e-MedSoft.com and NCFE Ink Deal to Expand Connectivity Relationship
JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Dec. 23, 1999-- e-MedSoft.com (OTCBB:MDTK - news) and
National Century Financial Enterprises, Inc. (''NCFE'') announced today that they have signed an agreement to expand
their technology relationship to include the exclusive development of a self-service Internet portal that will enable NCFE's
clients to access reports and information designed specifically for them.
NCFE is the country's largest provider of health care accounts receivable financing via securitization and is one of the
largest specialty financial institutions in the nation. Currently, NCFE has more than $2 billion in total assets.
NCFE has been working with e-MedSoft.com since January of 1999, providing extensive entrees into the health care
market. During this time, the companies have repeatedly evaluated the expansion of the relationship from a technological
and customer standpoint. The Internet portal is the beginning of that expansion strategy between the two companies, as
NCFE continues to penetrate significant portions of the health care industry in 46 states with NCFE's more than 1,500
provider locations throughout the United States.
The project encompasses implementing a solution that will allow NCFE's clients to access a new NCFE self-service portal
and be presented with all of their specific information in a fully secure environment. e-MedSoft.com will create this
accessibility using its fully customizable ''Web-native'' Application Framework. The project is also designed to
re-engineer some of its internal processes.
Commenting on this important development, Donald H. Ayers, Vice Chairman of NCFE remarked, ''After consistently
evaluating the competitors of e-MedSoft.com, we are convinced that the e-Med technology is among the best available.
We are also convinced that the man to bet on in this industry is John F. Andrews, as Mr. Andrews is one of the few who
have actually blazed the trails to create the kind of large Web networks that must represent the future of health care.
''Because of these two factors, we intend to continue our commitment to furthering the expansion of the relationship for the
benefit of both NCFE, e-MedSoft.com and their customers.''
John F. Andrews remarked: ''NCFE is an extremely impressive and forward-looking organization, and its decision to
expand the relationship with the Company is both satisfying and exciting. For the past year, we have evaluated the
prospective revenue base generated by our relationship with NCFE, and we are convinced still that this represents the
single most important long-term revenue generating relationship the Company has.
''NCFE is an organization that is growing in rapid and impressive fashion, and we are proud to be a partner with NCFE
during that growth.''
About NCFE:
Headquartered in Dublin, Ohio, National Century Financial Enterprises, Inc. has raised in excess of $1 billion through its
securitized programs during 1999 and is the country's largest provider of health care accounts receivable financing via
securitization. In addition to its Dublin headquarters, NCFE has offices in Scottsdale, AZ, Durham, NC and Port Charlotte,
FL. The firm currently employs more than 230 people.
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, availability of capital and -- in the case of the technology described in this release -- whether or not the
Company is successful in its future development and commercialization of the patented technologies.
Note to Editors: Java and 100% Pure Java are trademarks of Sun Microsystems Inc. in the United States and other
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respective holders.
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