are
excited to assist ProxyMed in embracing and capitalizing on this trend."
About ProxyMed, Inc.
ProxyMed, Inc. is one of the nation's largest healthcare connectivity companies providing
private and Internet network based business to business electronic commerce services for physicians.
Though ProxyMed's desktop software and proxyMed.com, physicians are able to securely exchange
clinical and financial messages with payers, labs, pharmacies, suppliers, and their patients.
ProxyMed's e-commerce solutions simplify the financial, administrative and clinical processes of the
physician office resulting in more cost effective healthcare management and increased quality of
patient care.
About Network Alchemy
Alchemy was founded in September of 1997, to develop and market Non-stop Infrastructure
solutions that advance the use of the Internet for secure private communications, commerce and
collaboration. The founders, recognized for their innovations in the fields of TCP/IP networking,
security and operating systems software, developed the industry's first secure IP clustered networking
solution that delivers true scalability, high system availability and superior price/performance, with no
single point of failure.
Non-stop Infrastructure is a rapidly emerging product category comprised of purpose-built IP
clustered servers that manage information crossing the Internet to help ensure faster, more efficient,
more secure and more reliable transactions. Because information must always be available and
response times instantaneous, non-stop infrastructure solutions are needed to manage ever larger
workloads securely and efficiently.
Alchemy's initial Non-stop Infrastructure solution, virtual private networks (VPN), has enabled
secure, fast and low-cost communication for corporations developing new e-commerce applications
through more reliable connectivity with partners, customers and within the enterprise.
Note to Editors: All trademarks, registered trademarks and copyrights are understood to
belong to their respective owners.

CONTACT: A&R Partners (for Network Alchemy)
Kimberly Kupiecki, 650/298-3925
kkupeicki@arpartners.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE NETWORKING
INTERNET MEDICAL PRODUCT

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Copyright 1999, Business Wire
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