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Technology Stocks : Medtech Inc (MDTK)

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To: Henry Volquardsen who wrote ()12/15/1999 8:52:00 AM
From: Raymond2  Read Replies (1) of 66
 
Fantastic news- today -software is also linux based
biz.yahoo.com
Wednesday December 15, 8:02 am Eastern Time

Company Press Release

Pioneering Linux Internet-Based Health-Care Management Version
Launched by e-MedSoft.com

Seven-Month Development Completed by Health-Care Internet Leader

JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Dec. 15, 1999-- e-MedSoft.com (OTCBB:MDTK - news) today announced that it has
launched what it
believes to be one of the first Linux-based Web-native comprehensive health-care management systems.

The launch coincides with the company's much-anticipated release of Version 2 of its Web-native Healthcare Portal now incorporating comprehensive
and
integrated practice management and managed care services, as well as specialized Healthcare e-Commerce.

The culmination of the development process, a process which occurred over the last seven months, is anticipated to provide extraordinary additional
flexibility to all
portions and sectors of the health-care industry, including payers, providers and vendor constituents.

The release of the Linux-ready system is coupled with several additions to the company's core product, which was initially released in the beginning of
January 1999
as -- at the time -- one of and perhaps the first full-service Internet-based practice management systems.

The Linux development has been in line with the strategies employed by the company and its strategic partner Sun Microsystems (NASDAQ:SUNW -
news),
including assuring the most flexible and cost-effective range of product and service offerings possible.

Since the company's inception, product development has been driven by a focus on delivering a reliable service to the health-care professional
community that
provides the greatest functionality while both being highly cost-effective and fitting easily into the environment.

The addition of Linux to the supported deployment platforms, both on the server as well as the desktop, continues the company's tradition of delivering
the most
cost-effective solutions for service.

``Our customers are extremely cost-conscious, while at the same time demanding the highest quality service possible. After all, patient welfare is at
stake,'
commented John F. Andrews, chief executive officer of e-MedSoft.com.

``Offering our industry-leading Web-native services on the Linux operating system gives our customers the best possible scenario: comprehensive
functionality in the
lowest-cost high-scale, high-availability environment.

``Our alliance with Sun Microsystems, and our dedication to 100% Pure Java and to Open Standards are the keys to our ability to constantly push the
price/performance envelope for our customers, and to improve the bottom line for our shareholders. Linux is a natural fit and a tremendous advantage
as we work to
improve our price/performance proposition,' concluded Andrews.

Commenting on this important development, Sam Romeo, president and CEO of University Affiliates IPA Medical Group -- An Affiliate of the
University of
Southern California School of Medicine, stated: ``With the nearly 3,000 physicians that are members of our system, there is an increasing focus on
finding new ways
to drive down costs and increase functionality.

``These concepts are becoming increasingly important as the margins in the industry become tighter, and as the competition level increases.

``One of the key reasons why our organization invested in e-MedSoft.com, and why I decided to serve on its board of directors, is because it was our
view after
evaluating the e-MedSoft.com technology and business plans that e-MedSoft.com had been the leader and would continue to be the leader in this new
frontier of
connectivity and functionality among the constituents in the health-care industry.

``We are gratified and excited at the prospects that have resulted from e-MedSoft.com's decision earlier in the year to spend time in the laboratory to
develop the
first fully functional Linux-based provider management system -- our physicians demand that we are at the technological forefront of the industry and
that is obviously
where we are,' Romeo concluded.

About Linux

Linux is a free Unix-type operating system originally created by Linus Torvalds with the assistance of developers around the world. Linux is an
independent POSIX
implementation and includes true multitasking, virtual memory, shared libraries, demand loading, proper memory management, TCP/IP networking, and
other
features consistent with Unix-type systems.

About e-MedSoft.com

e-MedSoft.com is a leading provider of Internet-enabled application services and business portals for the health-care industry. As an application
services provider
for the health-care industry, e-MedSoft.com hosts and provides access to its industry-leading medical/professional services and Internet applications.

Through its Internet portal, the company extends access to data, knowledge and applications to health-care professionals, thereby eliminating many
manual and
costly administrative tasks. Critical information is provided at the point of care anywhere, any time with any device.

Through the company's wholly owned subsidiary e-Net Technology, e-MedSoft.com extends its products and services internationally. The
e-MedSoft.com family of
companies are strategic partners with Sun Microsystems, Oracle Corp. and Cisco Systems Ltd. For more information, see mdtk.com and
www.enetgroup.co.uk.

Statements in this news release that relate to management's expectations or beliefs concerning future plans, expectations, events and performance are
``forward-looking' within the meaning of the federal securities laws. Actual results or events could differ materially from those anticipated in the
forward-looking
statements due to a variety of factors, including, without limitation, acceptance by customers of the company's products, changing technology,
competition in the
health-care market, government regulation of health care, the company's limited operating history, general economic conditions and availability of
capital.

Note to Editors: Java and 100% Pure Java are trademarks of Sun Microsystems Inc. in the United States and other countries. All other trademarks,
tradenames,
registered trademarks or registered tradenames are the property of their respective holders.

Contact:

Magnum Financial Group LLC, Los Angeles
Michael Manahan, 213/488-0443 (Investors)
msmanahan@magnumfinancial.com
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